Diet Chef
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Diet Chef - overview
Established
1998
Location
Newbridge, lothian, UK
Primary Industry
Logistics & Distribution
About
Diet Chef is a UK-based meal delivery service specializing in chef-prepared, calorie-controlled meals, designed to assist customers in their weight loss journey with ease and convenience. Founded in 1998 in Newbridge, UK, Diet Chef Ltd delivers calorie-controlled meals directly to consumers. The company has received a total of GBP 3. 000 mn in funding, with the latest round being a GROWTH round on June 1, 2015, led by Piper Private Equity.
The founder's history is not publicly available. Diet Chef Ltd specializes in delivering chef-prepared, calorie-controlled meals directly to consumers. Their primary offering consists of a variety of meal plans designed to simplify the weight loss journey, allowing customers to choose from over 55 meal options, including gluten-free and vegetarian choices. This service is tailored to eliminate the hassle of calorie counting and meal preparation, as meals can be quickly heated and consumed.
The company targets individuals seeking weight loss solutions, boasting a customer base of over 250,000, with products marketed primarily in the UK and Europe, supported by an efficient delivery system guaranteeing next-day delivery on selected orders. In the most recent year of 2023, Diet Chef reported a revenue of GBP 2,428,952. 50, with an EBITDA loss of GBP 1,158,899. 80.
The company generates revenue through subscription-based meal plans, with meal costs starting from less than GBP 3. 46 each, including snacks. Customers can personalize meal selections and adjust plans as needed, benefiting from promotional discounts for new customers. Diet Chef plans to expand its product offerings with new meal plans designed to cater to evolving dietary trends and preferences.
The company is also exploring opportunities to enter additional markets in Europe by 2024. The recent funding from Piper Private Equity will support these initiatives as Diet Chef aims to enhance its delivery infrastructure and marketing efforts to boost customer acquisition.
Primary Industry
Logistics & Distribution
Sub Industries
Food & Beverage Distribution
Website
www.dietchef.co.uk
Total Amount Raised
Subscriber access only
Diet Chef - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Diet Chef | - | ||||||||
| Growth | Completed | Diet Chef | - |
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Diet Chef - employee data


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