Sweetgreen is a fast-casual restaurant brand serving customizable salads, warm bowls and wraps made with fresh, locally sourced ingredients. Listed on the NYSE under ticker SG since November 2021, it owned and operated 281 restaurants across 24 states and Washington, D.C. at the end of fiscal 2025 and more than 285 as of August 2026, on fiscal 2025 revenue of $679.5 million. The company is working through a Sweet Growth Transformation Plan of menu changes, cost cuts and selective restaurant closures after successive same-store sales declines, and sold its Spyce Infinite Kitchen automation unit to Wonder in December 2025.
sweetgreen is publicly traded
IPO'd on Nov 18, 2021
This company is no longer available on our private secondary market. Shares can be traded publicly under SG.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2006
Employees
5,001–10,000
Total Funding
$569.82M
8 rounds
Last Private Valuation
$1.78B
Jan 2021
Cut FY2026 outlook to same-store sales of (8.0)% to (7.0)% and an adjusted EBITDA loss of $23M-$27M, blaming a multistate cyclosporiasis outbreak
Q2 restaurant-level margin fell to 13.1% from 18.9%; net loss widened to $26.3M
Cited 'Sweet Growth Transformation Plan': HQ layoffs, 14 restaurant closures, restructuring charges in Q1 2026
Ongoing operational distress; downside pressure on private/secondary marks
Completed sale of Spyce/Infinite Kitchen robotics unit to Wonder Group for $186.4M, booking $160.6M pre-tax gain
One-time cash infusion and balance-sheet simplification amid same-store sales declines
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $569.82M across 8 rounds
Last updated 09-21-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Jan 2021 | Series J | $114M | $1.78B | Durable Capital Partners |
| Sep 2019 | Series I | $150M | $1.6B | Lone Pine Capital, D1 Capital Partners |
| Nov 2018 | Series H CNBC | $200M | $1B | Fidelity Investments |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series H
$1B
Nov 2018
sweetgreen today
$1.8B
Jan 2021 · latest mark
sweetgreen multiple
1.8x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Jonathan Neman
Co-Founder & Chief Executive Officer
Nathaniel Ru
Co-Founder & Board Director
Nicolas Jammet
Co-Founder
Zipporah Allen
Chief Commercial Officer
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.
Yes, sweetgreen is publicly traded under the ticker symbol SG on the NYSE. The company went public in Nov 18, 2021.
sweetgreen trades under the ticker symbol SG on the NYSE. It began trading in Nov 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 Nov 18, 2021 via ipo, with an offering valuation of approximately $1.78B. Sweetgreen has traded on the NYSE under the ticker SG since its IPO on November 18, 2021, which priced 13 million Class A shares at $28 and raised $364 million; the stock opened at $52 on its first day. It has since fallen well below the offer price, trading near $7 in September 2026 against roughly 119 million shares outstanding. On August 6, 2026 the company cut its fiscal 2026 outlook to a same-store sales decline of 7% to 8% and an adjusted EBITDA loss of $23 million to $27 million, citing reduced demand for fresh prepared foods following a multistate cyclosporiasis outbreak.
sweetgreen raised $569.82M across 8 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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