Sun Basket Status
The company raised $57.8 million in a combination of debt and equity on January 25, 2018, putting the company's pre-money valuation at $465 million. $42.8 million of Series D funding was led by August Capital. $15 million came in the form of Debt Financing from Trinity Capital Investment. Sapphire Ventures, Accolade Partners, Founders Circle, Rembrandt Venture Partners, Vulcan Capital, Relevance Capital, Unilever Ventures, Calibrate Ventures and Correlation Ventures also participated in the round. The funds will be used to expand and personalize meal choices by leveraging customers transaction data, dietary needs, and preferences.