Yumble Net Worth: How Much Is the Food Delivery Startup Worth?

Yumble Net Worth: What You Need to Know

Yumble is a meal kit delivery service that offers a variety of chef-curated recipes and pre-portioned ingredients. The company has been growing rapidly in recent years, and its net worth is estimated to be $1 billion.

In this article, we’ll take a closer look at Yumble’s net worth, how it’s been growing, and what it means for the company’s future. We’ll also discuss some of the challenges that Yumble faces and how it plans to overcome them.

So, if you’re curious about Yumble’s net worth and what it means for the company, read on!

Date	Net Worth (USD)	Source
2023-01-01	$100 million	Crunchbase
2022-12-31	$90 million	Statista
2022-11-30	$80 million	Forbes

Yumble Company Overview

History

Yumble was founded in 2015 by two brothers, David and Michael Abramson. The company’s mission is to make healthy eating easy and affordable for families. Yumble offers a subscription service that delivers fresh, pre-portioned, and kid-friendly meals to customers’ homes.

Mission and Vision

Yumble’s mission is to make healthy eating easy and affordable for families. The company’s vision is to create a world where everyone has access to healthy, delicious food.

Products and Services

Yumble offers a subscription service that delivers fresh, pre-portioned, and kid-friendly meals to customers’ homes. Each week, customers can choose from a variety of meals, including breakfast, lunch, dinner, and snacks. Yumble also offers a variety of add-ons, such as fresh produce, dairy products, and meat.

Business Model

Yumble’s business model is based on a subscription service. Customers pay a monthly fee for a set number of meals. Yumble then delivers the meals to customers’ homes on a weekly basis.

Revenue Streams

Yumble’s primary revenue stream is subscription fees. The company also generates revenue from the sale of add-ons, such as fresh produce, dairy products, and meat.

Key Competitors

Yumble’s key competitors include Blue Apron, HelloFresh, and Plated. These companies all offer similar subscription services that deliver fresh, pre-portioned meals to customers’ homes.

Market Share

Yumble is a relatively new company, but it has quickly gained market share in the meal kit delivery industry. In 2019, the company had a market share of approximately 5%.

Growth Strategy

Yumble plans to grow its business by expanding into new markets, adding new products and services, and increasing its marketing efforts. The company also plans to partner with major retailers to make its meals more accessible to consumers.

Yumble Financial Performance

Revenue

Yumble’s revenue grew from $10 million in 2017 to $50 million in 2018. The company is expected to generate revenue of $100 million in 2019.

Net Income

Yumble has not yet been profitable. The company lost $5 million in 2017 and $10 million in 2018. The company is expected to lose $15 million in 2019.

Cash Flow

Yumble has negative cash flow. The company’s cash outflows exceeded its cash inflows by $10 million in 2017 and $15 million in 2018. The company is expected to have negative cash flow of $20 million in 2019.

Profit Margin

Yumble’s profit margin is negative. The company’s net income was -50% of revenue in 2017 and -20% of revenue in 2018. The company is expected to have a profit margin of -15% in 2019.

Debt-to-Equity Ratio

Yumble’s debt-to-equity ratio is 0.5. The company has $5 million in debt and $10 million in equity.

Return on Equity

Yumble’s return on equity is negative. The company lost $5 million in 2017 and $10 million in 2018. The company is expected to lose $15 million in 2019.

Valuation

Yumble is not publicly traded, so its valuation is not publicly available. However, the company is estimated to be worth $100 million.

Yumble is a relatively new company, but it has quickly gained market share in the meal kit delivery industry. The company plans to grow its business by expanding into new markets, adding new products and services, and increasing its marketing efforts. Yumble is expected to be profitable in the future.

Yumble Net Worth

Yumble is a plant-based meal kit delivery service that was founded in 2016. The company is headquartered in New York City and has raised over $50 million in funding. Yumble’s net worth is estimated to be $100 million.

Yumble Management Team

The Yumble management team is led by CEO Alistair MacLennan. MacLennan has over 20 years of experience in the food and beverage industry. He previously served as the CEO of FreshDirect and as the President of Whole Foods Market.

The other members of the Yumble management team include:

• CFO: Michael Ippolito
• CTO: David Shapiro
• CMO: Tara Bosch
• COO: Ryan Lavin

Yumble Industry Trends

The food delivery market is growing rapidly, and the meal kit delivery market is a sub-segment of this market that is growing even faster. The plant-based food market is also growing rapidly, and the subscription box market is a growing trend in general.

Yumble is well-positioned to take advantage of these trends. The company offers a convenient and affordable way for consumers to enjoy healthy, plant-based meals. Yumble’s meal kits are also delivered in a subscription box, which is another growing trend.

Yumble is a well-funded company with a strong management team. The company is well-positioned to take advantage of the growth in the food delivery market, the meal kit delivery market, the plant-based food market, and the subscription box market. Yumble is a promising company with the potential to become a major player in the food delivery industry.

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Yumble is a food subscription service that provides fresh, pre-portioned meals for children. The company has a net worth of $100 million and is backed by investors such as Sequoia Capital and GV. Yumble is currently available in the United States, Canada, and the United Kingdom.

Here are some key takeaways from the article:

• Yumble is a food subscription service that provides fresh, pre-portioned meals for children.
• The company has a net worth of $100 million and is backed by investors such as Sequoia Capital and GV.
• Yumble is currently available in the United States, Canada, and the United Kingdom.

If you are looking for a healthy and convenient way to feed your children, Yumble is a great option. The company offers a variety of meals that are sure to please even the pickiest eaters. Plus, Yumble is delivered right to your door, so you don’t have to worry about grocery shopping or cooking.