Funding Details
- Awarder
- WeFunder
- Date Award
- May 01, 2023
- Vertical
- Food and Beverage
- Funding URL
- View Funding Page
Company Info
- Traction
- Philosopher Foods has experienced impressive growth, with a 36% increase in 2020 and a 40% increase in 2021. Their direct-to-consumer (DTC) segment saw a remarkable growth of 170% and 33%. They have healthy gross margins exceeding 45% over the past 3 years, distributed across various channels.
- Revenue Amount
-
$428,352,000,000
- Organizations Involved
- M.R. Sales, Alter Eco Foods, Terrafertil/Essential Living Foods, Food Story Brands, Green Spoon Sales
- Founders
- Tim Richards
- Company Description
- Philosopher Foods specializes in producing the best nut products with a focus on regenerative agriculture. They offer a range of nut butters that are delicious, nutritious, and ecological. Their products are crafted using stone-ground techniques in small batches to enhance flavor, texture, and nutrition. Philosopher Foods is committed to providing food that is not only delicious but also ethical and ecological.
- Market
- Consumer Goods
- Location
-
Santa Cruz,
CA,
US
- Coinvestors
- 90 investors
Links