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Healthy dog food subscription providing fresh, customized meals.
Lyka Pet Food has raised $118.1M across 7 funding rounds.
Lyka Pet Food has raised $118.1M in total across 7 funding rounds.
Lyka Pet Food offers life-changing dog food made from real ingredients, formulated by veterinary nutritionists, and delivered to your door.
Lyka Pet Food is an Australian direct-to-consumer pet food company founded in 2018, specializing in fresh, human-grade, lightly cooked dog meals delivered via subscription.[2][3][4] It serves dog owners seeking personalized nutrition, solving the problem of processed pet foods lacking real ingredients by offering vet-formulated plans tailored to a dog's age, weight, activity level, breed, and health needs—using a data-driven algorithm for portion control and ongoing adjustments.[1][2][4][5] The company has shown strong growth momentum, securing $1.57 million in funding to scale production, serving over 400,000 bespoke meals, expanding manufacturing in Victoria for local sourcing, and earning high customer ratings (4.8/5 on Trustpilot).[5][7]
Lyka's meals emphasize high-protein, moderate-fat, low-GI carbs with superfoods to boost health, reduce inflammation, and exceed AAFCO/FEDIAF standards, all produced in-house for quality control, rapid iteration, and higher margins.[2][3]
Lyka was co-founded in 2018 by Anna Podolsky, a former Bain & Company management consultant, and Dr. Matthew Muir, an integrative veterinarian, in Sydney, Australia.[1][3][4][5] The idea emerged in 2015 when Podolsky, living in Chile, struggled with language barriers on commercial pet food labels for her Border Collie cross, named Lyka, who suffered from itching, low energy, and dental issues.[1][3][5] Frustrated with processed diets (noting 80% of pets eat them), she began cooking fresh human-grade meals at home, witnessing rapid improvements in Lyka's health—including reversed tooth decay and boosted vitality.[1][5]
This kitchen experiment evolved into small-batch production after work, leading Podolsky to leave her career and launch Lyka to make fresh pet nutrition accessible, challenging the multi-billion-dollar industry's minimal standards.[1][3][5] Early traction came from customer feedback driving recipe refinements, with over 400,000 meals served shortly after launch.[5]
Lyka rides the pet humanization trend, where pets are treated as family, driving demand for premium, wellness-focused care akin to human nutrition—fueled by rising pet ownership, health awareness post-pandemic, and DTC eCommerce shifts.[1][3][5][7] Timing aligns with consumer skepticism of processed foods (e.g., artificial preservatives) and personalization tech in pet care, amplified by Lyka's algorithm and data approach, positioning it amid a "fresh food revolution."[1][2]
Market forces favor it: Incumbents struggle to pivot from dry kibble supply chains to fresh production, giving Lyka an edge in Australia’s growing pet wellness sector; local Victoria expansion boosts jobs and supply chains.[3][7] It influences the ecosystem by normalizing vet-backed, sustainable fresh food, inspiring innovation in longer pet lifespans and holistic care.[1]
Lyka is poised to expand production and product lines, potentially incorporating sustainable proteins and puppy/life-stage specifics while entering new markets beyond Australia.[1][3][7] Trends like AI-driven personalization, sustainability demands, and pet longevity tech will shape its path, with in-house capabilities enabling fast scaling amid DTC pet food growth. Its influence may evolve from disruptor to category leader, pushing 80% of pets toward real-food diets and redefining industry standards—echoing the kitchen experiment that proved fresh nutrition's transformative power.[1][5]
Lyka Pet Food has raised $118.1M in total across 7 funding rounds.
Lyka Pet Food's investors include Itai Tsiddon, Craig Blair, Paul Wilson, AfterWork Ventures, Point King Capital, StepStone Group, Wattle Hill Capital, Adrian Petersen, Shearwater Capital, Airtree Ventures, Blackbird Ventures Australia, SOSV.
Lyka Pet Food has raised $118.1M across 7 funding rounds. Most recently, it raised $67.0M Series C in March 2026.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 3, 2026 | $67.0M Series C | Itai Tsiddon | Craig Blair, Paul Wilson, AfterWork Ventures, Craig Blair, Point King Capital, StepStone Group, Wattle Hill Capital |
| Jun 12, 2023 | $25.0M Series B | StepStone Group | Adrian Petersen, Point King Capital, Shearwater Capital |
| Oct 1, 2022 | $13.0M Series B | Airtree Ventures, Blackbird Ventures Australia, SOSV, Eric Ries, Michael Stoppelman | |
| Jul 6, 2021 | $6.5M Series A | Craig Blair, Paul Wilson, Jessy Wu, Shearwater Capital, Wattle Hill Capital | |
| Feb 1, 2021 | $5.0M Series A | Airtree Ventures, Blackbird Ventures Australia, SOSV, Eric Ries, Michael Stoppelman | |
| Aug 19, 2020 | $1.6M Seed | Luke Anear, Sebastian Watkins | |
| Lyka Pet Food Funding Round |