Juicero facts for kids
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| Private | |
| Fate | Closed |
| Founded | 2013 |
| Founder | Doug Evans |
| Defunct | December 1, 2017 |
| Headquarters | San Francisco, California |
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Area served
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United States |
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Key people
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Jeff Dunn, CEO 2016 - 2017 |
| Products | Juicer, juice packs |
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Number of employees
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232 (June 2017) |
Juicero was an American company that designed and manufactured the Juicero Press, a fruit and vegetable juicer. The Juicero Press was a Wi-Fi connected juicer that used proprietary, single-serving packets of pre-chopped fruits and vegetables that were sold exclusively by the company by subscription. From 2014 to 2017, the San Francisco-based firm received $120 million in startup venture capital from investors.
The company attracted significant negative media attention when consumers and journalists discovered that its juice packets could be squeezed just as easily by hand as by the company's expensive machine. On September 1, 2017, the company announced that it was suspending sales of the juicer and the packets, repurchasing the juicer from its customers and searching for a buyer for the company and its intellectual property. After its collapse, the company was described in the press as a symbol of a dysfunctional Silicon Valley culture. The Guardian wrote that Juicero was an example of "the absurd Silicon Valley startup industry that raises huge sums of money for solutions to non-problems."
History
Juicero was founded in 2013 by Doug Evans, who served as CEO until October 2016, when former president of Coca-Cola North America Jeff Dunn took over the position. The company's juicing press was originally priced at $699 when launched in March 2016, but was reduced to $399 in January 2017, 12 to 18 months ahead of schedule, in response to slow sales of the device.
Juicero filed a complaint in federal court in April 2017 against a competing cold-press juicing device, the Froothie Juisir, for allegedly infringing its patent and copying Juicero's trade dress.
Produce packs for the press, containing blends of pulped fruits and vegetables, cost between $5 and $7 and had a limited lifespan of about eight days. Each pack had a QR code which was scanned and verified by the Internet-connected machine before it could be used. CEO Jeff Dunn claimed this was a safety feature to prevent packs from being used past their expiration date, and to facilitate food safety recalls, though critics felt that the feature was a form of digital rights management as it would prevent operation of the press with any produce pack not made by the company. Industrial design for the press was completed by Yves Behar's studio Fuseproject, based in San Francisco.
On September 1, 2017, the company announced that it was suspending sales of the juicer and the packets, repurchasing the juicer from its customers and searching for a buyer for the company and its intellectual property.
