What is Partake Foods?
Partake Foods is dedicated to creating gluten-free, vegan, non-GMO, and top 14 allergen-free cookies, ensuring accessibility for consumers with diverse dietary needs. Founded out of a personal necessity for allergy-friendly options, the company has expanded its product line to include a variety of popular cookie flavors. Partake Foods is committed to inclusivity in snacking, making its products available in over 17,000 retail locations and aiming to bridge the gap for those often excluded from traditional treat options.
How much funding has Partake Foods raised?
Partake Foods has raised a total of $17.3M across 3 funding rounds:
Angel/Seed
$1M
Series A
$4.8M
Series B
$11.5M
Angel/Seed (2019): $1M with participation from Marcy Venture Partners
Series A (2021): $4.8M led by John Foraker, Rihanna, Bobby Wagner, Black Capital, Black Star Fund, Marcy Venture Partners, and CircleUp Growth Partners
Series B (2022): $11.5M supported by Supply Change Capital and Fearless Fund
Key Investors in Partake Foods
Supply Change Capital
Supply Change Capital is a venture capital firm focused on the food industry, likely investing in companies that are transforming the food supply chain and promoting sustainable practices.
Fearless Fund
Fearless Fund is a venture capital firm dedicated to investing in women of color-led businesses, aiming to close the funding gap and support scalable growth for under-resourced entrepreneurs.
Marcy Venture Partners
Marcy Venture Partners is a venture capital and private equity firm established in 2018, focusing on investment management and financial services, particularly within the consumer and retail sectors.
What's next for Partake Foods?
With its recent Series B funding, Partake Foods is poised for accelerated growth and market penetration. The 'major enterprise-level funding' and 'major strategic investment' indicate a strong validation from the investment community, likely enabling the company to scale production, enhance its distribution network, and potentially diversify its product offerings. This strategic financing will be crucial for solidifying its position as a leader in the rapidly growing market for specialized dietary foods.
See full Partake Foods company page
