Guild Capital made a follow-on investment into Home Chef’s recent round of financing, completing the two-tranche Series A round of over $10MM. The deal was officially closed on March 31.
Founded in June 2013 by CEO Pat Vihtelic, Home Chef is a subscription commerce company revolutionizing the home cooking experience by delivering complete meal kits to subscribers each week. The company is headquartered in Chicago, and recently announced geographic expansion to new locations on both the East and West coasts. The opening of a second distribution center in Los Angeles allows Home Chef to ship its meal kits all over California, Utah, Arizona, and some areas of New Mexico and Idaho.
Home Chef was invested in and incubated by Guild in 2014. Guild is the first institution to invest in the Chicago-based company.