In New York, Daily Harvest, the female-led, New York-based subscription service specializing in frozen, plant-based, one-step-prep foods, announced a $43 million Series B funding round led by Lightspeed Venture Partners with significant participation from VMG Partners. This new round of funding will be used to accelerate product development, expand farm partnerships, enhance customer experience and reach more people across the country.
The direct-to-consumer e-commerce brand has acquired over 100,000 subscribers nationwide and expanded its line of pre-portioned cups to include smoothies, overnight oats, chia parfaits, sundaes, and soups – all ready in minutes.
By partnering with organic farms, Daily Harvest is able to harvest produce at peak ripeness and freeze it on-site, locking in nutrients that typically degrade during the traditional grocery supply chain. Each recipe is co-designed by a Michelin-trained chef and nutritionist, blending farm-frozen produce with superfoods that add both flavor and functional health benefits beyond their nutritional profile.