In December, the fast-casual, customizable stir-fry concept announced it had raised an additional $18 million in funding, bringing its lifetime total to $70 million. A portion of the latest cash infusion will be used to expand Honeygrow’s small-footprint offshoot, Minigrow. Some will also be used to provide tech upgrades and develop a combined loyalty app for the two concepts.

2017 Systemwide Sales ($000)$39*
YOY Sales Change96.0%
2017 U.S. Units26
YOY Unit Change73.3%
2017 Average Unit Volume ($000)$1,800*
Future 50 Year2018
FranchisingNo
*Technomic estimate

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