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Meal Delivery Startup Blue Apron Raises $50 Million at $500 Million Valuation

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He was a senior correspondent at Vox.

Blue Apron, the New York City startup that delivers the specific ingredients and recipes necessary to cook meals at home, has raised a $50 million investment led by Stripes Group. A source confirmed reports that the round valued the company at $500 million post-investment.

This article originally appeared on Recode.net.

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