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Daily Harvest company logo

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daily-harvest.com

Founded Year

2014

Stage

Series D | Alive

Total Raised

$120.98M

Valuation

$0000 

Last Raised

$77M | 10 mos ago

About Daily Harvest

Daily Harvest offers a solution to the challenge of eating nutrient-rich, unprocessed meals while leading a busy life. The New York-based, direct-to-consumer company delivers convenient, plant-based smoothies, overnight oats, chia parfaits, sundaes, and soups to freezers across the U.S. As one of the fastest-growing e-commerce brands, Daily Harvest is reimagining the frozen food category using a "farm-freezing" process - harvesting fruits and vegetables at peak ripeness and immediately freezing them to lock in nutrients and flavor. Each recipe combines organic produce with flavor-packed superfoods and is ready to eat in minutes, prepared by adding a liquid and blending or heating.

Daily Harvest Headquarters Location

99 Hudson Street 11th Floor

New York, New York, 10013,

United States

888-302-0305

ESPs containing Daily Harvest

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Food & Grocery Tech

These companies are looking to simplify at-home cooking by selling fresh and prepared meals directly to consumers. Companies in this market focus on a range of meal solutions, from easy-to-prepare dinners to healthier alternatives to shelf-stable baby foods. Companies in this market are well-funded and have been investment targets for major corporates.

Daily Harvest named as Leader among 12 other companies, including Gousto, Sunbasket, and Mindful Chef.

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Research containing Daily Harvest

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Daily Harvest in 5 CB Insights research briefs, most recently on Jan 24, 2022.

Expert Collections containing Daily Harvest

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Daily Harvest is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,187 items

F

Food & Beverage

2,657 items

W

Wellness Tech

1,334 items

We define wellness tech as companies developing technology to help consumers improve their physical, mental, and social well-being. Companies in this collection play across a wide range of categories, including food and beverage, fitness, personal care, and corporate wellness.

F

Food & Meal Delivery

1,494 items

Startups and tech companies offering online grocery, food, beverage, and meal delivery services.

Daily Harvest Patents

Daily Harvest has filed 3 patents.

The 3 most popular patent topics include:

  • Edible thickening agents
  • Food additives
  • Preservatives
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/22/2020

12/28/2021

Graphical projections, Technical drawing, Roadsters, Light machine guns, Cephalopod zootomy

Grant

Application Date

5/22/2020

Grant Date

12/28/2021

Title

Related Topics

Graphical projections, Technical drawing, Roadsters, Light machine guns, Cephalopod zootomy

Status

Grant

Latest Daily Harvest News

Daily Harvest Food Debacle Brings E-commerce Food Safety Into Consideration

Sep 2, 2022

Daily Harvest Food Debacle Brings E-commerce Food Safety Into Consideration By Spencer Hulse Spencer Hulse has been verified by Muck Rack's editorial team Published on September 2, 2022 The meal kit industry is huge, with various companies offering their take on healthy and convenient meals that are delivered to your door and easy to prepare. Among them, Daily Harvest stood as a clear success, with a $1.1 billion valuation at the end of 2021 and plenty of hype. However, a recent problem with one of the company’s products resulted in hundreds of people across the US experiencing gastrointestinal pain and abnormal liver function. Of those affected, over 100 were hospitalized, and some required surgery. More than 25 people have even reported needing to have their gallbladders removed. The number of people affected is the most of any US foodborne illness outbreak to occur this year, which is one of the reasons it hit headlines. The product that caused everything was Daily Harvest’s French Lentil + Leek Crumbles dish. More specifically, Daily Harvest linked the tara flour in the product to the gastrointestinal issues people faced. The US Food and Drug Administration (FDA) has yet to confirm that finding. But perhaps more important than the specific cause is what the issue has brought to light about the meal delivery industry: most meal delivery companies are not regulated by the FDA. There are hundreds of companies that ship food to people across the US, and it is a $15-billion industry, but very few need to register with the FDA. While part of that might be due to its recent rise in popularity during the pandemic, it has led to a situation where these companies are not strictly regulated. In fact, the companies do not have to follow quite a few FDA regulations meant to promote food safety. That includes regulations specifically aimed at limiting the spread of foodborne illness and sanitary conditions during shipping. That means the more than 28,000 bags of French Lentil + Leek Crumbles that went out were not required to meet the same safety regulations as other food products. Of course, the company quickly recalled the product , but the damage was already done. And Daily Harvest is not the only company out there facing problems with its products. A competitor, Revive Superfoods, is also facing problems and legal action concerning one of its products, a pineapple-mango smoothie. Additionally, recalls have been seen with other big names in the meal-kit industry, including Hello Fresh, Blue Apron, and Thistle. It is not an uncommon thing, but without proper regulation, knowing whether a product is safe becomes far more difficult. One big issue at play is that there is no federal regulation regarding how meal kit ingredients are shipped. That means products could arrive to customers at unsafe temperatures, or there can be cross-contamination or spoilage. Moreover, this equally affects registered and unregistered companies. It is an issue of rules and regulations being left behind by a fast-moving industry that has evolved quickly in a short period of time. And things continue to move slowly since many of these companies deliver products to people in multiple states. After all, even if people are getting sick, it is unlikely to get much attention unless it is on as large a scale as the Daily Harvest issue. Tags

Daily Harvest Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Daily Harvest Rank

  • When was Daily Harvest founded?

    Daily Harvest was founded in 2014.

  • Where is Daily Harvest's headquarters?

    Daily Harvest's headquarters is located at 99 Hudson Street, New York.

  • What is Daily Harvest's latest funding round?

    Daily Harvest's latest funding round is Series D.

  • How much did Daily Harvest raise?

    Daily Harvest raised a total of $120.98M.

  • Who are the investors of Daily Harvest?

    Investors of Daily Harvest include Lightspeed Venture Partners, Lone Pine Capital, Suttona Capital, M13, Rubicon Venture Capital and 12 more.

  • Who are Daily Harvest's competitors?

    Competitors of Daily Harvest include Freshly.

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