London, UK-based Gousto announced today it has raised another £33 million (~$41 million USD) for its meal kit subscription service, according to a press release sent to The Spoon. The round was led by Perwyn, with participation from BGF Ventures, MMC Ventures and online fitness guru Joe Wicks. It brings Gousto’s total funding to $179 million.
The new funds will go towards further developing Gousto’s technology, which is a huge component of both its customer interface and back-end logistics. On the consumer-facing side, Gousto uses an AI-powered personalization tool to recommend the most relevant meals to customers, who can select from over 50 recipes each week. Customers can choose a 2-person box or a family-size box, with recipes ranging from around $30 to $60, depending on the size of the box. According to the press release, Gousto currently delivers over 4 million meals to 380,000 U.K. households each month.
Behind the scenes, Gousto uses AI to automate parts of its supply chain and optimize overall logistics. The company also plans to launch a Next Day delivery service and build out its tech team over the coming months.
If fundraising and headcount growth sounds a little out of place in today’s troubled economic times, remember that Gousto is a meal kit company whose primary goal is to serve people in their homes. The UK, where the service is available, is currently on lockdown in response to coronavirus that’s set to be extended until early May. That makes for a plenty of potential customers where a service like Gousto is concerned. The company told TechCrunch that demand for its business “has spiked upward” in recent weeks. In particular, Gousto has seen a 28 percent increase in family-style boxes.
All that said, if you’re hoping to become a new Gousto customer, you’ll have to wait. A note on the Gousto website says the company is not accepting orders from new customers at this time, due to “extremely high demand.” There’s no word of how long that will last. Presumably, the new funding round and corresponding plans to increase headcount and tech development will help Gousto better reach the high demand for meal kits that will be around for some time.