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HelloFresh

“Can a global meal-kit subscription brand achieve durable unit economics through scale, personalization, and efficient payment infrastructure?”

Founded2011
HQBerlin, Germany
Total raised~$1.4B+ (pre-IPO)
Latest roundIPO on Frankfurt Stock Exchange, 2017
IndustryE-commerce / DTC brand
The story

Founded in 2011 in Berlin, HelloFresh launched as a subscription meal-kit delivery company targeting home cooks. Backed heavily by Rocket Internet, it expanded rapidly across Europe and North America before going public in Germany in 2017. The company's embedded finance footprint is relatively thin — its primary financial infrastructure is centered on subscription payment processing via Adyen rather than building broader financial products for customers or third parties.

Last 12 months
—
Product timeline
2011
HelloFresh founded in Berlin as a meal-kit delivery subscription service.· pivot
2015
Raised $149M Series E led by Rocket Internet, expanding globally.· banking
2017
IPO on Frankfurt Stock Exchange, raising approximately $350M.· ipo
The stack
1 layer disclosed in HelloFresh’s embedded-finance stack
Payments / PSP
Adyen
Accounting gap: none

HelloFresh — frequently asked

Who is HelloFresh's payment processor?

HelloFresh processes payments through Adyen.

Where is HelloFresh headquartered?

HelloFresh is founded in 2011 and headquartered in Berlin, Germany.

How much funding has HelloFresh raised?

HelloFresh has raised ~$1.4B+ (pre-IPO) in total (latest round: IPO on Frankfurt Stock Exchange, 2017).

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