Sweetgreen receives $22M investment from AOL co-founder

Sweetgreen receives $22M investment from AOL co-founder

His venture capital firm Revolution Growth now owns minority stake in fast-casual salad chain

The fast-casual salad chain Sweetgreen announced on Wednesday a $22 million investment from Revolution Growth, a venture capital firm founded by Steve Case, the co-founder of AOL.

Nicolas Jammet, one of three co-founders and co-chief executives of the 22-unit Sweetgreen, said it was the company’s first influx of institutional capital and will help fund the farm-to-table concept’s ongoing growth. Jammet is CEO along with Jonathan Neman and Nathaniel Ru.

With

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