# HappyFresh funding: rounds and investors

> HappyFresh has raised $34M across 3 rounds since 2015. Investors include 500 Global, Cherry Ventures and BEENEXT. Every round with its source.

Source: https://millionrounds.com/company/happyfresh (Millionrounds; every figure on the page links to its filing or article)

Indonesia · [Series C startup](https://millionrounds.com/companies)

# Who invested in *HappyFresh*

3 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Funding summary Updated 26 Oct 2026

**$34M** raised across 3 rounds since 2015, from 3 sources

**$12M** Series A **$22M** Series C

- **Latest round:** Series C, $22M Apr 2019
- **Led by:** Mirae Asset-Naver Asia Growth Fund
- **Step-up i:** 1.8×
- **Investors:** 13 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016 2017 2018 2019

**?** Seed

**$12M** Series A

**$22M** Series C

- **First round:** Seed
- **Biggest round:** $22M
- **Usual gap between rounds:** 3.6 years

## The rounds

- **Apr 2019** Series C **$22M** *6 new* *3 returning* [Mirae Asset-Naver Asia Growth Fund](https://millionrounds.com/fund/mirae-asset-naver-asia-growth-fund) Lead [500 Global](https://millionrounds.com/fund/500-startups) [BEENEXT](https://millionrounds.com/fund/beenext) [Vertex](https://millionrounds.com/fund/vertex) [Line Ventures](https://millionrounds.com/fund/line-ventures) [SMDV](https://millionrounds.com/fund/sinar-mas-digital-ventures) [Grab Ventures](https://millionrounds.com/fund/grab-ventures) [Singha Ventures](https://millionrounds.com/fund/singha-ventures) [Samena Capital](https://millionrounds.com/fund/samena-capital) Reported by TechCrunch
- **Sept 2015** Series A **$12M** *5 new* *2 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [BEENEXT](https://millionrounds.com/fund/beenext) [Ardent Capital](https://millionrounds.com/fund/ardent-capital) [SMDV](https://millionrounds.com/fund/sinar-mas-digital-ventures) [Asia Venture Group](https://millionrounds.com/fund/asia-venture-group) From a historical funding record
- **Mar 2015** Seed **Amount undisclosed** *2 new* [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [Ardent Capital](https://millionrounds.com/fund/ardent-capital) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2015 **Series A** 2015 **Series C** 2019 [500 Global](https://millionrounds.com/fund/500-startups) [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) [BEENEXT](https://millionrounds.com/fund/beenext) [Ardent Capital](https://millionrounds.com/fund/ardent-capital) [SMDV](https://millionrounds.com/fund/sinar-mas-digital-ventures) [Mirae Asset-Naver Asia Growth Fund](https://millionrounds.com/fund/mirae-asset-naver-asia-growth-fund) L [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) [Vertex](https://millionrounds.com/fund/vertex) [Line Ventures](https://millionrounds.com/fund/line-ventures) [Grab Ventures](https://millionrounds.com/fund/grab-ventures)

## Everyone who backed them

[500 Global](https://millionrounds.com/fund/500-startups) Angel **2** rounds

[Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) VC firm **2** rounds

[BEENEXT](https://millionrounds.com/fund/beenext) VC firm **2** rounds

[Ardent Capital](https://millionrounds.com/fund/ardent-capital) VC firm **2** rounds

[SMDV](https://millionrounds.com/fund/sinar-mas-digital-ventures) VC firm **2** rounds

[Mirae Asset-Naver Asia Growth Fund](https://millionrounds.com/fund/mirae-asset-naver-asia-growth-fund) Growth equity **1** round, led 1

[Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) VC firm **1** round

[Vertex](https://millionrounds.com/fund/vertex) Hedge fund **1** round

[Line Ventures](https://millionrounds.com/fund/line-ventures) VC firm **1** round

[Grab Ventures](https://millionrounds.com/fund/grab-ventures) VC firm **1** round

[Asia Venture Group](https://millionrounds.com/fund/asia-venture-group) VC firm **1** round

[Singha Ventures](https://millionrounds.com/fund/singha-ventures) Corporate VC **1** round

[Samena Capital](https://millionrounds.com/fund/samena-capital) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=happyfresh).

## Also claim to have backed them

These 2 firms list HappyFresh as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) Corporate VC Per its own site

[Mars Growth Capital](https://millionrounds.com/fund/mars-growth-capital) VC firm Per its own site

## Quick answers about HappyFresh

### Who invested in HappyFresh?

HappyFresh's investors include 500 Global, Cherry Ventures, BEENEXT, Ardent Capital and SMDV, and 8 more on record. Mirae Asset-Naver Asia Growth Fund led its latest round.

### How much has HappyFresh raised?

HappyFresh has raised $34M across 3 rounds since 2015. One round did not disclose an amount, so the total is a floor.

### When did HappyFresh last raise?

HappyFresh's most recent round was a Series C of $22M in Apr 2019, led by Mirae Asset-Naver Asia Growth Fund.

### What was HappyFresh's biggest round?

Its most recent round, $22M in Apr 2019, is also its largest on record.

### Who backed HappyFresh first?

HappyFresh's first round on record, in Mar 2015, was backed by Cherry Ventures and Ardent Capital.

### What stage is HappyFresh at?

HappyFresh's latest named round is a Series C, in Apr 2019.

### Where is HappyFresh based?

HappyFresh is based in Indonesia.

### Who led HappyFresh's rounds?

Mirae Asset-Naver Asia Growth Fund led the Series C in 2019.

## Companies like HappyFresh

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