Just Salad has raised a total of $200 million through multiple funding rounds, with its most recent Private Equity round closing in February 2025. The New York-based fast-casual restaurant chain is recognized for its commitment to sustainability, healthy eating, and innovative customer experiences. Just Salad offers salads, wraps, smoothies, and soups, alongside programs like reusable bowls and carbon-labeled menus. The company leverages its funding to expand unit growth, advance technology initiatives, and enhance its menu, aiming to solidify its position in the health-conscious food sector.
Keep reading to explore Just Salad’s funding journey, key investors, and what’s next for this growing restaurant chain.
What Is Just Salad and What Does It Do?
Founded in 2006 by Nick Kenner and Rob Crespi, Just Salad is headquartered in New York, New York, and operates within the Food and Beverage, Health Care, Lifestyle, and Restaurant industries.
With a team of 251–500 employees, the company is known for combining healthy menu offerings with environmental responsibility. Its initiatives, including the Reusable Bowl Program and carbon-labeled menus, highlight a commitment to sustainability while maintaining a focus on customer experience and operational innovation.
How Much Funding Has Just Salad Raised?
- Private Equity Round
- Amount Raised: $200M
- Date: February 2025
- Lead Investors: Wellington Management
- Valuation at Round: Approximately $1 billion
- Motivation: Support new unit growth, menu innovation, advanced technology initiatives, and customer experience improvements
- Total Funding Raised: $200M
Current Valuation: Approximately $1 billion
Latest Funding Date: February 1, 2025
Key Investors
- Wellington Management
- Details: Global investment management firm with over $1 trillion in client assets, offering a range of investment solutions.
- Investment Focus Areas: Equities, fixed income, alternative investments
- Notable Investments: Amazon, Alphabet, Microsoft
- D1 Capital Partners
- Details: Investment firm focusing on public and private markets with a long-term growth mandate.
- Investment Focus Areas: Technology, healthcare, consumer sectors
- Notable Investments: SpaceX, Robinhood, Instacart
- Neuberger Berman
- Details: Employee-owned investment management firm providing a range of strategies for institutions and individuals.
- Investment Focus Areas: Equities, fixed income, alternative investments
- Notable Investments: Technology, healthcare, financial services
- Stripes
- Details: Growth equity firm investing in software and consumer businesses to support expansion and innovation.
- Investment Focus Areas: Software, consumer businesses
- Notable Investments: Monday.com, Snyk, Reformation
Where Is Just Salad’s Headquarters?
Just Salad is headquartered in New York, New York, providing access to top talent in the restaurant and health-conscious food industry. Its location supports operational growth, strategic partnerships, and market expansion across the U.S.
What’s Next for Just Salad?
Just Salad plans to leverage its $200 million in funding to expand its locations nationwide, enhance its menu offerings, and invest in advanced technology to improve the customer experience. With a $1 billion valuation and strong investor confidence, the company is well-positioned for additional fundraising rounds to support continued growth. Challenges include maintaining consistent quality, navigating competition in the fast-casual segment, and adapting to evolving consumer preferences. Despite these hurdles, Just Salad’s focus on health, sustainability, and customer satisfaction positions it for continued success.
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