Hungry Raises $20M in Series B Funding

Hungry, an Arlington, VA-based catering marketplace that connects businesses with independent chefs, raised $20m in Series B funding.

The round was led by Evolution VC Partners with participation from Kevin Hart, Jay-Z, Todd Gurley, Reggie Love and Bobby Wagner.

The company intends to use the funds to continue to expand operations and its business reach.

Led by CEO Jeff Grass, COO Eman Pahlavani and President Shy Pahlavani, Hungry is a catering marketplace that connects businesses with independent chefs. It provides top chef-prepared office catering for hundreds of companies and tens of thousands of employees at organizations around Atlanta, Georgia, Austin, Texas Boston, Massachusetts, Manhattan, New York, Philadelphia, Pennsylvania and Washington D.C. Metro Area.

Source. FinSMEs, March 9, 2020

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Alpha Foods Secures $28M in Series A Funding

Alpha Foods, a Glendale, CA-based maker of plant-based foods, raised $28m in Series A funding.

The round was led by AccelFoods, with participation from existing investment partners New Crop Capital, Green Monday Ventures and Blue Horizon.

The company intends to use the funds toward new product launches, securing key talent, expanding its distribution channels, both domestically and internationally, as well as boosting its marketing and sales support to increase its touchpoint with consumers.

Co-founded by Loren Wallis, former founder of Good Karma Foods acquired by Dean Foods in 2018, and Cole Orobetz, a former venture capital investor in the food and ag-tech sector, Alpha Foods offers a wide variety of protein-packed, non-GMO, plant-based versions of classic foods. Since its launch, the company has grown its brand portfolio from four to more than 25 vegan and non-GMO products and is currently available in more than 9,000 stores across the U.S., including Walmart, Kroger, Albertsons/Safeway, and Wegmans supermarkets.

Source. FinSMEs, February 11, 20t20

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Are you a Canadian GP/LP/CI or a Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience.

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