What is Allplants?
Founded in 2016 and headquartered in London, UK, Allplants is dedicated to making plant-based living more accessible and appealing through its delicious vegan meal delivery service. The company distinguishes itself with a strong commitment to sustainability, utilizing packaging that is 100% recyclable, partly compostable, and largely reusable. Allplants aims to inspire a shift towards plant-based diets, fostering benefits for both individuals and the planet.
How much funding has Allplants raised?
Allplants has raised a total of $61.9M across 4 funding rounds:
Series A
$5.3M
Angel/Seed
$2.6M
Other Financing Round
$2M
Series B
$52M
Series A (2018): $5.3M, investors not publicly disclosed
Angel/Seed (2020): $2.6M, investors not publicly disclosed
Other Financing Round (2020): $2M supported by Simon Nixon, Amit Gudkha, Anne-Maire Huby, and Felix Capital
Series B (2021): $52M featuring Draper Esprit, Chris Smalling, The Craftory, Kieran Gibbs, TriplePoint Venture Growth BDC, and Cassandra Stavrou
Key Investors in Allplants
Draper Esprit
Draper Esprit, founded in 2006 and headquartered in London, UK, is a venture capital firm, with offices in London, Cambridge, and Dublin. Investing in high-growth technology companies with global ambitions.
The Craftory
The Craftory is a consumer venture capital fund based in London and San Francisco, focusing on investing in consumer brands that have a positive social impact. With a portfolio of responsible consumer packaged goods (CPG) brands, they provide growth capital and support to visionary entrepreneurs aiming to drive positive change.
TriplePoint Venture Growth BDC
The Company was formed to expand the venture growth stage business segment of TriplePoint Capital LLC, the leading global provider of financing across all stages of development to technology, life sciences and other high growth companies backed by a select group of venture capital firms.
What's next for Allplants?
The substantial enterprise-level funding and recent strategic investment signal a period of accelerated growth and market expansion for Allplants. This capital infusion is likely to be directed towards enhancing operational capacity, broadening the product range, and strengthening marketing efforts to capture a larger share of the burgeoning vegan food market. The company's focus on sustainability and plant-based living positions it favorably to capitalize on evolving consumer preferences and environmental consciousness.
See full Allplants company page
