Business for Good Podcast From Home-Made Smoothies to $200 million in Revenue: Daily Harvest's Journey
Imagine thinking it would be a good idea to try to help people eat more fruits and vegetables, so you start making whole foods smoothies for your friends and family. Soon you're selling them to more people than you personally know. Next thing you know, you're running an all-vegan frozen meal company with hundreds of millions of dollars in revenue, a billion dollar-plus valuation, and hundreds of thousands of customers all enjoying your whole foods plant-based meals.
That's the true story of Rachel Drori, founder of Daily Harvest, whose success with the company landed her on Forbes' list of America's Wealthiest Self-Made Women.
But it wasn't all success along the way. Two years ago, after the company had achieved its unicorn status, tragedy struck. Dozens of people were sickened by one of their products, and it wasn't clear why. Some people were even hospitalized. In addition to the serious suffering of some of its customers, the crisis captivated national headlines, threatening to put an end to the Daily Harvest story after so much growth and success. Eventually, the root cause of the problem was found: A little-known ingredient called tara flour (not to be confused with taro flour) caused a seemingly allergic reaction in a small number of people—and policies were put in place to prevent a recurrence.
Yet, the story didn't end there.
In the two years since the tragedy, Daily Harvest has since branched out away from just direct-to-consumer sales and is now in thousands of supermarkets too, making it easier than ever for consumers to choose healthy plant-based meals. And as you'll hear in this conversation with Rachel, they've even achieved that lucrative land known as profitability.
So, how did this all happen, and what's next for Daily Harvest? Listen to the episode to find out.
Discussed in this episode
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Rachel recommends Brené Brown's Power of Vulnerability TED Talk—apparently 65 million viewers agree.
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Some Daily Harvest meals are about $5 per serving.
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Rachel landed on Forbes' list of America's Wealthiest Self-Made Women
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Our past episode with Doug Evans of Juicero.
More about Rachel Drori, Founder of Daily Harvest
Rachel Drori is taking care of food, so food can take care of you. As the Founder of Daily Harvest, Rachel and the company are on a mission to improve human and planetary health by making it convenient to eat more sustainably grown, organic fruits and vegetables every day.
Since launching the business out of the trunk of her car in 2015, more than 20 million pounds of sustainably grown fruits and vegetables have been delivered to consumers' doorsteps while supporting farmers' transition to regenerative and organic practices.
Drori founded Daily Harvest with just 12 smoothies. The company, now valued at over $1 billion, offers meals and snacks for any time of day. In 2023, the company built on its successful direct-to-consumer business with its launch into national retail. Daily Harvest is now found in the freezer section of grocery stores across the country.
Prior to Daily Harvest, Drori spent years honing her skills as a customer-centric marketing executive, leading teams at Gilt Groupe, American Express and Four Seasons Hotels and Resorts. She has been named one of Inc.'s "Female Founders 100". Drori graduated from the University of Pennsylvania and earned an MBA from Columbia Business School. She lives in NYC with her husband and two sons.