About Sun Basket
Sun Basket is a company based in San Francisco (United States) founded in 2011.. Sun Basket has raised $123.63 million across 8 funding rounds from investors including Robertson Stephens Partners, Roth Capital Partners and Pivot North Capital. The company has 696 employees as of December 31, 2022. Sun Basket operates in a competitive market with competitors including HelloFresh, Blue Apron, Marley Spoon, Home Chef and Green Chef, among others.
- Headquarter San Francisco, United States
- Employees 696 as on 31 Dec, 2022
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Sectors
HealthcareConsumer Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sun Basket, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$123.63 M (USD)
in 8 rounds
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Latest Funding Round
$30 M (USD), Series E
May 21, 2019
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Investors
Robertson Stephens Partners
& 18 more
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Employee Count
696
as on Dec 31, 2022
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Funding Insights of Sun Basket
Sun Basket has successfully raised a total of $123.63M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $30 million completed in May 2019. 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 Total Funding
- Total Rounds 8
- Last Round Series E — $30.0M
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First Round
First Round
(17 Sep 2015)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Series E - Sun Basket | Valuation | PivotNorth Capital | |
| Jan, 2018 | Amount | Series D - Sun Basket | Valuation | August Capital | |
| Jan, 2018 | Amount | Debt – Venture - Sun Basket | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sun Basket
Sun Basket has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include Robertson Stephens Partners, Roth Capital Partners and Pivot North Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Pivot North Capital is involved in capital investment activities.
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Founded Year | Domain | Location | |
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Venture capital firm partnering with enterprise software companies and early-stage funds.
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Founded Year | Domain | Location | |
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Venture capital is invested personally in fewer enterprises, with support provided for building game-changing businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sun Basket
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sun Basket
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sun Basket Comparisons
Competitors of Sun Basket
Sun Basket 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 HelloFresh, Blue Apron, Marley Spoon, Home Chef and Green Chef, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Meal recipe kits are delivered through a weekly subscription service.
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| domain | founded_year | HQ Location |
Subscription-based meal kits with pre-measured ingredients are delivered weekly.
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| domain | founded_year | HQ Location |
Internet first brand for meal kits
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| domain | founded_year | HQ Location |
Platform offering recipe meal kit delivery services
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| domain | founded_year | HQ Location |
Organic meal kits are delivered through subscription service.
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| domain | founded_year | HQ Location |
Plant-based ready-to-eat meals are delivered online by Sakara Life.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sun Basket
Frequently Asked Questions about Sun Basket
When was Sun Basket founded?
Sun Basket was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Sun Basket located?
Sun Basket is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Sun Basket a funded company?
Sun Basket is a funded company, having raised a total of $123.63M across 8 funding rounds to date. The company's 1st funding round was a Series D of $42.83M, raised on Sep 17, 2015.
How many employees does Sun Basket have?
As of Dec 31, 2022, the latest employee count at Sun Basket is 696.
What does Sun Basket do?
Sun Basket was founded in 2011 in San Francisco, United States, and operates in the meal kit delivery sector. Subscription boxes with pre-measured ingredients are offered, allowing customers to select weekly meals or menu plans that include paleo, gluten-free, and vegetarian options. Recipes are designed for preparation in 30 minutes or less. A mobile application is provided for Android and iOS devices to facilitate ordering and management.
Who are the top competitors of Sun Basket?
Sun Basket's top competitors include HelloFresh, Blue Apron and Home Chef.
Who are Sun Basket's investors?
Sun Basket has 19 investors. Key investors include Robertson Stephens Partners, Roth Capital Partners, Pivot North Capital, Sapphire Ventures, and August Capital.