Factor_
Company

Last deal

Amount

Series B

Stage

01.07.2020

Date

3

all rounds

$2.95M

Total amount

date founded

Financing round

General

About Company
Factor is a subscription-based service that delivers dietitian-designed, chef-crafted meals.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Factor 75

founded date

01.01.2013

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

Factor is a meal delivery service that offers fresh, ready-to-eat meals with a focus on health and wellness. Their rotating menu features a variety of options for breakfast, lunch, and dinner, including keto, Paleo, low-carb, vegetarian, plant-based, and high protein meals. All meals are free of hormones, antibiotics, gluten, refined sugars, and GMOs, and can be heated in the microwave or oven and are ready in minutes. Factor is supported by leading consumer investors and their meals are designed by a team of nutritionists and chefs to provide an optimal combination of nourishment and taste.
Contacts

Contact Email

Phone number

Social url

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M&A Details
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Transaction name

Acquired by

HelloFresh

announced date

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price

$277M

Financials

Funding Rounds
8
3

Number of Funding Rounds

$2.95M

Money Raised

Their latest funding was raised on 01.07.2020. Their latest investor Listen. Their latest round Series B

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Marcy Venture Partners

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Co-Investors
Investors
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Number of investors

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Venture - Series Unknown
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Robb McLarty

Robb McLarty

Investing in technology since 2002. Principal and Investment Committee Member, NGEN Partners 2007-2013: Invested ~25% of NGEN’s $250mm Fund III, focusing on digitally enabled energy and resource companies, including Pure Energies (acquired by NRG in 2014), Soraa, Choose Energy, REGEN Energy and Adura Technologies (acquired by Acuity in 2012). Technology Analyst, Ziff Brothers Investments 2003-2006: ZBI is a multi-billion dollar private investment firm. Reporting to the Chief Investment Strategist, Mr. McLarty researched and recommended long-term investment opportunities related to all things high tech and energy tech. Associate, IBM Venture Capital 2002 5 years digital product development with global deployments 1999-2001: 7th employee at Bill-Me-Later, acquired by eBay in 2008. 1996-1999: telecom and Internet software development at Bell Northern Research. M.B.A. Yale School of Management | B.Sc.E. Electrical Engineering, Queen’s University, Canada

current job

Farwest Ventures
Farwest Ventures

People

Founders
2
Nick Wernimont
Nick Wernimont

Nick Wernimont

current job

Factor_
Factor_

organization founded

1

Nick Wernimont

Mike Apostal
Mike Apostal

Mike Apostal

Mike Apostal is the Co-Founder, President, Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer of Factor 75.

current job

Factor_
Factor_

organization founded

1

Mike Apostal

Employee Profiles
9
Kal (Michael) Walkden

Kal (Michael) Walkden

Vice President Of Engineering

Lucas Erickson

Lucas Erickson

Vice President of Strategy, Growth & Innovation

Charlie Hart

Chief Marketing Officer

James Gardikas

James Gardikas

Director of Content Marketing

Mike Apostal

Mike Apostal

CEO, Founder, President, COO, CFO

Matt Wilkinson

Matt Wilkinson

VP of Operations

Nick Wernimont

Nick Wernimont

CEO/Founder & Chief Health & Wellness Strategist

Jeff Vandeveer

Vice president finance and controller

Activity

Recent News
5
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

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