Everytable Wants to Make Healthy, Fast Food Affordable. The Startup Lands $16M

Francesca Billington

Francesca Billington is a freelance reporter. Prior to that, she was a general assignment reporter for dot.LA and has also reported for KCRW, the Santa Monica Daily Press and local publications in New Jersey. She graduated from Princeton in 2019 with a degree in anthropology.

Everytable Wants to Make Healthy, Fast Food Affordable. The Startup Lands $16M

Everytable, the Los Angeles-based startup that prices their healthy meals around $5 in underserved communities, said it closed a $16 million Series B round on Tuesday.

Kaiser Permanente Ventures, a venture arm of the health care giant, joined lead investor Creadev in the funding. It marks Kaiser Ventures' first investment in a "fresh-prepared food company to support community health," according to a statement announcing the news.

Everytable sells individually prepared meals that are priced according to what each neighborhood can afford. The food is cooked at a kitchen in Lincoln Heights and distributed to grab-and-go stores across the city. Locations in Compton and South L.A. have meals starting around $5 while their Santa Monica and Brentwood locations are more expensive.

Former hedge fund trader and Everytable CEO Sam Polk is behind the vision. He wanted to create an affordable fast food chain as a healthy alternative to the McDonalds and Subways that populate so-called food deserts, low-income neighborhoods where fresh grocery options are limited.

Since founding in 2016, Evertyable has sold over four million meals and partnered with the City of L.A., Santa Monica College, the Department of Aging and Los Angeles Homeless Services Authority.

According to the statement, Everytable will use the bump in capital to build more stores throughout Southern California and expand its subscription delivery service. The startup is also preparing to launch in its first market outside of L.A. and will build out its social equity franchise program.

That initiative will use the $4.5 million raised by investors like the W.K. Kellogg Foundation and the Annenberg Foundation to offer funding opportunities to graduates and train entrepreneurs to open Everytable locations in their own areas.

"Creadev, along with new and existing investors, shares our mission and passion to transform America's food system to ensure that everyone has access to affordable and nutritious food," said CEO and founder Sam Polk. "Nutritious food should not be a luxury afforded to few."

Other investors include Candide Groupe, Gratitude Railroad Ventures, Desert Bloom Food Ventures and Kimball Musk, a chef and philanthropist who sits on the board of his brother's companies Tesla and SpaceX.

The company had already raised $14.8 million as of September, according to Pitchbook.


Subscribe to our newsletter to catch every headline.

Mullen Automotive Pays Nearly $20 Million to Settle Lawsuit with Qiantu

David Shultz

David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.

Mullen Automotive Pays Nearly $20 Million to Settle Lawsuit with Qiantu
Image Courtesy of Mullen Automotive

Like a zombie from the grave, Mullen Automotive’s electric sports car grift lives once more. Earlier this week, the Southern Californian company announced that it had resolved its contract disputes with Chinese manufacturer Qiantu and would begin to “re-design” and “re-engineer” the DragonFLY K50 platform for sale in the United States.

On the surface (or if you just read the press release) this would seem to be excellent news for the bedraggled Californian EV startup. But the saga of the Mullen/Qiantu partnership is long, and in the context of their shared history, the deal’s terms look considerably less favorable for Mullen.

Read moreShow less

“Millions of Dollars Completely Wasted”: Without Neuromarketing, Tech Firms’ Ads Get Lost in the Noise

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College and previously covered technology and entertainment for TheWrap and reported on the SoCal startup scene for the Los Angeles Business Journal. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

“Millions of Dollars Completely Wasted”: Without Neuromarketing, Tech Firms’ Ads Get Lost in the Noise

At Super Bowl LVII, advertisers paid at least $7 million for 30–second ad spots, and even more if they didn’t have a favorable relationship with Fox. But the pricey commercials didn’t persuade everyone.

A recent report from advertising agency Kern and neuroscience marketing research outfit SalesBrain is attempting to answer that question using facial recognition and eye-tracking software.

Read moreShow less