American food delivery startup ‘Blue Apron’ has raised a funding of $135 million in series D round. The funding has been led by Fidelity investments along with participation from existing investors.
The newly acquired funding will be used to invest in suppliers and fulfillment operations to boost its delivery abilities all over America.
Blue Apron is a company that packages perfectly portioned ingredients and recipes that are delivered to your home once a week. The company charges about $10/meal, and claims to be selling 3 million meals per month.
The company was founded in 2012, and has raised $193 million till date. The new funding has valued the company at $2 billion, according to Mashable.
The news comes within a week of Delivery Hero’s (another food delivery firm) funding which raised $110 million.Category Investments Startups