Perfect Day - About the company
Perfect Day is a series E company based in Berkeley (United States), founded in 2014 by Perumal Gandhi, Ryan Pandya and Isha Datar. It operates as a Developer of animal-free dairy protein for food and beverage applications. Perfect Day has raised $770M in funding from investors like Temasek, Horizons Ventures and CPP Investments, with a current valuation of $1.5B. The company has 31 active competitors, including 12 funded and 2 that have exited. Its top competitors include companies like TurtleTree, Remilk and Phyx44.
Sectors and market segments that Perfect Day operate in
Perfect Day serves in the Food and Agriculture Tech market segments.The primary business model of Perfect Day is:Company Details
Developer of animal-free dairy protein for food and beverage applications. The protein is created through precision fermentation for sustainable dairy alternatives. It offers ingredients for various applications, including developing partnerships and product launches. The protein aims to provide a kinder, greener supply chain.
- Website
- perfectday.com
- Registered Address
- Putnam Valley, New York
Key Metrics
Founded Year
2014
Location
Berkeley, United States
Stage
Series E
Total Funding
$770M in 14 rounds
Latest Funding Round
Post Money Valuation
$1.5B as on Sep 30, 2021
Ranked
1st among 31 active competitors
Employee Count
323 as on Jul 31, 2026
Investment & Acquisitions
Legal entities associated with Perfect Day
Perfect Day is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Perfect Day, Inc. CIN: 46-5528887 , United States, Active | Apr 27, 2014 | - | 29 (As on Dec 31, 2024) | - |
PERFECT DAY FILMS, INC. CIN: 200948189 , United States, Active | Dec 31, 1999 | - | 3 (As on Dec 31, 2024) | - |
PERFECT DAY FOODS, INC. CIN: 465528887 , United States, Active | Dec 31, 1999 | - | 29 (As on Dec 31, 2024) | - |
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Perfect Day's funding and investors
Perfect Day has raised a total funding of $770M over 14 rounds. Its first funding round was on Apr 2014. Perfect Day has 20 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Perfect Day:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 05, 2024 | Undisclosed | Series E | - | - | - | - |
Nov 17, 2023 | $45M | Series D | - | - | - | - |
Sep 30, 2021 | $350M | Series D | $1.5B | - |
View details of Perfect Day's funding rounds and investors
Perfect Day's founders and board of directors
Founder? Claim ProfileThe founders of Perfect Day are Perumal Gandhi, Ryan Pandya and Isha Datar. Ryan Pandya is the CEO of Perfect Day.
Here are the details of Perfect Day's key team members:
- Perumal Gandhi: Former Co-Founder of Perfect Day. They serve on the board of 1 company.Contact Info: 1 email address
- Ryan Pandya: Co-Founder & CEO of Perfect Day. They serve on the board of 1 company.Contact Info: 1 email address
- Isha Datar: Former Co-Founder of Perfect Day and founder of 1 other company. Contact Info: 1 email address
Perfect Day's Board of Directors
Perfect Day's board has 11 active members. Perumal Gandhi, Ryan Pandya, Sonny Vu, Carolyn Fritz, Jerry O'Dea, Moohwan Kim, Kang Tzu Ping, Zhang Haorui, Tripunithura Mahadeva Narayan, Aftab Mathur and Patrick Zhang are independent board members.Here is the list of Perfect Day's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 11y 9m | |
Independent board member | - | Current | 11y 9m | |
Independent board member | - | Current | 8y 1m | |
Independent board member | - | Current | 2y 6m | |
Independent board member | - | Current | 2y 6m | |
Independent board member | - | Current | 2y 6m | |
Independent board member | - | Current | 11y 9m | |
Independent board member | - | Current | 8y 1m | |
Independent board member | - | Current | 2y 6m | |
Independent board member | - | Current | 7y 5m | |
Independent board member | - | Current | 7y 5m |
View details of Perfect Day's Founder profiles and Board Members
Perfect Day's employee count trend
Perfect Day has 323 employees as of Jul 26. Here is Perfect Day's employee count trend over the years:
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Perfect Day's Competitors and alternates
Top competitors of Perfect Day include TurtleTree, Remilk and Phyx44. Here is the list of Top 10 competitors of Perfect Day, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Perfect Day 2014, Berkeley (United States), Series E | Developer of animal-free dairy protein for food and beverage applications | $770M | 63/100 | |
2nd | TurtleTree 2019, Singapore (Singapore), Series A | Producer of cell-based sustainable food and dairy product alternatives | $42.3M | 62/100 | |
3rd | Platform offering animal-free dairy products | $131M | 57/100 | ||
4th | Provider of genetic breeding service to cattle farms | $4.83M | 47/100 | ||
5th | Developer of animal-free proteins using precision fermentation for nutrition applications | $36M | 45/100 | ||
6th | Cultivated 2021, Wadenswil (Switzerland), Seed | Developer of lab-grown dairy alternative products | $6.5M | 44/100 | |
7th | Fora Foods 2017, New York City (United States), Series A | Manufactures and markets dairy-free butter | $4.4M | 37/100 | |
8th | Developer of a novel food product that contains patent-based milk exosomes | $100K | 36/100 | ||
9th | Manufacturer of milk ingredients | $3.5M | 30/100 | ||
10th | Wayfare 2009, Bozeman (United States), Seed | Dairy free food products | $50K | - | 27/100 |
Looking for more details on Perfect Day's competitors? Click here to see the top ones
Perfect Day's Investments and acquisitions
Perfect Day has acquired Sterling Biotech. Perfect Day has not made any investments as of now.Reports related to Perfect Day
Here is the latest report on Perfect Day's sector:
News related to Perfect Day
Media has covered Perfect Day for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Precision Fermentation Ingredient Market to Reach USD 21.8 Billion by 2036, Driven by Commercial Scale-Up of Animal-Identical ProtPR Newswire•Jul 22, 2026•Onego Bio, Perfect Day, Vivici, Imagindairy and 1 other
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France’s Nutropy Raises €7M for Industrialization of Animal-Free Dairy ProteinsVegan Business Magazine•Oct 24, 2025•Nutropy, Wyngate, Beta Lab, Zero Carbon Capital and 8 others
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Zydus Lifesciences to acquire 50% stake in Sterling Biotech from Perfect dayDeccan Herald•Aug 24, 2024•Perfect Day, Sterling Biotech, Zydus Life, NovaaOne
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Unilever enters ‘animal-free dairy’ arena via Breyers brand in tie up with Perfect DayAgFunderNews•Feb 23, 2024•Unilever, Perfect Day
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Perfect Day and Unilever Launch New Breyers Lactose-Free ChocolatePR Newswire•Feb 22, 2024•Unilever, Perfect Day
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