San Francisco food delivery startup, Sprig, is shutting down
The company had raised over $56 million from Silicon Valley's top investors for its new spin on food delivery.
Sprig's business was a high-end meal service, where customers could get anything from a shredded raw zucchini bowl with shrimp and basil-walnut pesto to the ever-popular lemon-Parmesan kale and quinoa salad.
It will stop operating on Friday, confirmed a spokesperson. Its 200 employees will receive two months pay and the company will be having a job fair to help them find a new job. The Information first reported its pending close.
See the memo, obtained by Business Insider, below: