Food delivery start-up Blue Apron is considering going public, unnamed sources told Bloomberg.
Bloomberg reported an IPO is one of several capital-raising options under preliminary consideration for Blue Apron. The company delivers meal kits to be cooked at home, in the form of boxes of premeasured ingredients for a serving of a user-selected recipe.
The company would be valued at $3 billion in an IPO, the sources told Bloomberg, although its last summer 2015 funding round was at a $2 billion valuation, according to research firm CB Insights. A decision on going public would likely occur in the next year, the sources said.