Gousto, a trading name of SCA Investments Limited, is a British
meal kit retailer, headquartered in
Shepherd's Bush,
London, founded by Timo Boldt and James Carter.[4] Gousto supplies subscribers with recipe kit boxes which include ready-measured, fresh ingredients and easily followed recipes.[5]
History
In August 2013, Gousto's co-founders appeared on the
BBC's
Dragons' Den.[6]
In October 2016, Gousto's co-founder Timo Boldt was awarded IGD's 'Young Entrepreneur of the Year' award.[11]
In January 2019, Gousto raised £18m in funding from
Unilever Ventures, Hargreave Hale, MMC Ventures, the Angel CoFund, and fitness coach
Joe Wicks.[12][13]
In July 2019, Gousto raised £30m in funding from private equity firm Perwyn.[14]
In February 2020, Gousto partnered with UK-based
The Meatless Farm Company to build upon Gousto's objective of tapping into the growing audience of vegan and other consumers looking to reduce their meat consumption.[15]
In April 2020, Gousto raised £33m in funding from Perwyn, BGF Ventures, and MMC Ventures, and Joe Wicks.[16][17][18]
When Gousto raised funds in February 2023, it did so at a valuation of less than £250m, representing a decrease of about 80% from its valuation of £1.4bn in 2022.[19]
Recognition
The company won Retail Business of the Year at the 2015 Startups awards,[20] the Angel-VC Deal of the Year at the 2015 UK Business Angels Association Awards,[21] the Young Entrepreneur of the Year award (CEO and founder, Timo Boldt) at the 2014 Great British Entrepreneur Awards,[22] and the Everline Future50 at the 2014 Real Business Awards.[23]