- Companies
- Ollie
Ollie Acquisition, Valuation, Funding & Investors
Ollie was acquired by Agrolimen for $600M in February 2026, a 0.2x multiple on $2.6B of revenue.
Ollie acquisition price
$600M
Acquired by Agrolimen · Feb 2026
Ollie revenue at acquisition
$2.6B
Last twelve months · Feb 2026
Ollie revenue multiple at acquisition
0.2x
EV/Revenue · Feb 2026
Cumulative funding Ollie raised
$68M
across 5 funding rounds
About Ollie
Ollie is a New York-based subscription service delivering freshly prepared, human-grade dog food customized to individual nutritional profiles. Portion-controlled meals arrive pre-packaged at doorsteps nationwide, excluding fillers and by-products.
Founded
2016
HQ
Website
Status
Acquired
Customer focus
B2C
Revenue model
Subscription
Revenue
$2.6B (Feb 2026)
Valuation
$600M (acquired Feb 2026)
Ollie Acquisition
Ollie was acquired by Agrolimen for $600M on 6 February 2026.
The acquisition price implies a 0.2x revenue multiple on $2.6B of revenue.
Before the acquisition Ollie had raised $68M across 5 funding rounds.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 6 Feb 2026 | Strategic M&A | $600M | 0.2x |
Ollie Funding History
Ollie has raised a total of $68M across 5 funding rounds.
Ollie's first fundraising round was a $4M seed round in October 2016. The most recent completed round was a $21M Series D in April 2024.
Ollie funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2024 | Series D | Alumni Ventures (lead) | $21M | Ollie is a pet food company, likely focused on dog food subscriptions given competitor context such as The Farmer's Dog and Spot & Tango, which offer fresh, human-grade or personalized pet meals. |
| Mar 2020 | Undisclosed stage | - | $29M | Ollie is a pet food company delivering fresh, human-grade meals for dogs, gently cooked in USDA-inspected facilities with vet-formulated recipes and tailored feeding plans via subscription delivery. A valuation range of $160-$178M is noted for March 2022. Ollie later acquired DIG Labs, a Seed-stage company, on October 3, 2024, and was itself acquired on February 6, 2026. |
| Aug 2019 | Pre-seed | Castor Ventures; Alumni Ventures; Montauk Ventures | $300K | - |
| Aug 2017 | Series A | Canaan Partners (lead); Lerer Hippeau; ARC Angel Fund; WME Ventures; RiverPark Ventures; Rosecliff Ventures; Interplay; Primary Venture Partners; Correlation Ventures | $13M | On August 23, 2017, Ollie, a New York-based pet food subscription service, raised $12.6 million in Series A funding led by Canaan Partners, with participation from WME Ventures, Rosecliff Ventures, RiverPark Funds, Correlation Ventures, Primary Venture Partners, and Lerer Hippeau. This brought the company's total funding to approximately $17 million, including a $4.4 million seed round from Primary Venture Partners and Lerer Hippeau in fall 2016. Ollie operated as a subscription service offering what it termed human-grade pet food, with pricing based on a dog's calorie needs, ranging from $3 per day for small dogs to an average of around $6 per day. The company competed in the emerging gourmet pet food subscription market against competitors including The Farmer's Dog and The Honest Kitchen, as the broader pet food market was projected to reach $75 billion in global revenue in 2017. |
| Oct 2016 | Seed | Lerer Hippeau (lead); Primary Venture Partners (lead); WME Ventures; Max Ventures; Canaan Partners | $4M | Ollie is a New York-based startup founded in 2016 by Alex Douzet, Gabby Slome, and Randy Jimenez that delivers customized, fresh, human-grade dog food nationwide via subscription, with recipes featuring ingredients like chicken, beef, peas, sweet potatoes, and blueberries tailored to each dog's age, weight, breed, and activity level. The company targets the premium pet food market by offering refrigerated meals starting at $3 per pound, positioning itself as a convenient alternative to processed kibble with national FedEx delivery across 48 continental states from launch. Ollie launched with two products—a chicken and beef version—and planned expansion to cats. Ollie raised a $4.4 million seed round on October 5, 2016, co-led by Primary Venture Partners and Lerer Hippeau, with participation from Canaan Partners, Max Ventures, WME Ventures, and others. The funding supported product line expansion, team growth, and enhanced customer experience in the $25 billion pet food market plagued by recalls and poor ingredients. The company competed with PetPlate, which offered more menu items but limited delivery to the northeast, while Ollie emphasized a national scale from inception. |
Who has invested in Ollie?
13 investors have backed Ollie across its funding rounds, including Alumni Ventures, Lerer Hippeau, Canaan Partners, Primary Venture Partners, WME Ventures and Correlation Ventures.
Lead investors include Alumni Ventures, Canaan Partners, Lerer Hippeau and Primary Venture Partners.
Ollie Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Oct 2016 | ||
| 2 | Participant | Oct 2016 | ||
| 2 | Lead | Oct 2016 | ||
| 2 | Lead | Aug 2019 | ||
| 2 | Lead | Oct 2016 | ||
| 1 | Participant | Aug 2017 | ||
| 1 | Participant | Aug 2017 | ||
| 1 | Participant | Oct 2016 | ||
| 1 | Participant | Aug 2017 | ||
| 1 | Participant | Aug 2019 | ||
| 1 | Participant | Aug 2017 | ||
This data is available for Pro users. Sign up to see all 13 Ollie investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Ollie
Ollie has acquired 1 company to date.
Last acquisition by Ollie was on October 3rd 2024. Ollie acquired DIG Labs for undisclosed valuation.
Latest Acquisitions by Ollie
| Description | DIG Labs is a San Francisco-based health technology startup utilizing AI to analyze visual medical data such as X-rays, MRIs, and pathology slides. The platform assists healthcare providers in detecting anomalies, accelerating diagnostics, and improving patient outcomes through automated image recognition and workflow integration. |
| HQ Country | |
| HQ City | Princeton, NJ |
| Deal Date | 3 Oct 2024 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Ollie acquisitions and their M&A valuation multiples. Start Free Trial | |
Ollie Competitors
Ollie competitors include listed companies like Petco and Pet Valu, and private ones like The Honest Kitchen, Seek Pet Foods, Drools and Wag.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $500M | - | ||
| Private | - | - | $462M | - | ||
| Private | $100M | - | $600M | 6.0x | ||
| Private | $61M | - | $650M | 10.7x | ||
| Publicly listed | $6B | $317M | $687M | 0.5x | ||
| Publicly listed | $842M | $170M | $858M | 1.7x |
Ollie Public Comps
Ollie is no longer listed, but its public comps include Lesieur Cristal, Cem Zeytin, ForFarmers, Modern Mills, Mama's Creations, SunRice, Rogers Sugar, Fourth Milling, Nichols and Kasapreko.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $582M | $24M | 0.9x | 0.9x | 22.7x | 18.3x | |||
| $58M | ($3M) | 10.5x | - | (232.3x) | - | |||
| $3.6B | $158M | 0.2x | 0.2x | 5.1x | 4.6x | |||
| $279M | $85M | 2.8x | 2.6x | 9.2x | 8.8x | |||
| $172M | $12M | 2.9x | 2.4x | 41.0x | 24.3x | |||
| $1.3B | $101M | 0.6x | 0.6x | 7.4x | 8.0x | |||
| $941M | $99M | 1.0x | 1.1x | 9.5x | 8.2x | |||
| $176M | $72M | 3.4x | 3.4x | 8.5x | 8.5x | |||
This data is available for Pro users. Sign up to see all Ollie competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Ollie
| When was Ollie founded? | Ollie was founded in 2016. |
| Where is Ollie headquartered? | Ollie is headquartered in Reno, NV, United States. |
| Is Ollie publicly listed? | No, Ollie was acquired by Agrolimen in February 2026. |
| Who acquired Ollie? | Ollie was acquired by Agrolimen in February 2026. |
| How much was Ollie acquired for? | Ollie was acquired for $600M in February 2026, a 0.2x revenue multiple. |
| How much funding has Ollie raised? | Ollie has raised $68M across 5 funding rounds. |
| What was Ollie's last funding round? | Ollie's last funding round was a $21M Series D in April 2024, led by Alumni Ventures. |
| Who are Ollie's investors? | Ollie's investors include Lerer Hippeau, WME Ventures, Canaan Partners, Alumni Ventures, Primary Venture Partners, ARC Angel Fund, RiverPark Ventures, Max Ventures, Rosecliff Ventures, Castor Ventures and 3 others. |
| Which companies are comparable to Ollie? | Companies comparable to Ollie include The Honest Kitchen, Seek Pet Foods, Drools, Wag, Petco and Pet Valu. |
| How many companies has Ollie acquired? | Ollie has acquired 1 company, including DIG Labs. |
See companies similar to Ollie
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




