On April 27, 2021, Cava Group, Inc. closed the transaction. The company has received $190,000,000 in series F round of funding led by T. Rowe Price Group, Inc. The transaction included participation from Lighthouse Investment Partners, LLC, Mousse Partners, Equilibra Partners Management LLC, Declaration Partners LP, and returning investors Revolution Growth, SWaN & Legend Venture Partners, and The Invus Group, LLC. The round was raised at a post-money valuation of nearly $1,300,000,000.