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Research containing Sakara Life
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CB Insights Intelligence Analysts have mentioned Sakara Life in 2 CB Insights research briefs, most recently on May 26, 2021.
Expert Collections containing Sakara Life
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Sakara Life is included in 5 Expert Collections, including Vitamin & Supplement Startups.
Vitamin & Supplement Startups
Food & Beverage
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.
Food & Meal Delivery
Startups and tech companies offering online grocery, food, beverage, and meal delivery services.
Latest Sakara Life News
Aug 8, 2022
This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Each startup on this list has raised $90 million or less in VC funding. VCs are placing bets on which of these rising stars will grow into lasting brands. Two companies on the list, Creative Fabrica and Newness, have each raised less than $10 million. Consumer companies for livestream shopping, ticket resale, and collectibles have been making headlines. Whatnot , a live-shopping app for collectibles, landed a $260-million Series D deal in July that DST Global and Capital G, which took the company's valuation to $3.7 billion, led. Fever , a ticket marketplace for live events, raised $227 million from Goldman Sachs in January, which vaulted the company to unicorn status . The success of these categories reflects the pandemic's long-term impact on consumer behavior now that people are beginning to find their new normal. Some VCs have already begun courting the next generation of consumer startups. Six consumer-focused VCs that Insider spoke to said they're looking for companies that are raising less capital than their predecessors to scale their brands. These VCs also said that they're no longer interested in funding brands that simply challenge an existing one as they may have in years past. Instead, they said they're raising the bar for what consumer services they are investing in. Amid the rising costs of customer acquisition on platforms like Facebook, Instagram, and Twitter, four VCs said they're looking for companies that have already built a loyal and consistent base of customers. Amanda Schutzbank, a partner at Willow Growth Ventures, led the $5.3-million seed round for Coterie , a direct-to-consumer diaper brand, in December 2021. Since it launched in 2019, Coterie has sold more than 80 million diapers , but has only raised $34 million in funding, according to the company. Schutzbank points to Coterie's dedicated customer base as one of the reasons behind its sales growth. "Coterie's strongest customer-acquisition channel has always been word of mouth," Schutzbank said. "When I first looked at investing, I was a new mom with a young baby at home. I started to hear other moms talk about how 'life-changing' this diaper was." VCs have also been rethinking the amount of capital they injected into direct-to-consumer brands like Harry's, Rothy, and Away. Now, amid the market downturn, the pressure for companies to keep costs low is higher than ever. VCs are looking at how consumer marketplaces enable their users to build capital-efficient brands. M13, a venture-capital firm based in Los Angeles, was one participant in a $20-million Series A round that Shef raised in June 2021. The platform connects home chefs looking to sell their food with customers, and has raised less than $29 million to date, according to the company. Christine Choi, a partner at M13, said "the average cost of starting a restaurant is more than $350,000 — something that's far out of reach for most people. By connecting talented cooks directly with local customer bases in 10 states across the country, Shef provides an early on-ramp to food entrepreneurship. " Insider rounded up a list of 10 companies that VCs believe are paving the way for the next generation of consumer brands. The list relies on interviews with VCs and references to Crunchbase and Pitchbook. Aalto Aalto Who they are: Aalto is a real-estate marketplace for properties in the San Francisco Bay area that launched in 2021. The platform matches prospective homebuyers directly with homeowners looking to sell their properties, and claims to cut down the the process of listing a home online to less than five minutes, according to a press release from the company. Aalto also aims to reduce the cost it takes homeowners to sell their properties. Aalto charges sellers a 1% fee for listing their homes on the site, and claims to save sellers an average of $44,000 by acting in place of a realtor or broker. How much they've raised: $13 million according to the company. Investors: Sequoia Capital, Defy Partners, Maple VC Coterie Coterie Who they are: Coterie is a direct-to-consumer brand for baby diapers and wipes. The company makes its diapers from sustainable materials and a proprietary-wicking system . Frank Yu, the founder of Coterie, felt inspired to launch the brand after he attended a baby shower in Japan and mistook the diapers he saw for cashmere, according to Coterie's site. The company, which launched in 2018, entered a market that P&G's Pampers and K&C's Huggies have long dominated. Coterie's most recent round of funding was a $24-million Series B round that Align Ventures led in June 2022. How much they've raised: $34 million according to the company. Investors: Willow Growth Partners and Align Ventures Creative Fabrica Creative Fabrica Who they are: Creative Fabrica is an online marketplace for crafting, fonts, and creative projects based out of Amsterdam. Since it was founded in 2016, the platform has accrued over 1 million users, according to TechCrunch. Creative Fabrica gives creators who upload their fonts, graphics, or other digital assets a 50% cut of the profits . Approximately 60% of the company's sales come from the US and another 20% come from the UK, Canada, and Australia, according to Peak Capital, one of the company's investors. How much they've raised: $7 million according to Peak Capital. Investors: Felix Capital, Peak Capital, FJ Labs Curtsy Curtsy Who they are: Curtsy is a customer-to-customer marketplace for thrifted and secondhand clothing. The company launched in 2015 as an app for helping women in sororities rent dresses from one another, according to a press release from the company. Since then, the app has evolved into a resale platform that now targets Gen Z customers, according to David Oates, the founder of Curtsy. Curtsy taps into one of the fastest-growing sectors of the apparel industry. By 2026, the clothing-resale market is expected to double in size from 2021 to $82 billion, according to a report from ThredUp, another clothing-consignment marketplace that went public in March 2021. How much they've raised: $12.6 million according to the company. Investors: Index Ventures, 1984 Ventures, Y Combinator Mejuri Mejuri Who they are: Mejuri is a Canadian jewelry brand that launched as a direct-to-consumer company in 2015. By 2018, the company had expanded into brick-and-mortar retail. In May 2022, Mejuri announced that it was tripling its store count with the addition of 22 new locations across the United States and Canada. Over the past several years, Mejuri has built a strong base of repeat buyers. The brand's founder, Noura Sakkijha, told Harper's Bazaar in 2021 that 40% of the brand's monthly revenue came from its existing base of customers. How much they've raised: More than $40 million according to the company. Investors: New Enterprise Associates, Felix Capital, 500 Global Newness Newness Who they are: Newness is a beauty-livestreaming platform founded by two former employees of Twitch, the videogame-livestreaming service. Jenny Qian, a cofounder, told TechCrunch that she wanted Newness to serve as an "anti-Twitch" by focusing on building a positive community for beauty enthusiasts. Newness pairs new creators that join the platform with an in-house moderator who helps them produce content until they feel comfortable streaming on their own. Fans, on the other hand, are awarded crystals for positive engagement which they can later redeem for beauty products, TechCrunch also reported . How much they've raised: $3.5 million according to the company. Investors: Sequoia Capital, Cowboy Ventures, Index Ventures Our Place Our Place Who they are: Our Place is a direct-to-consumer cookware brand. The company launched in 2019, and by 2020, was known across Instagram for its then-signature product, the Always Pan, according to Vox. Our Place has drawn funding from a long list of celebrity investors including actress Gwyneth Paltrow, fashion designer Tory Burch, entrepreneur Sheila Marcelo, and Jay-Z's venture firm Marcy Venture Partners, according to the company. How much they've raised: $90 million according to PitchBook. Investors: Dreamers VC, FabFitFun, Marcy Venture Partners Prose Prose Who they are: Prose is a direct-to-consumer brand for personalized hair-care products. The company asks potential customers to take a 30-question survey that takes into account hair type, styling routines, stress levels, and the local environment to determine a personalized set of products for them. The company, which launched in 2017, has seen its revenue triple every year for the past three years, according to Modern Retail. In 2021 alone, Prose brought in $80 million in revenue . How much they've raised: $75 million according to PitchBook. Investors: Forerunner Ventures and Insight Partners Sakara Life Sakara Life Who they are: Sakara Life is an organic and plant-based meal-delivery service. The weekly service varies between $53 and $349 depending on the number of meals that a customer orders. The company also carries a line of supplements and snacks. Since its launch in 2012, Sakara Life has catapulted into a millennial status symbol, according to Insider. That's due in part to the following it has built with celebrities including Gwyneth Paltrow, Lily Aldrridge, Lena Dunham, and Hillary Duff. By 2017, the company had only raised $4.8 million in Series A funding from invdividual investors, according to Crunchbase, but had already delivered 1 million meals . By 2019, the company's customer base had tripled from the two years prior . Sakara Life's most recent round of funding was a $15-million Series B round that Brian Horner at Silas Capital led, according to Crunchbase. How much they've raised: $20 million in funding according to the company. Investors: Silas Capital, Annox Capital, One Better Ventures Shef Shef Who they are: Shef is a marketplace that helps home chefs connect with customers, manage orders, and deliver those orders. The platform partners with cities in 10 states across the country, in addition to Washington DC, and serves 70 million customers, according to the company. Shef focuses on engaging women and people of color and approximately 77% of its network of local cooks are women, and 71% are individuals of color, according to the company. How much they've raised: $28.8 million according to the company. Investors: Andreessen Horowitz, M13, Craft Ventures Deal icon
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Sakara Life Frequently Asked Questions (FAQ)
When was Sakara Life founded?
Sakara Life was founded in 2012.
Where is Sakara Life's headquarters?
Sakara Life's headquarters is located at 580 Broadway, New York.
What is Sakara Life's latest funding round?
Sakara Life's latest funding round is Series B.
How much did Sakara Life raise?
Sakara Life raised a total of $19.8M.
Who are the investors of Sakara Life?
Investors of Sakara Life include Bob Mylod, Silas Capital, Annox Capital, John Replogle, One Better Ventures and 5 more.
Who are Sakara Life's competitors?
Competitors of Sakara Life include Territory.
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Fresh n' Lean is an organic prepared meal delivery service operating in the United States.
Cookunity focuses on great quality, home-style meals from real chefs. Chefs create daily menus, featuring the intersection of timeless classics and reimagined recipes. Each menu item provides well-balanced, nutritious meals that everyone can enjoy.
Territory is a software and logistics management company that is creating a new way for customers to access fresh, ready-to-eat meals and snacks from a network of local chefs online. Customers get access to a wide variety of locally prepared meals with no cooking time that they can pick up at their gym or studio. Local chefs in the Territory network can reach new customers to grow their business and expand use of their staff and facilities.
Freshly is a ready-made meal delivery service focused on delivering prepared meals to customers. The company produces meals from locally sourced and natural ingredients to create ready-to-eat meals. The company provides free overnight and two-day shipping options. It was founded in 2012 and is based in New York, New York. In October 2020, Freshly was acquired by Nestle in the range of $950M to $1500M.
Factor provides an online subscription service that delivers healthy, fully-prepared meals directly to customer's home or office.On November 23rd 2020, Factor was acquired by HelloFresh at a valuation of $277M.
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