Sweetgreen

Food

Restaurants spotlight bowls and breakfast

Menu news of the week for Feb. 17, 2020

Financing

Sweetgreen has raised a ton of money

The fast-casual salad chain has raised nearly $480 million since 2009. RB’s The Bottom Line looks at the numbers.

The company raised $150 million and now says it is worth $1.6 billion. That puts the salad chain in rarified air, says RB's The Bottom Line.

The fast-casual chain’s acquisition will give it access to the company’s insight into delivery and high-volume production.

The benefit is available to any full- or part-timer who has logged at least six months on the job.

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

The pioneer of cashless payments says the benefits are outweighed by the exclusion of some customers.

The decision comes as more jurisdictions are eyeing bans on cashless establishments, saying they discriminate against low-income consumers.

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