# Sweetgreen funding: rounds and investors

> Sweetgreen has raised $426M across 5 rounds since 2013. Investors include Steve Case, Ted Leonsis and Revolution LLC. Every round with its source.

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

United States · [Growth startup](https://millionrounds.com/companies)

# Who invested in *Sweetgreen*

5 rounds we have observed, with the 14 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

**$426M** raised across 5 rounds since 2013, from 6 sources

**$22M** Series A **$19M** Series E **$35M** Series F **$200M** Round **$150M** Growth

- **Latest round:** Growth, $150M Sept 2019
- **Led by:** D1 Capital Partners and Lone Pine Capital
- **Biggest round:** $200M Round · Nov 2018
- **Investors:** 14 (2 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.

2014 2015 2016 2017 2018 2019

**$22M** Series A

**$19M** Series E

**$35M** Series F

**$200M** Round

**$150M** Growth

- **First round:** Series A, $22M
- **Biggest round:** $200M
- **Usual gap between rounds:** 12 months

## The rounds

- **Sept 2019** Growth **$150M** *3 new* [D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners) Lead [Lone Pine Capital](https://millionrounds.com/fund/lone-pine-capital) Lead [True Ventures](https://millionrounds.com/fund/true-ventures-2) Reported by Firms' own news pages and 1 other
- **Nov 2018** Round **$200M** *1 new* [Fidelity](https://millionrounds.com/fund/fidelity) Reported by FinSMEs
- **Jul 2015** Series F **$35M** *1 new* *3 returning* [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) [Steve Case](https://millionrounds.com/fund/steve-case) [Ted Leonsis](https://millionrounds.com/fund/ted-leonsis) [Revolution LLC](https://millionrounds.com/fund/revolution-llc) From a historical funding record SEC filing: $35M sold, first sale Jun 2015
- **Nov 2014** Series E **$19M** *2 new* [Red Sea Ventures](https://millionrounds.com/fund/red-sea-ventures) [Revolution LLC](https://millionrounds.com/fund/revolution-llc) From a historical funding record SEC filing: $13M sold, first sale Nov 2014
- **Dec 2013** Series A **$22M** *7 new* [Cota Capital](https://millionrounds.com/fund/cota-capital) [Revolution](https://millionrounds.com/fund/revolution) [Signatures Capital](https://millionrounds.com/fund/signatures-capital) [Steve Case](https://millionrounds.com/fund/steve-case) [Vast Ventures](https://millionrounds.com/fund/vast-ventures) [Ted Leonsis](https://millionrounds.com/fund/ted-leonsis) Donn Davis Reported by techcrunch.com SEC filing: $22M sold, first sale Dec 2013

## Founders and team

From the SEC filings it signed: 5 on the team.

- **Jonathan Neman** Executive Officer, Director, Promoter i
- **Karen Kelley** Executive Officer i
- **Mitch Reback** Executive Officer i
- **Nathaniel Ru** Executive Officer, Director, Promoter i
- **Nicolas Jammet** Executive Officer, Director, Promoter i

On the board, as filed i *Gary Hirshberg* *Mike Hislop* *Scott Belsky* *Steve Case*

## 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.

**Series A** 2013 **Series E** 2014 **Series F** 2015 **Round** 2018 **Growth** 2019 [Steve Case](https://millionrounds.com/fund/steve-case) [Ted Leonsis](https://millionrounds.com/fund/ted-leonsis) [Revolution LLC](https://millionrounds.com/fund/revolution-llc) [D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners) L [Lone Pine Capital](https://millionrounds.com/fund/lone-pine-capital) L [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Fidelity](https://millionrounds.com/fund/fidelity) [Cota Capital](https://millionrounds.com/fund/cota-capital) [Revolution](https://millionrounds.com/fund/revolution) [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price)

## Everyone who backed them

[Steve Case](https://millionrounds.com/fund/steve-case) VC firm **2** rounds

[Ted Leonsis](https://millionrounds.com/fund/ted-leonsis) VC firm **2** rounds

[Revolution LLC](https://millionrounds.com/fund/revolution-llc) Growth equity **2** rounds

[D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners) Hedge fund **1** round, led 1

[Lone Pine Capital](https://millionrounds.com/fund/lone-pine-capital) Private equity **1** round, led 1

[True Ventures](https://millionrounds.com/fund/true-ventures-2) VC firm **1** round

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round

[Cota Capital](https://millionrounds.com/fund/cota-capital) VC firm **1** round

[Revolution](https://millionrounds.com/fund/revolution) VC firm **1** round

[T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) Private equity **1** round

[Signatures Capital](https://millionrounds.com/fund/signatures-capital) VC firm **1** round

[Red Sea Ventures](https://millionrounds.com/fund/red-sea-ventures) VC firm **1** round

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

Donn Davis no record of our own yet **1** round

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

## Also claim to have backed them

These 18 firms list Sweetgreen 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.

[Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm Per its own site

[Maveron](https://millionrounds.com/fund/maveron) VC firm Per its own site

[True Ventures](https://millionrounds.com/fund/true-ventures) VC firm Per its own site

[Torch Capital](https://millionrounds.com/fund/torch-capital) VC firm Per its own site

[Steve Martocci](https://millionrounds.com/fund/steve-martocci) Angel Per its own site

[HighSage Ventures](https://millionrounds.com/fund/highsage-ventures) VC firm Per its own site

[Reshape](https://millionrounds.com/fund/reshape-ventures) VC firm Per its own site

[Stratus Ventures](https://millionrounds.com/fund/stratus-ventures) VC firm Per its own site

[Warren Capital Group](https://millionrounds.com/fund/warren-capital-group) Wealth manager Per its own site

[Accipital](https://millionrounds.com/fund/accipital) Private equity Per its own site

[Alloway Ventures](https://millionrounds.com/fund/alloway-ventures) VC firm Per its own site

[Blue 9 Capital](https://millionrounds.com/fund/blue-9-capital) Family office Per its own site

[Bolour Group](https://millionrounds.com/fund/bolour-group) Investment firm Per its own site

[Corstone Capital](https://millionrounds.com/fund/corstone-capital) Investment firm Per its own site

[LDR Ventures](https://millionrounds.com/fund/ldr-ventures) Family office Per its own site

[Magellan](https://millionrounds.com/fund/magellan) Venture studio Per its own site

[Next Round Capital Partners](https://millionrounds.com/fund/next-round-capital-partners) VC firm Per its own site

[Zenith Capital](https://millionrounds.com/fund/zenith-capital) VC firm Per its own site

## Quick answers about Sweetgreen

### Who invested in Sweetgreen?

Sweetgreen's investors include Steve Case, Ted Leonsis, Revolution LLC, D1 Capital Partners and Lone Pine Capital, and 9 more on record. D1 Capital Partners led its latest round.

### How much has Sweetgreen raised?

Sweetgreen has raised $426M across 5 rounds since 2013.

### When did Sweetgreen last raise?

Sweetgreen's most recent round was a Growth of $150M in Sept 2019, led by D1 Capital Partners.

### What was Sweetgreen's biggest round?

Sweetgreen's largest round on record is $200M (Undisclosed round), in Nov 2018.

### Who backed Sweetgreen first?

Sweetgreen's first round on record, in Dec 2013, was backed by Cota Capital, Revolution and Signatures Capital and 4 others.

### What stage is Sweetgreen at?

Sweetgreen's latest named round is a Growth, in Sept 2019.

### Where is Sweetgreen based?

Sweetgreen is based in the United States.

### Who led Sweetgreen's rounds?

D1 Capital Partners led the Growth in 2019.

## Companies like Sweetgreen

In the same sector, and raised in the last eighteen months.

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