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Sweetgreen

Fast casual salad chain · 299+ locations · NYC, DC, LA, Chicago, Boston, Philadelphia, Austin, and 26 states

Sweetgreen has been publicly traded since 2021, with Goldman Sachs and Point72 among its institutional investors. Unusually, the co-founders still control the company through a dual-class voting structure: Wall Street money, founder votes.

Investor-backedDisplacement RiskFounder involved

The Big Picture

Mixed Picture

Sweetgreen has been publicly traded since 2021, and Goldman Sachs and Point72 are among its institutional investors. It publishes the farms behind each menu item, but the labor record is weaker: automation is cutting restaurant headcount, and a racial discrimination suit brought by ten former workers in 2023 is still unresolved. A dual-class share structure leaves the co-founders, not Wall Street, holding the votes.

The Dirty Details

Ownership

D1 CapitalHedge Fund

D1 Capital Partners is Dan Sundheim's New York investment firm, founded in 2018, managing tens of billions across public stocks and late-stage private companies, SpaceX among its largest private holdings. It typically takes non-controlling growth stakes, as it did in the two restaurant brands on Ferret.

Assets under management: ~$31B (2025)

See all D1 Capital companies on Ferret

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Company data last updated September 2026

How does one person build and research all this? They don't: here's how it actually works. Verdicts are our opinions, based on the public sources cited above as of September 2026. Spotted something off? or learn more.