Food52 is a US food and home-focused digital media and e-commerce company founded in 2009 by former New York Times food journalists Amanda Hesser and Merrill Stubbs. Built on a content-to-commerce model, it combines recipes, cooking and home editorial, a community platform, and an online shop selling cookware, kitchen tools, and home goods (including its own Five Two brand and the Dansk and Schoolhouse brands acquired over time). The Chernin Group / TCG Capital Management took a majority stake in 2019 and invested a reported ~$163 million, valuing the company at roughly $300 million in 2021. After significant revenue declines, the company laid off staff and filed for Chapter 11 bankruptcy, and in February 2026 its assets were broken up and sold at a Delaware bankruptcy auction: the core Food52 media brand was acquired by America's Test Kitchen (F52 LLC, an affiliate of Marquee Brands) for ~$9.9 million, while Schoolhouse went to Hudson Valley Lighting Group's Troy-CSL and Dansk to Form Portfolios.
Food52 has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2009
Employees
201–500
Total Funding
$196.26M
7 rounds
Latest Valuation
$0.3B
Dec 14, 2021
Named Daniel Suratt (CEO of America's Test Kitchen) CEO of Food52 after Marquee Brands affiliate bought assets out of Chapter 11
Post-bankruptcy asset buyer now runs the brand; no equity value for legacy holders
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $196.26M across 7 rounds
Last updated 10-10-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Nov 6, 2023 | Series 3 Preferred | $20M | — | Not disclosed |
| Dec 14, 2021 | Growth (TCG follow-on) Axios | ~$80M | $0.3B | TCG Capital Management (The Chernin Group) |
| Oct 1, 2019 | Series C (majority recap) Press release | $83M | $0.1B | TCG Capital Management (The Chernin Group) |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series C (majority recap)
$100M
Oct 2019
Food52 today
$300M
Dec 2021 · latest mark
Food52 multiple
3.0x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Daniel Suratt
Chief Executive Officer (also CEO of America's Test Kitchen)
Amanda Hesser
Co-Founder
Merrill Stubbs
Co-Founder
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