Daily Harvest joined the Unicorn Club on November 15, 2021, after raising a $77 million Series D funding round led by Lone Pine Capital, valuing the company at $1.1 billion. Headquartered in New York City, New York, United States, Daily Harvest operates a platform that delivers chef-crafted smoothies, bowls, and other organic meals. The company has raised a total of $133 million and employed 288 people as of December 2022.
Keep reading to learn how Daily Harvest became a leading brand in the online grocery and healthy meal delivery space.
What Is Daily Harvest and What Does It Do?
Founded in 2015, Daily Harvest is a subscription-based platform offering a range of frozen, ready-to-blend smoothies, harvest bowls, soups, and flatbreads. The company emphasizes the use of plant-based, organic, and gluten-free ingredients sourced directly from farms.
Customers receive pre-portioned ingredients designed for convenience and nutrition, enabling them to prepare healthy meals in minutes. With a focus on sustainability, Daily Harvest incorporates eco-friendly packaging and collaborates with local growers to minimize waste and reduce its carbon footprint.
How Much Funding Has Daily Harvest Raised?
- Series D
- Amount Raised: $77M
- Date: November 15, 2021
- Lead Investor: Lone Pine Capital
- Valuation: $1.1B
- Purpose: Expand product range, enhance supply chain capabilities, and grow direct-to-consumer operations.
- Earlier Rounds (Seed to Series C)
- Cumulative Funding: $56M
- Investors: Plus Capital and others.
- Purpose: Product innovation, technology development, and nationwide expansion.
Total Funding Raised: $133M
Latest Funding Date: March 15, 2024
Latest Valuation: $1.1B
Employee Count: 288 (as of December 31, 2022)
Key Investors
- Lone Pine Capital
- Details: Growth-focused investment firm specializing in consumer and technology sectors.
- Focus Areas: Food tech, consumer health, and e-commerce.
- Plus Capital
- Details: Venture capital firm backing purpose-driven consumer brands.
- Focus Areas: Sustainability, wellness, and digital commerce.
Where Is Daily Harvest’s Headquarters?
Daily Harvest is headquartered in New York City, New York, United States, with operations serving customers nationwide. The company combines food innovation, technology, and sustainability to make nutritious, plant-based meals more accessible and convenient.
What’s Next for Daily Harvest?
Daily Harvest continues to evolve its menu and delivery operations, with a focus on sustainability and product diversification. The company is investing in research to develop new plant-based recipes and improve packaging efficiency. With an established customer base and strong investor support, Daily Harvest remains a key player in the organic meal delivery market.
Get Investor & Funding Insights with TexAu
TexAu provides verified investor and funding data for companies like Daily Harvest. Explore insights on online grocery, sustainable food tech, and consumer wellness brands.
Sign up for Free on TexAu to access real-time investor and funding intelligence.
