AOL founder invests $30M in school food company

Steve Case is putting his investment into Revolution Growth, a company started to find better and more affordable ways to provide healthier school lunches.

NEW YORK—AOL Co-Founder Steve Case, via his investment fund Revolution Growth, has now made a second deal to fund a company focused on healthy eating. The firm is putting $30 million into Revolution Foods (no relation to Revolution Growth!), a company launched eight years ago by two women and mothers who wanted to find a better and more affordable way to provide healthier school lunches.

As with last year’s $22 million investment into organic salad chain Sweetgreen, Revolution Foods is not really a “tech” company, however.

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