How Much Did Coast Packing Raise?
Funding & Key Investors

Coast Packing, a venerable fourth-generation family-owned business specializing in traditional animal fats, has secured $350K in total capital, with a recent strategic investment of $350K on April 8, 2020. This significant financing round, categorized as debt, underscores the company's established position and ongoing operational needs within the food ingredient sector. The investment context points towards a large-scale, late-stage funding event, indicating a mature phase for the Vernon, California-based entity.

What is Coast Packing?

Coast Packing
ManufacturingFood & Beverage

Coast Packing Company has carved a niche over a century by producing high-quality, traditional animal fats such as lard and beef tallow. Their product lines, including VIVA Lard and Flavor King Beef Tallow, are crafted to elevate culinary creations, appealing to both professional chefs and home cooks seeking authentic flavor enhancement. The company emphasizes minimally processed, heritage ingredients, aligning with a growing consumer interest in natural and traditional food components. This focus on quality and authenticity positions Coast Packing as a key supplier for those looking to incorporate time-honored fats into modern cuisine.

How much funding has Coast Packing raised?

Coast Packing has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Coast Packing

PPP

Public-Private Partnership

What's next for Coast Packing?

The recent strategic investment of $350K suggests Coast Packing is poised for continued operational stability and potentially further expansion of its product lines or distribution channels. As a company with over 100 years of history, this debt financing likely supports working capital, inventory management, or capital expenditures necessary to maintain its competitive edge in the specialty food ingredients market. The 'large-scale late-stage funding' context implies a strategic move to fortify its market presence and continue serving its dedicated customer base with authentic, high-performance animal fats.

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Frequently Asked Questions Regarding Coast Packing Financial Insights

What are the most recent funding rounds that Coast Packing has completed, and what were the funding rounds?
Coast Packing has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Coast Packing has raised to date?
Coast Packing has raised a total of $350K in funding to date.
How many funding rounds has Coast Packing completed?
Coast Packing has completed 1 funding rounds.
How much funding did Coast Packing raise in its most recent funding round?
Coast Packing raised $350K in its most recent funding round.
Who are the lead investors in Coast Packing's latest funding round?
The lead investor in Coast Packing's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Coast Packing's history?
The largest funding round in Coast Packing's history was $350K.
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