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$2 billion meal-delivery service Blue Apron just filed to go public

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$2 billion meal-delivery service Blue Apron just filed to go public

blue apron

Blue Apron

Meal-delivery service Blue Apron has filed an S-1 to go public, and we’re getting a detailed look at its financials for the first time.

The company has posted losses, and says in the filing that it anticipates it will continue to do so.

“We have a history of losses, and we may be unable to achieve or sustain profitability,” the company says in its S1.

It’s losses have grown year-over year too:

2014: Lost $30.8 million

2015: Lost $47 million

2016: Lost $54.9 million

Revenues have been growing year-over-year, however. Here’s what the last few years looked like in revenue growth:

2014: $77 million

2015: $340 million

2016: $795 million 

Blue Apron has raised nearly $194 million in funding.

We’re digging through the documents now. Refresh this post for the latest.

Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.



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