Daring Foods is a producer of plant-based food alternatives as a substitute for chicken. With a mission to create less animal waste, the company features plant-based food products that aim to be more environmentally friendly and sustainable. Daring Foods was founded by Eliott Kessas and Ross Mackay in 2019 and is headquartered in Los Angeles, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/27/2021 | Series C | $53MM | $xx.xx | $328.62MM | Cameron Newton, Chase Coleman, D1 Capital Group, Founders Fund, Naomi Osaka, Steve Aoki | |
Price per Share
$xx.xx
Shares Outstanding
4,088,870
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cameron Newton, Chase Coleman, D1 Capital Group, Founders Fund, Naomi Osaka, Steve Aoki
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05/18/2021 | Series B-1 | $4.01MM | $xx.xx | $135MM | D1 Capital Partners, Drake, Maveron, Palm Tree Crew Investors | |
Price per Share
$xx.xx
Shares Outstanding
595,582
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
D1 Capital Partners, Drake, Maveron, Palm Tree Crew Investors
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05/18/2021 | Series B | $40MM | $xx.xx | $135MM | D1 Capital Partners, Drake, Maveron, Palm Tree Crew Investors | |
Price per Share
$xx.xx
Shares Outstanding
4,757,310
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
D1 Capital Partners, Drake, Maveron, Palm Tree Crew Investors
|
||||||
09/22/2020 | Series A | $8MM | $xx.xx | $28.48MM | Brian Swette, Goodfriends, Maveron, Mike Smith, Palm Tree Crew Investments, Stray Dog Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,757,271
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Brian Swette, Goodfriends, Maveron, Mike Smith, Palm Tree Crew Investments, Stray Dog Capital
|
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09/23/2019 | Series Seed | $719,086.00 | $xx.xx | $2.4MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
924,632
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|