Sprig raised $45 million two years ago for its vision of providing healthy meals delivered quickly. The money made the San Francisco-based startup one of the biggest entrants into the burgeoning farm-to-doorstep food market.
On Friday, the company announced that it is shutting down.
“The demand for Sprig’s convenient, high-quality food was always incredibly high, but the complexity of owning meal production through delivery at scale was a challenge,” wrote Sprig CEO Gagan Biyani in an email sent to customers.
Biyani also warned the press against drawing too straight a line between Sprig’s failure and the broader food space. Read more…
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