sweetgreen

Los Angeles, CA, United States Food & Beverage Public

Sweetgreen is a fast-casual restaurant brand serving customizable salads and bowls using fresh, locally-sourced ingredients. Founded in 2006 and publicly traded on the NYSE under ticker SG since November 2021, the company operates approximately 251 locations across 24 states and Washington, D.C., generating annual revenue of $679.5 million as of fiscal year 2025.

Public Company

sweetgreen is publicly traded

IPO'd on November 18, 2021

SG NYSE

This company is no longer available on our private secondary market. Shares can be traded publicly under SG.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2006

Employees

6,000+

Total Funding

$425.88M

6 rounds

Last Private Valuation

$1.6B

September 2019

Funding

Total raised $425.88M across 6 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 I

Date

September 2019

Amount

$150M

Valuation

$1.6B

Lead Investors

Lone Pine CapitalD1 Capital Partners
DateRoundAmount RaisedValuationLead Investors
September 2019 Series I $150M $1.6B Lone Pine Capital, D1 Capital Partners
November 2018 Series H $200M $1B Fidelity Investments
June 30, 2015 Series F $35M T. Rowe Price

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 2019 sweetgreen

Entry · Series H

$1B

Nov 2018

sweetgreen today

$1.6B

Sep 2019 · latest mark

sweetgreen multiple

1.6x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Jonathan Neman

    Co-Founder & Chief Executive Officer

    LinkedIn
  • Nathaniel Ru

    Co-Founder & Board Director

  • Nicolas Jammet

    Co-Founder

  • Zipporah Allen

    Chief Commercial Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • CAVA

    Mediterranean-inspired fast-casual brand with unlimited toppings model, publicly traded (NYSE: CAVA), growing faster than Sweetgreen and Chipotle with 22.5% YoY revenue growth.

  • Chipotle Mexican Grill

    Quick-service restaurant chain with customizable burritos and bowls, established 1993, larger scale competitor in fast-casual segment.

  • Just Salad

    Fast-casual salad chain competing in the healthy bowl and salad space.

  • Chopt

    Fresh salad fast-casual chain with focus on customizable salads and healthy options.

  • Tender Greens

    Farm-to-table fast-casual restaurant brand focused on salads and sustainable ingredients.

sweetgreen Investment FAQ

sweetgreen FAQ

Yes, sweetgreen is publicly traded under the ticker symbol SG on the NYSE. The company went public in November 18, 2021.

sweetgreen trades under the ticker symbol SG on the NYSE. It began trading in November 18, 2021.

sweetgreen (SG 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 SG to place an order.

sweetgreen went public in November 18, 2021 via ipo, with an offering valuation of approximately $1.6B. Sweetgreen went public via IPO on November 18, 2021 on the NYSE under ticker SG. The company priced 13 million Class A shares at $28/share, raising $364 million. Stock opened at $52 on first trading day. Market cap as of May 2026 is approximately $873 million.

sweetgreen raised $425.88M across 6 disclosed funding rounds prior to its public listing.

sweetgreen was co-founded by Jonathan Neman, Nathaniel Ru, and Nicolas Jammet in 2006.

sweetgreen is headquartered in Los Angeles, CA, United States.

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