Meal delivery service company Kettlebell Kitchen has secured a $26.7m Series B growth equity funding led by private equity firm North Castle Partners.
Established in 2013, Kettlebell Kitchen offers prepared meals and custom meal plans to a wide range of gym partners through convenient pick-up locations and direct-to-door delivery services across the US.
Go deeper with GlobalData
The meal delivery firm assists customers to achieve their fitness, nutrition, sports performance and weight loss goals.
The company will use the funding to support its growth and enhance customer experiences through additional meal plans.
Kettlebell Kitchen’s president and co-founder Greg Grossman said: “We look forward to leveraging the firm’s knowledge, experience and strong network of nutrition and fitness industry experts on our mission to functionally enhance our customers’ lives through high-quality, goal-focused meal plans and nutrition.
“We believe North Castle’s vast network across the weight loss, nutrition and fitness industries will be an invaluable resource as we continue our rapid growth trajectory.
“It has been a pleasure working with the North Castle team thus far, and we are excited for an incredible partnership.”
Consumer and retail investment bank Consensus Advisors served as the investment banker for the deal, while The Giannuzzi Group provided legal counsel to Kettlebell Kitchen. Morrison Cohen acted as legal counsel to North Castle Partners.
Kettlebell Kitchen calculates and recommends meal plans to customers by leveraging customer demographics, activity and dietary preference information. The company launched its delivery service across the US last year and opened a facility in Los Angeles, California.
