# Cacao Family Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cacao-family-co

- Industry: Food
- Headquarters: Jeju, South Korea
- Website: www.cacaofamily.kr
- Latest round: Seed (Aug 12, 2020)
- Investors on record: 2

## About

Cacao Family Co., Ltd. is a South Korean company specializing in premium nut-based products, including a variety of nut butters and caramel offerings, focusing on quality ingredients sourced locally for health-conscious consumers.Cacao Family Co., Ltd. was founded in 2018 in Jeju, South Korea, as a company dedicated to producing nut-based gourmet products. The company has successfully secured funding, raising KRW 100 million in August 2021 from the Ulsan Creative Economy Innovation Center. To date, Cacao Family has engaged in 2 investment deals, showcasing its growth and potential in the market. The founder's background and previous entrepreneurial endeavors are not publicly available.Cacao Family Co., Ltd. specializes in high-quality nut-based products, including a range of nut butters and unique caramel varieties, such as cacao caramel and mandarin & carrot caramel. The company emphasizes using pure ingredients sourced from local farms, ensuring minimal processing to preserve flavor. Their offerings target health-conscious consumers, particularly in the artisan food market in South Korea and selected international regions, catering to both individual buyers and retail partners through e-commerce platforms and specialty stores.Cacao Family Co., Ltd. primarily generates revenue through direct-to-consumer sales. Customers purchase products, including individual items and bundles, via the company's online platform. The pricing structure accommodates various package sizes, such as packs of eight or ten for cacao caramel, while their nut butters are offered in multiple sizes to suit different customer needs. This model allows Cacao Family to connect directly with customers and provides opportunities for B2B partnerships and retail collaborations, expanding market access.Cacao Family Co., Ltd. plans to utilize the recent funding of KRW 100 million raised in August 2021 to support the development and launch of new products, enhancing their existing line of nut-based offerings. The company is also targeting expansion into additional international markets by 2023 to broaden its customer base. These strategic initiatives are aimed at solidifying their position within the artisan food industry and increasing product accessibility across various channels.

## Funding rounds

- Seed, Aug 12, 2020 — Merry Year Social Company, Ulsan Creative Economy Innovation Center

## Investors

- Merry Year Social Company (https://capitalatlas.ai/funds/merry-year-social-company) — Seed
- Ulsan Creative Economy Innovation Center (https://capitalatlas.ai/funds/ulsan-creative-economy-innovation-center) — Seed