Cava
CAVA Athleisure (CAVA Athleisure Pvt Ltd) is a Bengaluru, India-based direct-to-consumer apparel brand selling athleisure and activewear. Founded by sisters Ria Mittal and Shreya Mittal, the company designs leggings, sports bras, tops, jackets, skorts, joggers, swimwear and related clothing for women and men, with a focus on size and inseam options suited to Indian body types. CAVA sells through its own Shopify-based ecommerce site (cavaathleisure.com), retail stores, and marketplace partners such as Nykaa and Amazon India. The brand is backed by venture investors including Sharrp Ventures, Spring Marketing Capital and V3 Ventures.
Public Company
Cava is publicly traded
IPO'd on June 14, 2023
This company is no longer available on our private secondary market. Shares can be traded publicly under CAVA.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2020
Employees
10,000+
Total Funding
$300M
3 rounds
Last Private Valuation
$1.39B
April 28, 2021
Funding
Total raised $300M across 3 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series F
Date
April 28, 2021
Amount
Not disclosed
Valuation
$1.39B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| April 28, 2021 | Series F | Not disclosed | $1.39B | T. Rowe Price |
| 2018 | Zoes Kitchen acquisition financing | $300M | — | Act III Holdings |
| 2015 | Early growth equity | Not disclosed | — | SWaN & Legend Venture Partners |
Leadership
Ria Mittal
Co-Founder & CEO
Shreya Mittal
Co-Founder & CMO
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Chipotle Mexican Grill
Large fast-casual chain with ~3,500+ units offering Mexican bowls and burritos, setting industry standards for throughput and digital ordering.
Sweetgreen
Fast-casual salad and bowl chain competing directly with Cava in the fresh, healthy dining segment.
Panera Bread
Fast-casual chain with ~2,000 units leveraging breakfast/lunch breadth, loyalty, and digital ordering with salads, bowls, and healthy positioning.
Cava Investment FAQ
Cava FAQ
Yes, Cava is publicly traded under the ticker symbol CAVA on the NYSE. The company went public in June 14, 2023.
Cava trades under the ticker symbol CAVA on the NYSE. It began trading in June 14, 2023.
Cava (CAVA on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker CAVA to place an order.
Cava went public in June 14, 2023 via ipo, with an offering valuation of approximately $1.39B. Cava completed its initial public offering on June 14, 2023, pricing 14.4 million shares at $22 per share, raising approximately $318 million. The company began trading on the NYSE under the ticker CAVA on June 15, 2023, with an opening price of $42, providing immediate gains to IPO investors.
Cava raised $300M across 3 disclosed funding rounds prior to its public listing.
Cava was co-founded by Ria Mittal, and Shreya Mittal in 2020.
Cava is headquartered in Bengaluru, Karnataka, India.
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