Sakara Life fetches $4.8 mln Series A

New York City-based wellness and lifestyle brand Sakara Life has raised $4.8 million in Series A funding. The investors included SV Angel and former Priceline CEO Jeff Boyd.

PRESS RELEASE

NEW YORK – January 5, 2016 — Sakara Life, the healthy lifestyle brand coveted by celebrities and supermodels for its thoughtfully crafted organic meal delivery service and life-changing results, today announced the nationwide expansion of its organic meal delivery program. To help accelerate its scale-up, Sakara Life also announced a $4.8M Series A funding round– the first capital influx since co-founders Whitney Tingle and Danielle DuBoise raised $700 at a dinner party to launch the business in 2012. Participating investors include Jeff Boyd and Bob Mylod, former CEO and CFO of Priceline, who became angel investors after helping to lead one of the great success stories in tech history, as well as SV Angel, among others.

Since shipping its first nutritionally-designed organic meals in NYC in 2012, Sakara Life quickly became a favorite among celebrities such as Chrissy Teigen, Gwyneth Paltrow and Lily Aldridge, whose demand helped drive its expansion throughout the Northeast and to the West Coast in 2015, and to nationwide availability announced today. As of January 2016, Sakara Life is on track to deliver nearly 40,000 meals monthly, and the company expects sales to double in 2016.

“We are seeing massive appetite among consumers to lead healthier lifestyles, but striking a balance between everything else going on in our lives requires time, knowledge and resources that many people don’t have,” said Whitney Tingle co-founder of Sakara Life. “For the past three years, we have been able to create a sustainable business, even in the absence of significant funding, which allowed us to bring these resources to people while still growing in a profitable way. With the additional capital, we want to continue this expansion and remove all the obstacles standing in the way of people accessing this life-changing experience.”

Sakara Life’s true success lies within its sustainable, efficient business model and careful financial planning. The company’s continued momentum at the ultra-high-end of an industry anticipated to reach $1 trillion by 2017 [Nielsen 2015] is reflective of a growing trend among consumers to focus on energy, mindfulness and well-being instead of strictly weight loss or dieting. Sakara Life not only educates its clientele on health, but it delivers the solution straight to their doorsteps, maintaining an innovative edge by consulting nutrition experts, chefs and its advisory board which includes Bobby Flay, to create food that fills the body, mind and soul.

Backed by science and guided by spirit, Sakara Life helps clients reach their goals by reestablishing their relationship with food and their bodies. Sakara Life’s meal delivery program empowers people to harness the power of clean eating without the need to search for hard-to-find ingredients and prepare meals. Instead, ready-to-eat meals are delivered to clients’ doors daily and clients can read Sakara Life’s S-Life Magazine to better understand the impact of their thoughts, actions and food intake on their overall wellbeing — physically, emotionally and spiritually.

Sakara Life is committed to making every element of a meal serve a specific benefit to its clients’ bodies. As such, all meals contain nutrient-dense, plant-based ingredients and are free of dairy, gluten, pesticides, chemicals, additives, preservatives, flavorings and dyes. Sakara Life’s Clean Boutique also offers a fresh new way to shop for food with more than 30 products stocked full of functional ingredients to feed the body’s every need. Complementing the nutritional quality in all of their products is the chic packaging and inviting marketing that accompanies them– a memorable combination contributing to a brand experience that is uniquely-Sakara.

“We are changing the way people feel about food, the way they power their bodies and fuel their ambitions,” said Danielle DuBoise, co-founder of Sakara Life. “We know first hand that what you put into your body forms the building blocks for the rest of your life and affects your relationships, career, happiness, and ability to create. I couldn’t be more excited to spread this knowledge and feeling that so many of our clients already know to more people.”

Through its expanded meal delivery program, clients across the U.S. can sign-up for 3-day or 5-day meal programs (depending on geography), and come February will have the option to “Taste it” — order a single meal program — or “Live it” — subscribe to a recurring weekly meal program, starting at $69 a day. For more information about pricing and program options, visit http://www.sakara.com.

About Sakara Life
Sakara Life is a New York City-based wellness and lifestyle brand providing all the tools for people to live a mindful, healthy life, including delivering organic, nutritionally-designed and ready-to-eat meals directly to clients’ doorsteps. Sakara Life was founded in 2012 by Whitney Tingle and Danielle DuBoise — a former Wall Street executive and model and med student turned holistic nutrition expert — who bootstrapped the company with $700 they raised at a dinner party. Now available across the U.S. with offices in NY and LA, Sakara Life has impacted the lives of thousands of people with a different approach to meal delivery by looking at food holistically and crafting each product to treat the whole body, mentally and physically. For more information, please visit http://www.sakara.com/.