Rachel Drori, Founder and President of plant-based frozen food company Daily Harvest talks the company’s recent $43 million funding round and its growth since its 2015 founding.
The company has attracted celebrity investors like Gwyneth Paltrow and Serena Williams, with this latest round led by Cheddar investor Lightspeed Venture Partners. Drori talks the inspiration behind the company and why its unprocessed, direct-to-consumer product stands out from others on the market.
The company touts that all products are plant-based and made with whole, unrefined, organic ingredients. The frozen format means a long shelflife and ability to utilize "ugly" fruits and vegetables, reducing waste throughout the supply chain.
Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.
You don’t have to be an Olympic-level athlete to wear On’s shoes or apparel, but the company will use the 2024 games to continue growing its footprint.
Companies are making money, the economy is cooling down, and a rate cut or two possible by the fall? It might be time to break out the cautious optimism.
Fed Chair Jerome Powell reported that rates would likely remain elevated due to sticky inflation. Zillow breaks down how this could impact the housing market.