Daily Harvest Secures Series D Financing
Gunderson Dettmer represented client Daily Harvest, a provider of subscription-based food delivery services, in its Series D financing led by Lone Pine Capital. The new capital values the company at over $1 billion and will enable it to make organic and regenerative fruits and vegetables more accessible across the country.
In the announcement of the transaction, founder and CEO of Daily Harvest Rachel Drori said, “Fruits and vegetables are an essential part of living a longer life on a healthier planet. The Daily Harvest platform has removed the friction between the intent and the action of eating more of them every day. With this investment, we will continue to anticipate the needs of our growing customer base, meeting them in new places with new food.”
The Gunderson deal team was led by Melissa Marks and included Jake Ornstein, Saarah Woodby, Donavan Westbrook, Ruchir Patel, and Alexandra Guttman.