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Several NBA, NFL Players Invest In Catering Company Hungry’s Series C1 Funding Round

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Several professional athletes recently participated in a $10 million Series C1 funding round for Hungry, a food technology startup that primarily partners with chefs and restaurants to cater corporate dining and events.

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Portland Trail Blazers guard Anfernee Simons, Seattle Seahawks linebacker Bobby Wagner, Baltimore Ravens linebacker Roquan Smith and Houston Texans tackle Laremy Tunsil were among the round’s investors. They joined other athletes and celebrities such as free agent football players DeAndre Hopkins and Ndamukong Suh, Chicago Bulls guard Lonzo Ball, actor Kevin Hart and rapper Jay-Z’s Marcy Venture Partners who previously invested in Hungry.

Grass claimed the Series C1 is “the last funding round we’ll ever need” as long as the company can achieve its goal of becoming profitable for the first time by the end of the year. He added that Hungry is hoping to go public late next year or in early 2025.“Given the broader environment, we were happy with ,” Jeff Grass, Hungry’s chief executive and co-founder, said in an interview. “I keep hearing step ups in valuations right now are almost unheard of.

Today, Hungry is in 13 cities: Austin, Texas; Atlanta; Boston; Chicago; Dallas; Los Angeles; New York City; Oakland, Calif.; Philadelphia; Salt Lake City; San Francisco; Santa Clara, Calif.; and Washington, D.C.

 

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