Perfect Day valuation, funding and investors
Perfect Day works in precision fermentation technology research and development, based in Berkeley, United States. Founded in 2014, it has about 327 employees.
Series E
VALUATION · TODAY
$1.24B −22% after Series E
Range $249M – $2.20B · Grade DTODAY
+12 MO
$2.00B
$4.00B
$6.00B
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series A $24.7M
Series C $140M
Series D $350M
Series E $90.0M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY327 employees
+5%6m growth
+7%1y growth
+2%2y growth
250
500
Data from Feb 2022
Predicted in 1 yr $968M −22% vs today
Predicted next raise $160M if a round comes
Winding-down probability 20%
- Last round
- Series E · $90.0M · Jan 2024
- Valuation at last round
- $1.13B · implied
- Headcount
- 327 · flat
- Grade
- D
- Founded
- 2014
Perfect Day valuation today
VCMC values Perfect Day at $1.2B today, with a range of $249M to $2.2B and a grade of D. The valuation starts from its last funding round, a Series E round in Jan 2024.
Valuation by date (158 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2014 | $4.90M | $1.78M – $13.4M | $5.13M (+5%) | before first round | – | unknown | D | 0% |
| 1 Feb 2014 | $4.92M | $1.79M – $13.5M | $5.15M (+5%) | before first round | – | unknown | D | 0% |
| 1 Mar 2014 | $4.93M | $1.80M – $13.6M | $5.17M (+5%) | before first round | – | unknown | D | 0% |
| 1 Apr 2014 | $4.95M | $1.80M – $13.6M | $5.19M (+5%) | before first round | – | unknown | D | 0% |
| 1 May 2014 | $4.97M | $1.81M – $13.7M | $5.21M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jun 2014 | $4.99M | $1.82M – $13.7M | $5.23M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jul 2014 | $5.01M | $1.82M – $13.8M | $5.25M (+5%) | before first round | – | unknown | D | 0% |
| 1 Aug 2014 | $5.03M | $1.83M – $13.8M | $5.27M (+5%) | before first round | – | unknown | D | 0% |
| 1 Sep 2014 | $5.05M | $1.84M – $13.9M | $5.29M (+5%) | before first round | – | unknown | D | 0% |
| 1 Oct 2014 | $5.07M | $1.85M – $13.9M | $5.31M (+5%) | before first round | – | unknown | D | 0% |
| 1 Nov 2014 | $5.09M | $1.85M – $14.0M | $5.33M (+5%) | before first round | – | unknown | D | 0% |
| 1 Dec 2014 | $5.11M | $1.86M – $14.0M | $5.36M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jan 2015 | $5.13M | $1.87M – $14.1M | $5.38M (+5%) | before first round | – | unknown | D | 0% |
| 1 Feb 2015 | $5.15M | $1.88M – $14.2M | $5.40M (+5%) | before first round | – | unknown | D | 0% |
| 1 Mar 2015 | $5.17M | $1.88M – $14.2M | $5.42M (+5%) | before first round | – | unknown | D | 0% |
| 1 Apr 2015 | $5.19M | $1.89M – $14.3M | $5.44M (+5%) | before first round | – | unknown | D | 0% |
| 1 May 2015 | $5.21M | $1.90M – $14.3M | $5.46M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jun 2015 | $5.23M | $1.90M – $14.4M | $5.48M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jul 2015 | $5.25M | $1.91M – $14.4M | $5.50M (+5%) | before first round | – | unknown | D | 0% |
| 1 Aug 2015 | $5.27M | $1.92M – $14.5M | $5.65M (+7%) | before first round | – | unknown | D | 0% |
| 1 Sep 2015 | $5.29M | $1.93M – $14.5M | $5.80M (+10%) | before first round | – | unknown | D | 0% |
| 1 Oct 2015 | $5.31M | $1.93M – $14.6M | $5.95M (+12%) | before first round | – | unknown | D | 0% |
| 1 Nov 2015 | $5.33M | $1.94M – $14.7M | $6.11M (+15%) | before first round | – | unknown | D | 0% |
| 1 Dec 2015 | $5.36M | $1.95M – $14.7M | $6.27M (+17%) | before first round | – | unknown | D | 0% |
| 1 Jan 2016 | $5.38M | $1.96M – $14.8M | $6.45M (+20%) | before first round | – | unknown | D | 0% |
| 1 Feb 2016 | $5.40M | $1.97M – $14.8M | $6.62M (+23%) | before first round | – | unknown | D | 0% |
| 1 Mar 2016 | $5.42M | $1.97M – $14.9M | $6.79M (+25%) | before first round | – | unknown | D | 0% |
| 1 Apr 2016 | $5.44M | $1.98M – $14.9M | $6.97M (+28%) | before first round | – | unknown | D | 0% |
| 1 May 2016 | $5.46M | $1.99M – $15.0M | $7.16M (+31%) | before first round | – | unknown | D | 0% |
| 1 Jun 2016 | $5.48M | $2.00M – $15.1M | $7.35M (+34%) | before first round | – | unknown | D | 0% |
| 1 Jul 2016 | $5.50M | $2.00M – $15.1M | $7.54M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2016 | $5.65M | $2.06M – $15.5M | $7.75M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2016 | $5.80M | $2.11M – $15.9M | $7.96M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2016 | $5.96M | $2.17M – $16.4M | $8.17M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2016 | $6.12M | $2.23M – $16.8M | $8.39M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2016 | $6.28M | $2.29M – $17.2M | $8.61M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2017 | $6.45M | $2.35M – $17.7M | $8.84M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2017 | $6.62M | $2.41M – $18.2M | $9.08M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2017 | $6.78M | $2.47M – $18.6M | $9.30M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2017 | $6.97M | $2.54M – $19.1M | $9.55M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2017 | $7.15M | $2.60M – $19.6M | $9.80M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2017 | $7.34M | $2.67M – $20.2M | $10.1M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2017 | $7.54M | $2.74M – $20.7M | $10.3M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2017 | $7.74M | $2.82M – $21.3M | $10.6M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2017 | $7.95M | $2.89M – $21.8M | $10.9M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2017 | $8.16M | $2.97M – $22.4M | $11.2M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2017 | $8.38M | $3.05M – $23.0M | $11.5M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2017 | $8.60M | $3.13M – $23.6M | $11.8M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2018 | $8.84M | $3.22M – $24.3M | $12.1M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2018 | $9.08M | $3.30M – $24.9M | $12.4M (+37%) | before first round | – | unknown | D | 0% |
| 28 Feb 2018 | $137M | $90.2M – $376M | $247M (+80%) | after a round | – | unknown | C | 0% |
| 1 Mar 2018 | $138M | $90.2M – $376M | $247M (+79%) | after a round | – | unknown | C | 0% |
| 1 Apr 2018 | $145M | $90.2M – $376M | $247M (+71%) | after a round | – | unknown | C | 0% |
| 1 May 2018 | $152M | $90.2M – $376M | $247M (+63%) | after a round | – | unknown | C | 0% |
| 1 Jun 2018 | $160M | $90.2M – $376M | $247M (+55%) | after a round | – | unknown | C | 0% |
| 1 Jul 2018 | $168M | $90.2M – $376M | $247M (+47%) | after a round | – | unknown | C | 0% |
| 1 Aug 2018 | $176M | $90.2M – $376M | $247M (+40%) | after a round | – | unknown | C | 0% |
| 1 Sep 2018 | $185M | $90.2M – $376M | $247M (+33%) | after a round | – | unknown | C | 0% |
| 1 Oct 2018 | $194M | $90.2M – $376M | $247M (+27%) | after a round | – | unknown | C | 0% |
| 1 Nov 2018 | $204M | $90.2M – $376M | $247M (+21%) | after a round | – | unknown | C | 0% |
| 1 Dec 2018 | $214M | $90.2M – $376M | $247M (+15%) | after a round | – | unknown | C | 0% |
| 1 Jan 2019 | $225M | $90.2M – $376M | $247M (+10%) | after a round | – | unknown | C | 0% |
| 1 Feb 2019 | $237M | $90.2M – $376M | $247M (+4%) | after a round | – | unknown | C | 0% |
| 1 Mar 2019 | $247M | $89.9M – $376M | $247M (0%) | after a round | – | unknown | C | 0% |
| 1 Apr 2019 | $247M | $85.4M – $376M | $247M (0%) | after a round | – | unknown | C | 0% |
| 1 May 2019 | $247M | $81.3M – $376M | $247M (0%) | after a round | – | unknown | C | 0% |
| 1 Jun 2019 | $247M | $77.3M – $376M | $247M (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2019 | $247M | $73.6M – $376M | $247M (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2019 | $247M | $69.9M – $376M | $247M (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2019 | $247M | $66.5M – $376M | $247M (0%) | after a round | – | unknown | C | 0% |
| 1 Oct 2019 | $247M | $63.3M – $376M | $247M (0%) | after a round | – | unknown | C | 0% |
| 1 Nov 2019 | $247M | $60.1M – $376M | $247M (0%) | after a round | – | unknown | C | 0% |
| 1 Dec 2019 | $247M | $57.2M – $376M | $247M (0%) | after a round | – | unknown | C | 0% |
| 12 Dec 2019 | $952M | $670M – $1.8B | $1.2B (+30%) | after a round | – | unknown | B | 0% |
| 1 Jan 2020 | $966M | $670M – $1.8B | $1.2B (+28%) | after a round | – | unknown | B | 0% |
| 1 Feb 2020 | $987M | $670M – $1.8B | $1.2B (+25%) | after a round | – | unknown | B | 0% |
| 1 Mar 2020 | $1.0B | $670M – $1.8B | $1.2B (+23%) | after a round | – | unknown | B | 0% |
| 1 Apr 2020 | $1.0B | $670M – $1.8B | $1.2B (+20%) | after a round | – | unknown | B | 0% |
| 1 May 2020 | $1.1B | $670M – $1.8B | $1.2B (+17%) | after a round | – | unknown | B | 0% |
| 1 Jun 2020 | $1.1B | $670M – $1.8B | $1.2B (+15%) | after a round | – | unknown | B | 0% |
| 1 Jul 2020 | $1.1B | $670M – $1.8B | $1.2B (+12%) | after a round | – | unknown | B | 0% |
| 1 Aug 2020 | $1.1B | $670M – $1.8B | $1.2B (+10%) | after a round | – | unknown | B | 0% |
| 1 Sep 2020 | $1.2B | $670M – $1.8B | $1.2B (+7%) | after a round | – | unknown | B | 0% |
| 1 Oct 2020 | $1.2B | $670M – $1.8B | $1.2B (+5%) | after a round | – | unknown | B | 0% |
| 1 Nov 2020 | $1.2B | $670M – $1.8B | $1.2B (+3%) | after a round | – | unknown | B | 0% |
| 1 Dec 2020 | $1.2B | $670M – $1.8B | $1.2B (+1%) | after a round | – | unknown | B | 0% |
| 1 Jan 2021 | $1.2B | $649M – $1.8B | $1.2B (0%) | after a round | – | unknown | B | 0% |
| 1 Feb 2021 | $1.2B | $619M – $1.8B | $1.2B (0%) | after a round | – | unknown | B | 0% |
| 1 Mar 2021 | $1.2B | $594M – $1.8B | $1.2B (0%) | after a round | – | unknown | B | 0% |
| 1 Apr 2021 | $1.2B | $567M – $1.8B | $1.2B (0%) | after a round | – | unknown | B | 0% |
| 1 May 2021 | $1.2B | $542M – $1.8B | $1.2B (0%) | after a round | – | unknown | B | 0% |
| 1 Jun 2021 | $1.2B | $518M – $1.8B | $1.2B (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2021 | $1.2B | $495M – $1.8B | $1.2B (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2021 | $1.2B | $472M – $1.8B | $1.2B (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2021 | $1.2B | $451M – $1.8B | $1.2B (0%) | after a round | – | unknown | C | 0% |
| 1 Oct 2021 | $1.5B | $1.3B – $2.2B | $2.0B (+30%) | after a round | – | unknown | A | 0% |
| 1 Nov 2021 | $1.5B | $1.3B – $2.2B | $2.0B (+27%) | after a round | – | unknown | A | 0% |
| 1 Dec 2021 | $1.6B | $1.3B – $2.2B | $2.0B (+24%) | after a round | – | unknown | A | 0% |
| 1 Jan 2022 | $1.6B | $1.3B – $2.2B | $2.0B (+22%) | after a round | – | unknown | A | 0% |
| 1 Feb 2022 | $1.6B | $1.3B – $2.2B | $2.0B (+19%) | after a round | 8 | unknown | A | 0% |
| 1 Mar 2022 | $1.7B | $1.3B – $2.2B | $2.0B (+17%) | after a round | 8 | unknown | A | 0% |
| 1 Apr 2022 | $1.7B | $1.3B – $2.2B | $2.0B (+14%) | after a round | 8 | unknown | A | 0% |
| 1 May 2022 | $1.7B | $1.3B – $2.2B | $2.0B (+12%) | after a round | 8 | unknown | A | 0% |
| 1 Jun 2022 | $1.8B | $1.3B – $2.2B | $2.0B (+9%) | after a round | 8 | unknown | A | 0% |
| 1 Jul 2022 | $1.8B | $1.3B – $2.2B | $2.0B (+7%) | after a round | 8 | unknown | A | 0% |
| 1 Aug 2022 | $1.9B | $1.3B – $2.2B | $2.0B (+4%) | after a round | 8 | unknown | A | 0% |
| 1 Sep 2022 | $1.9B | $1.3B – $2.2B | $2.0B (+2%) | after a round | 8 | unknown | A | 0% |
| 1 Oct 2022 | $2.0B | $1.3B – $2.2B | $2.0B (0%) | after a round | 8 | unknown | A | 0% |
| 1 Nov 2022 | $2.0B | $1.2B – $2.2B | $2.0B (0%) | after a round | 8 | unknown | A | 0% |
| 1 Dec 2022 | $2.0B | $1.2B – $2.2B | $2.0B (0%) | after a round | 8 | unknown | B | 0% |
| 1 Jan 2023 | $4.4B | $1.6B – $5.1B | $4.4B (0%) | after a round | 340 | growing | B | 0% |
| 1 Feb 2023 | $4.4B | $1.8B – $5.1B | $4.4B (0%) | after a round | 340 | growing | B | 0% |
| 1 Mar 2023 | $4.4B | $1.9B – $5.1B | $4.4B (0%) | after a round | 340 | growing | B | 0% |
| 1 Apr 2023 | $4.4B | $2.0B – $5.1B | $4.4B (0%) | after a round | 340 | growing | B | 0% |
| 1 May 2023 | $4.4B | $2.2B – $5.1B | $4.4B (0%) | after a round | 340 | growing | B | 0% |
| 1 Jun 2023 | $4.4B | $2.4B – $5.1B | $4.4B (0%) | after a round | 340 | growing | B | 0% |
| 1 Jul 2023 | $4.4B | $2.5B – $5.1B | $4.4B (0%) | after a round | 340 | growing | B | 0% |
| 1 Aug 2023 | $4.4B | $2.7B – $5.1B | $4.4B (0%) | after a round | 340 | growing | B | 0% |
| 1 Sep 2023 | $4.4B | $1.7B – $5.1B | $4.4B (0%) | after a round | 340 | unknown | B | 0% |
| 1 Oct 2023 | $4.6B | $2.4B – $5.2B | $4.6B (0%) | after a round | 380 | up | B | 0% |
| 1 Nov 2023 | $4.6B | $2.4B – $5.2B | $4.5B (-1%) | after a round | 380 | up | B | 0% |
| 1 Dec 2023 | $4.6B | $2.3B – $5.2B | $4.5B (-1%) | after a round | 380 | up | B | 0% |
| 1 Jan 2024 | $4.6B | $2.3B – $5.2B | $4.5B (-2%) | after a round | 380 | up | B | 0% |
| 6 Jan 2024 | $1.1B | $739M – $2.2B | $1.5B (+30%) | after a round | 380 | up | B | 0% |
| 1 Feb 2024 | $1.1B | $739M – $2.2B | $1.5B (+28%) | after a round | 340 | flat | B | 0% |
| 1 Mar 2024 | $1.2B | $739M – $2.2B | $1.5B (+25%) | after a round | 340 | flat | B | 0% |
| 1 Apr 2024 | $1.2B | $739M – $2.2B | $1.5B (+22%) | after a round | 340 | flat | B | 0% |
| 1 May 2024 | $1.2B | $739M – $2.2B | $1.5B (+19%) | after a round | 340 | flat | B | 0% |
| 1 Jun 2024 | $1.3B | $739M – $2.2B | $1.5B (+17%) | after a round | 340 | flat | B | 0% |
| 1 Jul 2024 | $1.3B | $739M – $2.2B | $1.5B (+14%) | after a round | 340 | flat | B | 0% |
| 1 Aug 2024 | $1.1B | $729M – $1.8B | $1.0B (-10%) | after a round | 320 | down | B | 84% |
| 1 Sep 2024 | $1.1B | $729M – $1.8B | $1.0B (-12%) | after a round | 320 | down | B | 84% |
| 1 Oct 2024 | $1.1B | $729M – $1.8B | $985M (-14%) | after a round | 320 | down | B | 84% |
| 1 Nov 2024 | $1.1B | $724M – $1.7B | $908M (-18%) | after a round | 310 | down | B | 95% |
| 1 Dec 2024 | $1.1B | $724M – $1.7B | $890M (-20%) | after a round | 310 | down | B | 95% |
| 1 Jan 2025 | $1.1B | $724M – $1.7B | $871M (-22%) | after a round | 310 | down | B | 95% |
| 1 Feb 2025 | $1.1B | $692M – $1.7B | $822M (-25%) | after a round | 310 | down | B | 95% |
| 1 Mar 2025 | $1.1B | $661M – $1.7B | $804M (-25%) | after a round | 310 | down | B | 95% |
| 1 Apr 2025 | $1.1B | $628M – $1.8B | $785M (-25%) | after a round | 310 | down | B | 95% |
| 1 May 2025 | $1.1B | $599M – $1.8B | $806M (-24%) | after a round | 310 | flat | B | 88% |
| 1 Jun 2025 | $1.1B | $571M – $1.8B | $827M (-22%) | after a round | 310 | flat | B | 81% |
| 1 Jul 2025 | $1.1B | $538M – $1.9B | $844M (-21%) | after a round | 303 | down | C | 74% |
| 1 Aug 2025 | $1.1B | $513M – $1.9B | $868M (-20%) | after a round | 307 | down | C | 68% |
| 1 Sep 2025 | $1.1B | $487M – $1.9B | $889M (-18%) | after a round | 307 | down | C | 63% |
| 1 Oct 2025 | $1.1B | $472M – $2.0B | $910M (-17%) | after a round | 307 | flat | C | 58% |
| 1 Nov 2025 | $1.1B | $452M – $2.0B | $935M (-16%) | after a round | 312 | flat | C | 53% |
| 1 Dec 2025 | $1.1B | $432M – $2.0B | $956M (-15%) | after a round | 312 | flat | C | 49% |
| 1 Jan 2026 | $1.1B | $412M – $2.1B | $976M (-14%) | after a round | 312 | flat | C | 45% |
| 1 Feb 2026 | $1.1B | $380M – $2.1B | $946M (-16%) | after a round | 312 | flat | C | 41% |
| 1 Mar 2026 | $1.1B | $363M – $2.1B | $961M (-16%) | after a round | 312 | flat | C | 38% |
| 1 Apr 2026 | $1.2B | $345M – $2.1B | $974M (-15%) | after a round | 312 | flat | C | 35% |
| 1 May 2026 | $1.2B | $331M – $2.1B | $998M (-15%) | after a round | 323 | flat | C | 32% |
| 1 Jun 2026 | $1.2B | $315M – $2.2B | $1.0B (-14%) | after a round | 323 | flat | C | 30% |
| 1 Jul 2026 | $1.2B | $300M – $2.2B | $1.0B (-14%) | after a round | 327 | flat | C | 27% |
| 1 Aug 2026 | $1.2B | $286M – $2.2B | $1.0B (-14%) | after a round | 327 | flat | D | 25% |
| 1 Sep 2026 | $1.2B | $271M – $2.2B | $1.1B (-14%) | after a round | 327 | flat | D | 23% |
| 1 Oct 2026 | $1.2B | $258M – $2.2B | $1.1B (-13%) | after a round | 327 | flat | D | 21% |
| 24 Oct 2026 | $1.2B | $249M – $2.2B | $968M (-22%) | after a round | 327 | flat | D | 20% |
Key facts about Perfect Day
- Founded
- 2014
- Headquarters
- Berkeley, United States
- Employees
- about 327 +5% in a year
- Total raised
- $605M
- Funding rounds
- 4
- Last round
- Series E Jan 2024
Perfect Day was founded in 2014 by Isha Datar, Perumal Gandhi and Ryan Pandya.
Perfect Day funding history
Perfect Day has 4 funding rounds on record, from Feb 2018 to Jan 2024, $605M in total. The latest disclosed valuation is $1.50B post-money (Series D, Sep 2021).
Series E 5 Jan 2024
Led by Internal Investors.
Sources: greenqueen.com.hk, perfectday.com, greenqueen.com.hk and 5 more
$90M
Series D 30 Sep 2021
Led by Temasek, Canada Pension Plan Investment Board; with Horizons Ventures, SK, Inc..
Sources: perfectday.com, prnewswire.com, fooddive.com and 6 more
$350M
$1.50B post-money
$140M
Series A 27 Feb 2018
Led by Temasek; with Horizons Ventures, Continental Grain Company, Iconiq Capital, Lion Ventures, Verus International.
Sources: prnewswire.com, foodnavigator.com, foodingredientsfirst.com and 1 more
$25M
Perfect Day investors
9 investors have backed Perfect Day; Temasek, Canada Pension Plan Investment Board and Internal Investors led at least one round.
- Temasek lead, 3 rounds
- Canada Pension Plan Investment Board lead
- Internal Investors lead
- Iconiq Capital
- Lion Ventures
- SK, Inc.
- Verus International
What Perfect Day does
Perfect Day works in dairy products - farms & stores, with 16 recorded offerings and customers in food and beverage.
Perfect Day, Inc. is an American food technology company engaged in the development and production of animal-free dairy and protein products. The company utilizes precision fermentation and biotechnology to create biosynthetic dairy proteins and related products, such as whey protein, cream cheese, and yogurt, using microorganisms in bioreactors. Perfect Day supplies its products to food and beverage brands and partners, and operates in the United States and India.
Description from Veridion's company data.
Products and services
- Precision Fermentation Technology Research and Development
- Animal-Free Dairy Ingredient Manufacturing
- Sustainable Protein Product Manufacturing
- Vegan Dairy Alternative Development
- Plant-Based Protein Ingredient Production
- Food and Beverage Ingredient Supply
- Ice Cream Ingredient Supply
- Cream Cheese Ingredient Supply
- Yogurt and Barista Milk Ingredient Supply
- Protein Powder and Bar Ingredient Supply
- Egg Replacer and Bakery Mix Ingredient Supply
- Confectionery and Gelato Ingredient Supply
- Ready-to-Drink Beverage Ingredient Supply
- Ready-to-Mix Beverage Ingredient Supply
- Food Industry Sustainability Consulting
- Food Product Innovation Services
Markets
- Food and Beverage
Technology
- Precision Fermentation Technology
- Fermentation Methods for Whey Protein Production
Business model
- Business-to-Business
- Manufacturing
Industry codes (NAICS)
- 311514 Dry, Condensed, and Evaporated Dairy Product Manufacturing 70% match
- 325414 Biological Product (except Diagnostic) Manufacturing 30% match
Questions about Perfect Day
What is Perfect Day worth?
Valuation $1.2B (range $249M to $2.2B), as of 24 Oct 2026. The last disclosed valuation was $1.50B (Series D, Sep 2021).
Has Perfect Day raised money?
Perfect Day has 4 funding rounds on record, from Feb 2018 to Jan 2024, $605M in total. The latest disclosed valuation is $1.50B post-money (Series D, Sep 2021).
Who has invested in Perfect Day?
Temasek, Canada Pension Plan Investment Board, Internal Investors, Horizons Ventures, Continental Grain Company and Iconiq Capital, and 3 more. Lead investors include Temasek, Canada Pension Plan Investment Board and Internal Investors.
How many people work at Perfect Day?
About 327, up 5% over the last year. Headcount rose from 8 in Feb 2022 to 380 in Oct 2023, then fell to 327 in Sep 2026.
What does Perfect Day do?
Perfect Day works in dairy products - farms & stores, with 16 recorded offerings and customers in food and beverage. Its main offerings are precision fermentation technology research and development, animal-free dairy ingredient manufacturing and sustainable protein product manufacturing.
When was Perfect Day founded, and where is it based?
Perfect Day was founded in 2014 and is based in Berkeley, United States. It has about 327 employees, up 5% over the last year.