In a fresh funding round, California-based B2B company Oh My Green has raised $20 million. This particular funding round was led by Initialized Capital, Powerplant Ventures, Backed VC, ZhenFund, Talis Capital and the Stanford StartX Fund.
With this investment, the company plans to expand throughout the U.S. and gradually launch overseas.
The basic motive behind this step is to bring healthier foods to offices around the U.S. The startup offers Nashville nutritional snacks and meals to businesses in San Francisco, Los Angeles, Seattle, Chicago, Austin, Denver, Boston, New York City and Nashville.
The company stocks office snack pantries which is a staple at technology startups and caters events, manages cafes and provides wellness programming.
Founded in 2014 by Michael Heinrich, the major goal of the startup is to be a one-stop shop for corporate nutritional wellness.
“I wanted to do something more meaningful in my life. I had worked in really challenging environments and I found myself really enjoying the people and the problems but looking at the food we had available, a lot of it was ultra-processed and ultra-sugared,” said Michael Heinrich. “When I was sugar crashing and not being productive at work, I realized I should stop complaining and actually make a difference,” he added.
The company uses machine learning to give its customers personalized recommendations for meals and snacks. Oh my Green claims to have 200 customers so far, that include companies like Lyft, Apple and Y Combinator.