Total amount raised
$951 Million
Latest funding date
2024-09-19
Location
Chewy has successfully raised significant funding over multiple rounds, establishing itself as a key player in the pet supplies market. The platform offers a wide range of products and services for various types of pets, catering to the diverse needs of pet owners.
Keep reading to explore the intricacies of Chewy's fundraising journey and the investors backing this innovative platform.
What Is Chewy?
Chewy is an online retailer specializing in pet supplies and food, catering to a wide range of pet owners. The company offers products for various types of pets, including dogs, cats, horses, wild birds, chickens, livestock, small animals, pet birds, fish, reptiles, and amphibians.
Chewy operates in the pet supplies and food retail industry, providing services like Autoship for discounts, 24/7 customer care, veterinary services, and pet insurance. The company also supports the community through donations to rescue animal centers and facilitating pet adoptions.
How Much Funding Has Chewy Raised?
- Series A
- Amount Raised: USD 15,000,000
- Date: October 2013
- Lead Investors: Volition Capital
- Series B
- Amount Raised: USD 30,000,000
- Date: April 2014
- Lead Investors: Greenspring Associates
- Series C
- Amount Raised: USD 41,000,000
- Date: August 2014
- Lead Investors: New Horizons Venture Capital
- Series D
- Amount Raised: USD 75,000,000
- Date: October 2015
- Lead Investors: Verlinvest
- Series E
- Amount Raised: USD 75,000,000
- Date: April 2016
- Lead Investors: BlackRock
- Debt Financing
- Amount Raised: USD 90,000,000
- Date: February 2017
- Lead Investors: Wells Fargo Capital Finance
- Series F
- Amount Raised: USD 125,000,000
- Date: April 2017
- Lead Investors: Lone Pine Capital
- Post-IPO Secondary
- Amount Raised: USD 500,000,010
- Date: September 2024
Chewy has raised a total of USD 951,000,010 over multiple funding rounds.
Key Investors
- Lone Pine Capital
- Details: Lone Pine Capital is a private investment firm founded by Stephen Mandel in 1997. The firm is known for its long/short equity strategy and has a significant presence in the hedge fund industry.
- Investment Focus Areas: Technology, consumer goods, healthcare.
- Notable Investments: Amazon, Alphabet, Microsoft.
- Wells Fargo Capital Finance
- Details: Wells Fargo Capital Finance is a division of Wells Fargo & Company, providing comprehensive asset-based lending and senior secured financing solutions. They support businesses across various industries with tailored financial services.
- Investment Focus Areas: Asset-based lending, commercial finance, corporate banking.
- Notable Investments: Not publicly disclosed.
- BlackRock
- Details: BlackRock is a global investment management corporation founded in 1988. It is one of the world's largest asset managers, offering a range of investment and technology services.
- Investment Focus Areas: Equities, fixed income, real estate.
- Notable Investments: Apple, Microsoft, Amazon.
- Verlinvest
- Details: Verlinvest is a family-owned, consumer-focused investment firm based in Brussels. They specialize in growth capital investments in consumer brands and digital platforms.
- Investment Focus Areas: Consumer goods, digital platforms, healthcare.
- Notable Investments: Oatly, Vita Coco, Hint.
- New Horizons Venture Capital
- Details: New Horizons Venture Capital is a venture capital firm that invests in early to growth-stage companies. They focus on innovative businesses with high growth potential.
- Investment Focus Areas: Technology, healthcare, consumer services.
- Notable Investments: Not publicly disclosed.
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