Splendid Spoon offers ready-made plant-based soups, bowls and smoothies that are vegan, non-GMO, gluten-free and organic, sold via a subscription-based DTC model with on-demand shopping available without committing to a plan. The company was founded in 2013 by Nicole Centeno and later added co-CEO Elise Densborn in 2018. It delivers to every state in the continental U.S. and sells more than 50 plant-based items. The business has grown rapidly: it reports over 20,000 subscribers, has doubled its growth rate since 2020 and says it has averaged 100% year-over-year growth. The team has expanded to 34 employees from 15 at the start of 2021, and management says recent investment generated $15 in revenue for every dollar invested in recent years. Planned uses for new capital include scaling the core product line, adding new products, categories and meal programs, hiring, and developing go-to-market strategy for supplements, other foods and channels beyond direct-to-consumer.

Total raised

$12M

Funding rounds

1

Latest round

Series B

Latest activity

Feb 2022