The round was led by Unilever Ventures, the venture capital and private equity arm of Unilever, along with Baseline Ventures and Founders Circle Capital. The Series C-2 investment increases Sun Basket’s Series C to $24.2M, as the company raised $15M in Q1.
C-1 and C-2 investors and growth partners also include PivotNorth Capital, Accolade Partners, Sapphire Ventures, Shea Ventures, Relevance Capital, Vulcan Capital, Filter 14, and Silicon Valley Bank.
The company, which has raised $52M in total, will use the new funds to scale nationally.
Founded in 2014 by Adam Zbar and Chef Justine Kelly, Sun Basket is a cooking service, which delivers organic, pre-measured ingredients and recipes weekly to customers. Personalized for people’s lifestyle and diet, the company provides a Chef’s Basket, along with Gluten-Free, Paleo and Vegetarian meal options.
This C2 funding round coincides with the launch of Sun Basket’s Midwest facility, which, combined with its West and East Coast facilities, allows the company to reach 98% of zip codes in the U.S.
FinSMEs
11/05/2017