H
Harmless Harvest
Organic coconut products sourced via regenerative agriculture
About Harmless Harvest
Harmless Harvest is a food and beverage company specializing in organic coconut-based products, most notably its often-pink coconut water. It was founded in 2009 by Justin Guilbert and Douglas Riboud, who met while pursuing their MBAs. With prior experiences in marketing at L'Oreal and finance at Lazard Freres, respectively, the founders were disillusioned with their corporate careers and sought to build a business centered on "constructive capitalism"—a model that combines capitalism with ecology to benefit all stakeholders, from farmers to consumers.
The company's core mission is to produce high-quality, ethically sourced products while promoting sustainable farming and community impact. After exploring various superfruits, the founders focused on coconut water upon realizing the poor quality of existing market options. They discovered the Nam Hom coconut in Thailand, a variety known for being particularly fragrant and sweet, which became the exclusive source for their products. The company launched its flagship coconut water in 2011, exclusively with Whole Foods, after warehousing one million bottles to ensure a strong market entry. The product quickly became a bestseller, and the company now generates over $100 million in annual retail sales.
Harmless Harvest's business model is vertically integrated, controlling the process from farming to bottling to ensure quality and adherence to its ethical standards. The company is a leader in regenerative organic agriculture, which focuses on restoring soil health, increasing biodiversity, and capturing atmospheric carbon. In 2020, it launched the Regenerative Coconuts Agriculture Project (ReCAP) in partnership with Danone Ecosystem Fund and GIZ, aiming to convert Thai coconut farms to regenerative models. As of 2023, its coconuts achieved Regenerative Organic Certified at the bronze level. The company is also the first U.S. coconut water brand to be Fair for Life certified, a standard more stringent than Fair Trade that requires annual audits of environmental impact, farmer and employee well-being, and working conditions. To achieve zero-waste status, the company utilizes the entire coconut, creating Upcycled Certified products like dairy-free yogurt alternatives and smoothies from the coconut meat.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2009
- Headquarters
- San Francisco, United States
- Employees
- 146
- Open positions
- 1
- Dealroom signal
- 66.5/100
- Industry
- Food
- Sub-industry
- Innovative Food
- Sector
- Food, Organic, Plant-Based, Alternative Protein, Sustainable Development Goals, Dairy Substitute, Climate Tech, B Corp
- Business model
- Manufacturing
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jun 2021 | $0 | — | Danone Manifesto Ventures | — |
| LATE VC✓Equity / VC | Oct 2018 | $0 | — | AF Ventures | — |
Growth signals
Latest recorded traffic for Harmless Harvest is 86K monthly website visits, up 65.4% over the last three months. Harmless Harvest's team declined 2% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later3 investors entered at this stage
AF Ventures
Mousse Partners
Danone Manifesto Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Harmless Harvest on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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