How Much Did Chicory Raise?
Funding & Key Investors

Chicory, a prominent player in the digital grocery landscape, has successfully secured significant capital to bolster its market position. The company's financial trajectory reflects a robust growth phase, culminating in a $1.2M injection as part of a major strategic investment. This latest infusion brings the firm's cumulative backing to $1.2M, underscoring investor confidence in its unique shoppable recipe network and advertising platform.

The capital deployment follows a clear growth trajectory, starting from its initial acceleration phase in 2014 and expanding into a comprehensive enterprise-level operation. By bridging the gap between recipe discovery and retail fulfillment, Chicory has established itself as a critical infrastructure provider for food brands and grocery retailers alike.

What is Chicory?

Chicory
Business ServicesSoftware TestingAdvertising Networks

Headquartered in New York City, Chicory specializes in creating seamless digital grocery experiences. The company gained industry recognition with its proprietary Get Ingredients button, which enables consumers to purchase recipe components directly from online retailers. Since its inception, the platform has scaled to include over 1,000 recipe partners, reaching approximately 80 million unique monthly users. Beyond its consumer-facing tools, Chicory operates a sophisticated advertising platform that allows CPG brands to target consumers precisely when they are in-market for grocery products. This dual-sided model—serving both the retail ecosystem and brand advertisers—positions Chicory as a pivotal entity in the future of digital food commerce.

How much funding has Chicory raised?

Chicory has raised a total of $1.2M across 2 funding rounds:

2014

Other Financing Round

$40K

2015

Other Financing Round

$1.2M

Other Financing Round (2014): $40K with participation from Entrepreneurs Roundtable Accelerator

Other Financing Round (2015): $1.2M led by Kernel Capital, Corigin Ventures, Entrepreneurs Roundtable Accelerator, and Structure Capital

Key Investors in Chicory

Kernel Capital

Kernel Capital is a venture capital and private equity firm that specializes in investing in growth stage and early stage companies, providing both capital and strategic guidance to drive value creation.

Corigin Ventures

Corigin is a leading real estate and venture capital investment firm based in New York City, focused on uncovering impactful value through operational efficiency and technological innovation.

Entrepreneurs Roundtable Accelerator

Entrepreneurs Roundtable Accelerator is a prominent early-stage fund and technology accelerator in New York City that supports startups through mentorship and strategic follow-on funding.

What's next for Chicory?

With the support of its latest strategic financing, Chicory is well-positioned to deepen its integration within the retail technology sector. The company is expected to leverage this capital to enhance its data analytics capabilities, allowing for more granular consumer insights and improved advertising performance for its partners. As the digital grocery market continues to mature, Chicory's focus will likely shift toward expanding its retail network and refining its shoppable technology to accommodate the evolving demands of omnichannel grocery shopping. By maintaining its commitment to innovation, the firm aims to solidify its role as the primary conduit between digital recipe content and physical retail fulfillment.

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Frequently Asked Questions Regarding Chicory Financial Insights

What are the most recent funding rounds that Chicory has completed, and what were the funding rounds?
Chicory has recently completed 2 funding rounds: Other Financing Round on Jan 26, 2015, Other Financing Round on Jun 2, 2014.
What is the total amount of funding Chicory has raised to date?
Chicory has raised a total of $1.2M in funding to date.
How many funding rounds has Chicory completed?
Chicory has completed 2 funding rounds.
How much funding did Chicory raise in its most recent funding round?
Chicory raised $1.2M in its most recent funding round.
Who are the lead investors in Chicory's latest funding round?
The lead investor in Chicory's latest funding round was Kernel Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Chicory's history?
The largest funding round in Chicory's history was $1.2M.
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