Sakara Life operates a direct-to-consumer meal-delivery program focused on 100% organic, nutritionally-designed plant-based meals, plus a digital marketplace with more than 30 branded functional snacks, supplements and ingestible wellness products. The company plans to expand beyond food into broader CPG categories, debuting a line of supplements and moving into beauty and personal care, while launching a mobile app and enhanced user interface. Sakara is investing in sustainable packaging (current packaging uses recycled water bottles and the company aims for 100% recyclable/compostable/biodegradable packaging by 2023), talent acquisition across its bi-coastal team, and a $1M give-back initiative over three years. Operational highlights in the articles include nearly 2 million meals sold in 2020, a workforce of 172 employees, nationwide availability, and offices in New York and Los Angeles. Financially, the company reported turning a $5M 2015 raise into immediate profitability within one year, delivering 15x revenue growth to date, and is expected to approach $150 million in profitable revenue this year. The new funding is intended to accelerate product innovation, technology, sustainability practices, and expansion of the company’s CPG arm. Sakara Life offers organic, nutritionally-designed, plant-based ready-to-eat meals delivered to customers' doors and operates a Clean Boutique retail line of more than 30 functional food products. All meals are free of dairy, gluten, pesticides, chemicals, additives, preservatives, flavorings and dyes, and the company consults nutrition experts, chefs and an advisory board that includes Bobby Flay. Customers can sign up for 3-day or 5-day meal programs and choose either a single "Taste it" option or a recurring weekly "Live it" subscription starting at $69 per day. Founded in 2012, Sakara expanded from initial NYC shipments to the Northeast, the West Coast in 2015, and has announced nationwide availability; it maintains offices in New York and Los Angeles. As of January 2016 the company was on track to deliver nearly 40,000 meals monthly and expected sales to double in 2016. Sakara reports it built a sustainable, profitable business since launch and aims to use additional capital to continue expansion and remove barriers to access for its programs.

Total raised

$20M

Funding rounds

2

Latest round

Series B

Latest activity

Mar 2021