Modern Milkman Overview
- Year Founded
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2018
- Status
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Private
- Employees
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141
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$13.5M
- Investors
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11
Modern Milkman General Information
Description
Provider of grocery delivery services intended to reduce consumer waste through plastic-free packaging and return and reuse practices. The company offers a flexible, tech-supported ordering system and home delivery services connecting customers with independent dairies, farmers, and suppliers, enabling eco-conscious consumers to conveniently reduce waste and shop ethically.
Contact Information
Website
www.themodernmilkman.co.ukCorporate Office
- 4th Floor 111 Piccadilly
- Manchester M1 2HY
- England, United Kingdom
Corporate Office
- 4th Floor 111 Piccadilly
- Manchester M1 2HY
- England, United Kingdom
Modern Milkman Timeline
Modern Milkman Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC | 27-Jan-2026 | $13.5M | Completed | Generating Revenue | ||
| 8. Later Stage VC | 16-Sep-2025 | Completed | Generating Revenue | |||
| 7. Equity Crowdfunding | 17-May-2023 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 01-Nov-2022 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series B) | 29-Sep-2021 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 14-May-2021 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 21-Dec-2020 | Completed | Generating Revenue | |||
| 2. Seed Round | 11-Dec-2019 | $648K | $649K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 01-Aug-2019 | $1K | $1K | Completed | Generating Revenue |
Modern Milkman Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D1 | ||||||||
| Series D | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Series C | ||||||||
| A Ordinary | 431,955 | $0.000135 | $7.97 | $7.97 | 1x | $7.97 | 0.98% | |
| Series B | 1,814,948 | $0.000135 | $7.44 | $7.44 | 1x | $7.44 | 4.11% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Modern Milkman Comparisons
Industry
Financing
Details
Modern Milkman Competitors (5)
One of Modern Milkman’s 5 competitors is Gopuff, a Venture Capital-Backed company based in Philadelphia, PA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Gopuff | Venture Capital-Backed | Philadelphia, PA | ||||
| McQueens Dairies | Corporation | Glasgow, United Kingdom | ||||
| Nisa Retail | Corporate Backed or Acquired | Scunthorpe, United Kingdom | ||||
| Milk & More | Corporate Backed or Acquired | Camberley, United Kingdom | ||||
| Londis | Corporate Backed or Acquired | Newark, United Kingdom |
Modern Milkman Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Modern Milkman Signals
Growth Rate
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Key Data Points
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Majestic Referring Domains
Modern Milkman Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Salica Investments Advisory | Other Private Equity | Minority | ||
| Hartley's Deliveries | Corporation | Minority | ||
| Avery Dennison | Corporation | Minority | ||
| Cerity Partners Ventures | Corporate Venture Capital | Minority | ||
| Pxn Ventures | Corporate Venture Capital | Minority |
Modern Milkman Acquisitions (2)
Modern Milkman’s most recent deal was a Merger/Acquisition with Pine Tree Dairy (Home Delivery Network). The deal was made on 10-Apr-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Pine Tree Dairy (Home Delivery Network) | 10-Apr-2025 | Merger/Acquisition | Logistics | ||
| The Modern Milkman (Food Products) | 26-Mar-2024 | Merger/Acquisition | Food Products |
Modern Milkman Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| The Modern Milkman (Food Products) | Ellington, CT | 2018 |
Modern Milkman FAQs
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When was Modern Milkman founded?
Modern Milkman was founded in 2018.
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Where is Modern Milkman headquartered?
Modern Milkman is headquartered in Manchester, United Kingdom.
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What is the size of Modern Milkman?
Modern Milkman has 141 total employees.
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What industry is Modern Milkman in?
Modern Milkman’s primary industry is Food Products.
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Is Modern Milkman a private or public company?
Modern Milkman is a Private company.
-
What is Modern Milkman’s current revenue?
The current revenue for Modern Milkman is .
-
How much funding has Modern Milkman raised over time?
Modern Milkman has raised $115M.
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Who are Modern Milkman’s investors?
Salica Investments Advisory, Hartley's Deliveries, Avery Dennison, Cerity Partners Ventures, and Pxn Ventures are 5 of 11 investors who have invested in Modern Milkman.
-
Who are Modern Milkman’s competitors?
Gopuff, McQueens Dairies, Nisa Retail, Milk & More, and Londis are competitors of Modern Milkman.
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