Tech Company Financing Transactions
Soylent Funding Round
On 1/14/2015, Soylent announced $20 million in investment from Andreessen Horowitz, Index Ventures and Lerer Hippeau.
Transaction Overview
Company Name
Announced On
1/14/2015
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
With this funding, our team will have the opportunity to accomplish many of our short and long-term business goals. First and foremost, we will be significantly expanding our manufacturing and shipping capabilities. This process has already begun with two new manufacturers that will ramp up our production to more than fifty times its previous rate allowing us to vigorously tackle our order backlog while working toward imminent real-time shipping fulfillment.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
637 Natoma St. 7
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Overview
We're not just too busy to cook and clean up. In Rhinehart's view, the act of eating is a task that technology can make more efficient--or eliminate entirely. It also reflects fears about scarce resources: the worry that we may not have enough food, or the infrastructure to distribute it, to feed Earth's growing population reliably.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rob Rhinehart
Chief Operating Officer
Matt Cauble
Chief Technical Officer
John Coogan
VP - Bus. Development
David Renteln
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