Healthy Cooking Service Sun Basket Raises $11.6M in Series A Funding

SunBasketLogoSun Basket, a San Francisco, CA-based healthy cooking service, raised $11.6m in Series A funding.

The round was led by Paul Allen’s Vulcan Capital, PivotNorth, and Robertson Stephens Partners, with participation from Baseline Ventures, The Tyler Florence Group, Rembrandt Ventures, Correlation Ventures, Relevance Capital, Roth Capital, Filter14, and other venture capital firms and angel investors.

The company, which secured $4.5m in funding in September 2015, and has since raised an additional $7.1m, intends to use the funds for national expansion, the opening of a new East Coast distribution center, and hiring of new people.

Led by Adam Zbar, CEO and Founder, Don Barnett, COO, Justine Kelly, Executive Chef, Sun Basket is an innovative healthy cooking service, which delivers organic, pre-measured ingredients and recipes weekly to consumers’ homes. In addition to its 65,000 square-foot facility in San Jose, CA, which services eight Western states, the company has opened its first East Coast distribution center in New Jersey, which expands its reach to 34 U.S. States.

FinSMEs

23/05/2016

 

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