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Daily Harvest

Daily Harvest

Daily Harvest is a New York City-based company founded in 2015 by Rachel Drori.

OverviewStructured DataIssuesContributors

Contents

fortune.com/2017/12/19/daily-harvest-serena-williams-funding
daily-harvest.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Subscription box
Subscription box
Supply chain
Supply chain
Plant-based products
Plant-based products
Organic
Organic
Delivery (commerce)
Delivery (commerce)
E-commerce
E-commerce
Location
‌
New York, Iowa
New York City
New York City
United States
United States
CEO
Rachel Drori
Rachel Drori
Founder
Rachel Drori
Rachel Drori
AngelList URL
angel.co/daily-harvest-2
Pitchbook URL
pitchbook.com/profiles.../85706-92
Number of Employees (Ranges)
201 – 5000
Email Address
hello@daily-harvest.com
Full Address
New York, New York 10011, US0
Investors
Serena Ventures
Serena Ventures
0
BAM Ventures
BAM Ventures
WME Ventures
WME Ventures
Rubicon Venture Capital
Rubicon Venture Capital
Justin Mateen
Justin Mateen
Collaborative Fund
Collaborative Fund
BrandProject
BrandProject
Victress Capital
Victress Capital
...
Founded Date
2015
Total Funding Amount (USD)
120,000,000
Latest Funding Round Date
November 15, 2021
Latest Funding Type
Series D
Series D
Patents Assigned (Count)
1
Motto/Tagline
Daily Harvest takes care of food, so food can take care of you
Wellfound ID
daily-harvest-2

Other attributes

Company Operating Status
Active
Postmoney Valuation
1,100,000,000
Funding Round Investor
Lightspeed Venture Partners
Lightspeed Venture Partners
Latest Funding Round Amount (USD)
77,000,000

Provider of subscription-based food delivery services intended to provide healthy frozen foods. The company's foods are developed by nutritionists and include smoothies, soups, bowls, lattes and breakfast options, enabling health-conscious subscribers to eat pre-portioned foods without having to cook. Their food is built on organic fruits and vegetables. It's delivered to the customer and ready to enjoy in minutes.

Platform

The Daily Harvest platform works to serve the needs of consumers by turning freezers into personalized pantries stocked with clean food, quickly prepared and replenished as it is consumed. Consumers are able to choose any combination of smoothies, overnight oats, chia parfaits, soups, sundaes and lattes to build their subscription box. Users can choose foods based on dietary needs, key benefits or likes and dislikes through the website. These foods can then be made by adding the recommended liquid base and following the instructions.

The subscription service allows users to choose weekly or monthly deliveries and to receive 6, 9, 12, or 24 cups per week. The price of the subscription decreases the more ordered. For 6 cups, the cost is $7.99 per cup, or about $48 per week or $7.99 a day. For 12 cups, the price is $7.49 per cup, or about $90 a week at $13 a day. Or, at 24 cups per month, the cost is $6.99 per cup, or $167.76, and about $6 a day (these are before tax prices).

A selection of Daily Harvest smoothies

A selection of Daily Harvest smoothies

Refueling Station

In November 2018, Daily Harvest partnered with The Gathery to design their Manhattan pop-up "Refueling Station", located at 446 Broadway, to look like a 1970's Palm Springs gas station. There Daily Harvest gave visitors free samples of their products, a walk-through of their ingredient sourcing process, an explanation of the benefits of frozen foods, and a chance to win products.

Visitors to the pop-up were also able to buy individual items, such as smoothies or soups. In speaking on the decision to host a pop-up, CEO and founder Rachel Drori said:

This is meant to drive direct sales. The one thing we know about our customers is that they need to taste it to understand why it's different. So we want to meet customers offline and interact with them there.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Daily Harvest is testing offline retail with its first pop-up store - Digiday

Hilary Milnes

https://digiday.com/retail/daily-harvest-testing-offline-retail-first-pop-store/

Web

November 1, 2018

Daily Harvest review 2019: a great smoothie subscription box - Business Insider

Mara Leighton

https://www.businessinsider.com/daily-harvest-smoothie-subscription-box-review

Web

January 4, 2019

References

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