Lyka (company)

Lyka is an Australian pet food company based in Sydney. Founded in 2018, Lyka produces fresh dog food sold direct-to-consumer through an e-commerce platform.[1]

History

Lyka was founded in 2018 by Anna Podolsky, a former management consultant at Bain & Company, and veterinarian Matthew Muir.[2] Their subscription pet food model was met by a surge of pet ownership during the COVID pandemic.[3]

In 2021, the company raised A$6.5 million in Series A funding from Shearwater Capital and Wattle Hill Capital,[2] followed by a round of A$30 million in 2022.[4] In 2023, the company received an additional A$25 million investment from StepStone Group.[5]

The company attained B Corp Certification in 2023.[6]

References

  1. Yolanda Redrup. Bain consultant's dog inspires $220m fortune and Young Rich List spot The Australian Financial Review, 26 October 2025, retrieved 22 December 2025^
  2. Yolanda Redrup. Hungry investors buy into pet food start-up Lyka The Australian Financial Review, 5 July 2021, retrieved 22 December 2025^
  3. Sarah Thompson. Tony Quinn cooks up another pet food deal, hires EY The Australian Financial Review, 27 May 2025, retrieved 22 December 2025^
  4. Yolanda Redrup. Dog food start-up Lyka raises $30m from Itai Tsiddon, Afterwork The Australian Financial Review, 25 October 2022, retrieved 22 December 2025^
  5. Carrie LaFrenz. The not-so-secret life of pets The Australian Financial Review, 9 June 2023, retrieved 22 December 2025^
  6. Lyka Pet Food B Corp, retrieved 22 December 2025^