Feeling lazy and strapped for time, but still want a home cooked meal? There's a number of startups to help you make dinner, but only one is now worth $2 billion.
Blue Apron, a company that makes cooking easy by sending you perfect portions of ingredients in a box with a recipe, announced Tuesday that it has raised a $135 million Series D round. The funding values the company at a whopping $2 billion, a company spokesperson said.
The new funding was led by Fidelity Management and Research Company with participation from existing investors.
This makes Blue Apron the latest member of a growing number of companies called "unicorns"--privately held companies with valuations of $1 billion or more. They're called unicorns because they used to be rare, but today there's more than 100 of them.
With Blue Apron, you can elect to receive 3 meals a week, in portions designed to serve 2, 4, or 6 people. Once a week, you receive your big box of premeasured ingredients, along with a recipe card that tells you how to make each meal.
Blue Apron charges about $10 a meal, and CEO Matt Salzberg tells Business Insider that Blue Apron is selling more than 3 million meals every month. In the past six months, Blue Apron says, it's tripled in size. Salzberg says Blue Apron has over 1800 employees and "hundreds of thousands" of customers.
Since its 2012 founding, Blue Apron has raised nearly $200 million from investors including BoxGroup, Bessemer Venture Partners, Stripes Group, and First Round. The new funding, Salzberg tells us, will be used for investing in Blue Apron's supply chain and farming and fulfillment relationships.
--This story first appeared on Business Insider.