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DROOLS
Drools
Pet food · Raj-Nandgaon · India · Founded · 2010 · ≈ · 1,099 · employees

Drools Funding — Last Valued at $1.1B

Private

Drools has raised $75.5M across 2 funding rounds, plus 1 undated round. The latest round valued Drools at $600M post-money, with L Catterton on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Drools funding · at a glance
Total raised, all rounds
$75.5M
some round sizes not disclosed
Funding rounds
2
plus 1 undated round
Latest round
$600M
post-money · Jun 2023
Lead on that event
L Catterton
lead investor
2023
About Drools

L Catterton invested around $60 million in Drools in 2023, its first pet-food deal in India, to help the company expand across price points and sales channels. Nestle later took a stake in Drools as well, adding a global food company to its investor base.

Funding timeline

The Drools funding timeline

2 funding rounds, the latest highlighted.

2010
Drools founded

Drools was founded in 2010, India.

UNDATED
Series C

No date is disclosed for this round.

JAN 2023
Nestle strategic investment (unicorn round) at $1.1B post-money

A primary round — the company sells new shares to investors it selects. Led by Nestle.

Valuation basispost-moneyAmountPrice / shareLeadNestle
JUN 2023LATEST
Series A at $600M post-money

A primary round — the company sells new shares to investors it selects. $60M raised, led by L Catterton.

Valuation basispost-moneyAmount$60MPrice / shareLeadL Catterton
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Drools funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series A LATEST
Jun 2023
$60M
$600Mpost-money
—
L Catterton
—
Nestle strategic investment (unicorn round)
Jan 2023
—
$1.1Bpost-money
—
Nestle
—
Series C
—
$15.5M
—
—
Dharana Capital
Ashish Sharma
Drools · investors

Investors

DDharana CapitalLEADLL CattertonLEADNNestleLEAD

Frequently asked questions

What is Drools's valuation?›

The last valuation is $1.1B.

Who has invested in Drools?›

Lead investors for each round are in the funding timeline.

Who are Drools's competitors?›

The closest pet food peers are on the competitors page.

How can I get exposure to Drools?›

The routes section explains what is realistically available for a company at this stage.

Is Drools publicly traded?›

No. Drools is a private company; its shares do not trade on a public exchange.

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