# Gathered Foods

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gathered-foods

- Industry: Food
- Headquarters: Heath, US
- Website: www.gatheredfoods.com
- Total disclosed funding: $59M
- Latest round: Series B (Dec 29, 2020)
- Investors on record: 9

## About

Gathered Foods Corp develops innovative plant-based food alternatives, addressing consumer demand for sustainable and health-conscious eating options.Founded in 2016 and headquartered in Heath, US, Gathered Foods Corp specializes in plant-based products that cater to the growing market for ethical food choices. The company has raised a total of USD 26.35 mn across various funding rounds, with the most recent being a Series B round on September 8, 2022, which included investors such as Big Idea Ventures and Louis Dreyfus Company B.V. The company was previously owned by 301 Inc and has undergone an acquisition by Wicked Foods Inc.Gathered Foods specializes in creating innovative plant-based food products aimed at promoting sustainability, animal welfare, and health-conscious eating. The company's core offerings focus on high-quality, craveworthy alternatives to traditional animal-based foods, addressing the growing demand for environmentally friendly and ethically produced options. Their products are designed for diverse use cases, including meal replacements, snacks, and ingredient substitutes that fulfill the nutritional needs of both consumers and food service providers. Gathered Foods serves a broad customer base, ranging from health-conscious individuals to major retail chains and restaurants, predominantly within the United States, with plans to expand into additional international markets. The company emphasizes its commitment to sustainability by utilizing plant-based ingredients that minimize environmental impact while delivering enjoyable culinary experiences.Gathered Foods generates revenue through a combination of direct-to-consumer sales, partnerships with retailers, and wholesaling arrangements. The company’s business transactions typically involve selling its plant-based products through grocery stores, online platforms, and food service establishments, enabling customers to purchase items in bulk or as individual products. The pricing structure reflects the premium quality of its offerings, with flagship products attracting attention for their unique flavors and nutritional profiles. While specific pricing details are not disclosed, the structure accommodates various purchasing options tailored to different customer segments, including both individual consumers and commercial clients. This multi-faceted approach to revenue generation positions Gathered Foods to capture a significant share of the growing plant-based food market.Following the acquisition by Wicked Foods Inc. in September 2022, Gathered Foods intends to merge its product line with Wicked Foods Inc.'s plant-based frozen and shelf-stable meal options. The company is focused on expanding its product offerings while targeting new markets for growth. Specific details about upcoming product launches and the regions targeted for expansion have not been disclosed, but the integration with Wicked Foods is expected to enhance their distribution capabilities and broaden their market reach.

## Funding rounds

- Series B, Dec 29, 2020, $26M — Louis Dreyfus Company B.V., Big Idea Ventures, Unovis Asset Management
- Series B, Aug 14, 2019, $32M — 301 Inc, Stray Dog Capital, Rocana Ventures, Almanac, CPT Capital, Greenleaf Foods SPC, Unovis Asset Management

## Investors

- 301 Inc (https://capitalatlas.ai/funds/301-inc) — Series B
- Stray Dog Capital (https://capitalatlas.ai/funds/stray-dog-capital) — Series B
- Rocana Ventures (https://capitalatlas.ai/funds/rocana-ventures) — Series B
- Almanac (https://capitalatlas.ai/funds/almanac) — Series B
- CPT Capital — Series B
- Greenleaf Foods SPC — Series B
- Unovis Asset Management (https://capitalatlas.ai/funds/unovis-asset-management) — Series B
- Louis Dreyfus Company B.V. — Series B
- Big Idea Ventures (https://capitalatlas.ai/funds/big-idea-ventures) — Series B