Chobani Revenue, Valuation, Funding & Investors

Chobani is valued at $20B as of October 2025, a 5.3x revenue multiple. Chobani revenue was $3.8B, as disclosed with its latest round.

Last Chobani valuation

$20B

Undisclosed stage · Oct 2025

Last Chobani funding round

$650M

Undisclosed stage · Oct 2025

Chobani revenue

$3.8B

Undisclosed stage · Oct 2025

Key investors in Chobani

  • Healthcare of Ontario Pension Plan (HOOPP)

Chobani Overview

About Chobani

Chobani is a New York-headquartered dairy company producing Greek-style yogurt and related products from natural ingredients. Founded in 2005 by acquiring a former yogurt plant in New Berlin, New York, it operates the world's largest yogurt facility in Twin Falls, Idaho, with additional plants in Australia. Chobani distributes to 90 percent of US grocery stores, Canada, and the UK, employing 3,000 people and generating over $2 billion in annual revenue. Its portfolio includes drinkable yogurts, oat milk, and protein shakes.


Founded

2005

HQ

United StatesUnited States

Status

Privately held

Customer focus

B2B & B2C

Revenue model

Product sales

Revenue

$3.8B (Oct 2025)

Valuation

$20B (Oct 2025)

Chobani Valuation

Chobani is currently valued at $20B, based on its undisclosed-stage round in October 2025. Read the announcement ↗

Chobani valuation by funding round

Chobani valuation by funding round
DateStageValuationRevenue Multiple
Oct 2025Undisclosed stage$20B5.3x

Chobani Revenue

Chobani's latest recorded revenue is $3.8B, as of its undisclosed-stage round in October 2025. At a $20B valuation, that implies a 5.3x revenue multiple.

Chobani revenue by funding round

Chobani revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Oct 2025$3.8B$20B5.3xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Chobani Funding History

Chobani has raised a total of $650M across 1 funding round, plus 1 secondary share sale.

Chobani funding rounds

Chobani funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Oct 2025Undisclosed stage-$650M$20BChobani, a leading yogurt manufacturer founded two decades ago, raised $650 million in an equity funding round in October 2025 to fuel US expansion, including a $500 million plant expansion in Idaho and a $1.2 billion new dairy processing facility in New York. The round valued the company at a $20 billion post-money valuation. Chobani anticipates $3.8 billion in net sales for 2025, up 28% year-over-year, with Sacra estimating $3.6 billion in trailing twelve months revenue as of September 2025, reflecting 22% growth from $3.0 billion in 2024. The funding supports Chobani's diversification beyond core yogurt into high-protein shakes, oat milk, creamers, and ready-to-drink coffee. Strategic acquisitions include the $900 million purchase of La Colombe coffee in 2023, converting Keurig Dr Pepper into a minority shareholder, and Daily Harvest earlier in 2025. The company remains private after withdrawing its 2021 S-1 IPO filing in 2022 and maintains debt financing with a $650 million bond and $1.35 billion leveraged loan for manufacturing. Sacra notes the $20 billion valuation implies a 5.6x revenue multiple on TTM sales, exceeding traditional CPG peers like Danone (1.5x) and others. Chobani captures market share from conglomerates like Unilever through private-label growth and cost advantages from its yogurt-straining byproduct used in creamers.
Jun 2018SecondaryHealthcare of Ontario Pension Plan (HOOPP)--Chobani announced on 28 June 2018 that HOOPP Capital Partners, the private capital arm of the Healthcare of Ontario Pension Plan, had become a minority investor with a stake of about 20%, and that TPG had fully exited its investment; terms were not disclosed. TPG had lent Chobani USD 750 million in 2014 through its private equity and credit funds and received warrants convertible into an estimated 25% to 35% of the company; Chobani used the HOOPP investment together with a refinancing of its debt to buy back those warrants, leaving founder and chief executive Hamdi Ulukaya and employees with up to about 90% of the equity. HOOPP received one board seat. Chobani, founded in 2005 and headquartered in Norwich, New York, is the largest Greek yogurt brand in the United States, producing yogurt, oat milk, creamers and other dairy and plant-based products at plants in New Berlin, New York and Twin Falls, Idaho, with annual sales of roughly USD 1.5 billion at the time of the transaction. Chobani employed about 2,000 people. Ulukaya had founded the company by buying a closed Kraft yogurt plant in New Berlin in 2005.

Who has invested in Chobani?

1 investor has backed Chobani across its funding rounds, including Healthcare of Ontario Pension Plan (HOOPP).


Chobani Investors

Investors in Chobani by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by Chobani

Chobani has acquired 2 companies to date.

Last acquisition by Chobani was on May 16th 2025. Chobani acquired Daily Harvest for undisclosed valuation.


Latest Acquisitions by Chobani

Daily Harvest
La Colombe Coffee Roasters
Description
New York-headquartered Daily Harvest is a subscription service delivering flash-frozen smoothies, harvest bowls, soups, flatbreads, and lattes made with fruits, vegetables, and superfoods. Sourced directly from U.S. farmers, meals are developed by nutritionists and customized via app data. Founded in 2015, it operates a network of over 50 ghost kitchens nationwide.
La Colombe Coffee Roasters is a Philadelphia-headquartered company roasting arabica beans for medium and dark roasts sold as whole beans, ground coffee, and ready-to-drink draft lattes. It supplies cafes, offices, and grocery chains with single-origin varieties from Ethiopia and Colombia. The brand operates cafes in major U.S. cities and distributes nationally.
HQ CountryUnited StatesUnited States
HQ City
New York City, NY
Los Angeles, CA
Deal Date16 May 202515 Dec 2023
Valuationundisclosed$900M
EV/Revenue
EV/EBITDA

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Chobani Competitors

Chobani competitors include listed companies like Tyson Foods, Arca Continental, Yihai Kerry and General Mills, and private ones like Genki Forest and Xingsheng Youxuan.

Public and private companies comparable to Chobani
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Tyson FoodsUnited StatesUnited StatesPublicly listed$54B$2.5B$20B0.5x
Arca ContinentalMexicoMexicoPublicly listed$13B$2.6B$20B1.7x
Yihai KerryChinaChinaPublicly listed$37B$1.4B$21B0.6x
General MillsUnited StatesUnited StatesPublicly listed$18B$1.5B$19B1.7x
Genki ForestChinaBeijingPrivate$423M-$15B35.4x
Xingsheng YouxuanChinaChangshaPrivate$704M-$12B-

Chobani Public Comps

Chobani is still privately-owned, but its public comps include Tyson Foods, Arca Continental, Yihai Kerry, General Mills, Associated British Foods, Kerry Group, Coca-Cola HBC, Lindt, Swire Pacific and Nestlé India.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tyson Foods$54B$2.5B0.5x0.5x10.9x8.2x
Arca Continental$13B$2.6B1.8x1.7x9.3x8.5x
Yihai Kerry$37B$1.4B0.6x0.6x15.8x15.7x
General Mills$18B$1.5B1.7x1.7x21.0x9.7x
Associated British Foods$26B$3.2B0.9x0.8x6.9x6.7x
Kerry Group$7.6B$1.3B2.6x2.6x15.8x13.9x
Coca-Cola HBC$13B$1.9B1.9x1.8x12.8x11.1x
Lindt$7.2B$1.5B3.5x3.5x16.5x16.0x

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Common questions about Chobani

When was Chobani founded?Chobani was founded in 2005.
Where is Chobani headquartered?Chobani is headquartered in United States.
Is Chobani publicly listed?No, Chobani is a private, VC-backed company.
What is Chobani's valuation?Chobani was last valued at $20B in its undisclosed-stage round in October 2025.
How much funding has Chobani raised?Chobani has raised $650M across 1 funding round.
What was Chobani's last funding round?Chobani's last funding round was a $650M undisclosed-stage round in October 2025.
Who are Chobani's investors?Chobani's investors include Healthcare of Ontario Pension Plan (HOOPP).
What is Chobani's revenue?Chobani's latest recorded revenue is $3.8B (October 2025).
What is Chobani's revenue multiple?Chobani's latest valuation implies a 5.3x revenue multiple ($20B valuation on $3.8B of revenue).
Which companies are comparable to Chobani?Companies comparable to Chobani include Tyson Foods, Arca Continental, Yihai Kerry, General Mills, Genki Forest and Xingsheng Youxuan.
How many companies has Chobani acquired?Chobani has acquired 2 companies, including Daily Harvest and La Colombe Coffee Roasters.
What was the largest acquisition by Chobani?The $900M acquisition of La Colombe Coffee Roasters in December 2023 is the largest acquisition Chobani has made to date.

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