gousto in A Sentence

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Gousto will continue to prioritise the majority of its investment in technology to accelerate growth.

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Gousto says it will continue to put the majority of its investment towards technology to accelerate growth.

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Gousto says it will continue to prioritize the majority of its investment in technology to accelerate growth.

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As a customer before becoming an investor, I know that Gousto is having a lasting and hugely positive impact on the way families consume and eat food.

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In a call, Gousto founder and CEO Timo Boldt told me the startup is now delivering over 1.5 million meals a month to customers, and is seeing 170 percent year-on-year growth.

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To that end, Boldt says that Gousto offers more choice to customers than competitors and is further ahead in terms of driving factory and logistics efficiencies through the use of automation and data.

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The new funding brings the total raised by Gousto to £75 million since being founded in 2012, and follows a £28.5 million fund raise last March, which it used to invest in its machine learning and factory automation.

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Noteworthy, Gousto says two-thirds of customers are families, and Boldt says this proves that a meal kit service that offers the right mixture of choice, personalization and, crucially, price point, can become a viable alternative to the weekly grocery shop for busy families.

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