About Daily Blends
Daily Blends is a company based in Toronto (Canada) founded in 2014 by Purva Gupta and Shriya Gupta. Daily Blends has raised $2 million across 1 funding round from investors including Hustle Fund, 2048 Ventures and Metrolinx. Daily Blends operates in a competitive market with competitors including KitchenMate, Signifi, PizzaForno, Cubbi and Generation NEXT Franchise Brands, among others.
- Headquarter Toronto, Canada
- Founders Purva Gupta, Shriya Gupta
- SectorsConsumerTechnology Retail
- Email••••••••
- Website dailyblends.com
- Social LinkedIn
- Total Equity Funding$2M (USD)
in 1 rounds
- Latest Funding Round$2M (USD), Seed
Mar 2023
- InvestorsHustle Fund
& 2 more
Funding Insights of Daily Blends
Daily Blends has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2M
- Total Rounds 1
- Last Round Seed — $2M
- First Round $2M
(Mar 2023)
- Investors Count 3
All 1 funding rounds of Daily Blends with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $2M | Seed | – | Hustle Fund, 2048 Ventures |
3 investors in total: 3 institutional.
Investors in Daily Blends
Daily Blends has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Hustle Fund, 2048 Ventures and Metrolinx.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage startups are funded by this venture capital firm. | – | hustlefund.vc | San Carlos, United States | |
Early-stage venture capital investments are provided by 2048 Ventures. | – | 2048.vc | New York, United States | |
Metrolinx is tasked with coordinating transportation in Ontario. | 2006 | metrolinx.com | Toronto, Canada |
Investor details for Daily Blends
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Daily Blends
2 people are tracked at Daily Blends (2 in leadership).
| Name | Role | Group |
|---|---|---|
Purva Gupta | Co-Founder & CTO | Leadership |
Shriya Gupta | Co-Founder & CEO | Leadership |
Complete people profiles for Daily Blends
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Daily Blends
2 dated milestones of Daily Blends across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Daily Blends is founded.
- Funding First funding round of $2.0M.
Competitors of Daily Blends
Daily Blends operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KitchenMate, Signifi, PizzaForno, Cubbi and Generation NEXT Franchise Brands, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kitchenmate.com | 2014 | Toronto, Canada | $3.62M | 30 | Automated vending machines for fresh meals are provided by KitchenMate. | |
| signifi.com | 2005 | Mississauga, Canada | – | 84 | Automated retail vending kiosks for smart machines are provided. | |
| pizzaforno.com | 2018 | Brampton, Canada | – | – | Automated vending machines deliver fresh pizzas on demand to consumers. | |
| cub.bi | 2019 | Saskatoon, Canada | $1.06M | – | Cubbi is recognized as an all-in-one food service platform for businesses. | |
| gennextbrands.com | 2010 | San Diego, United States | – | – | Provides automated robotic vending solutions for franchise businesses. | |
| upmeals.com | 2019 | Vancouver, Canada | $800,000 | – | Corporate catering and AI-based vending solutions are offered. | |
| pascalpress.com | 2016 | London, Canada | – | – | Portable coffee brewing machines are manufactured using patented designs. |
Detailed competitors of Daily Blends
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Daily Blends
Complete news archive for Daily Blends
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Daily Blends
10 companies that operate in the same segment as Daily Blends (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 7,780 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 590.8 M | – | – | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 1.15 B | USD 6.15 B | 5,700 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – | |
Food delivery services are offered in major Indian cities. | 2012 | Mumbai, Maharashtra, India | USD 97.72 M | USD 39.01 M | 3,150 |
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Frequently Asked Questions about Daily Blends
Daily Blends was founded in 2014 and raised its 1st funding round 9 years after it was founded.
Daily Blends is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Shriya Gupta is the current CEO of Daily Blends. They have also founded this company.
Daily Blends is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Mar 2023.
Founded in 2014 in Toronto, Canada, Daily Blends operates in the food technology sector. Automated refrigerators are stocked with prepared meals including salads, bowls, and snacks, curated by chefs. Customers locate nearby units through a mobile application, browse available options, select items, and complete contactless payments on smartphones before retrieving their orders.
Daily Blends's top competitors include Signifi, KitchenMate and Cubbi.
Daily Blends has 3 investors. Key investors include Hustle Fund, 2048 Ventures, and Metrolinx.