# Jack & Annie's

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jack-annie-s

- Industry: Food
- Headquarters: Boulder, US
- Website: www.jackandannies.com
- Total disclosed funding: $28M
- Latest round: Series B (Oct 8, 2024)
- Investors on record: 6

## About

Jack & Annie's is a US-based manufacturer specializing in plant-based meat alternatives, primarily utilizing jackfruit to create nutritious options that cater to health-conscious consumers looking to reduce meat intake.Founded in 2011 and headquartered in Boulder, US, Jack & Annie's specializes in plant-based meat alternatives, with a focus on jackfruit as the core ingredient. Annie Ryu serves as both the Founder and CEO, leading the company through its initial growth phases. The company has undergone a Series B funding round, raising USD 5.00 mn from investors including Creadev, Grosvenor Family Office, and InvestEco Capital, bringing the total amount raised to USD 5.00 mn over four deals.Jack & Annie's specializes in plant-based meat alternatives, primarily utilizing jackfruit as the core ingredient. Their product offerings include a range of items that mimic traditional meat products, such as chicken tenders, breakfast sausages, meatballs, and classic burgers. Designed for health-conscious consumers, these products are nutritious, sustainable alternatives that are lower in fat and rich in protein and fiber. Jack & Annie's products are available in the United States and Canada, targeting grocery stores, food service partners, and direct-to-consumer channels.The revenue model of Jack & Annie's is primarily based on the sale of its plant-based products through various distribution channels, including retailers and food service partnerships. Products are sold directly to consumers and through wholesale arrangements with grocery chains and restaurants. Transactions typically involve bulk orders from retailers who stock the brand's offerings, alongside a growing direct-to-consumer segment via online platforms. The pricing structure reflects the premium nature of plant-based alternatives, with flagship products such as their jackfruit chicken tenders and breakfast sausages forming a significant part of their portfolio, aimed at health-conscious consumers and those seeking environmentally friendly dietary options.Jack & Annie's aims to expand its product line with the introduction of new offerings designed to attract a broader customer base. The company is also planning to enter additional markets, focusing on regions beyond the US and Canada by the end of the next fiscal year. Recent funding from BAMCAP will support these initiatives, allowing for enhanced product development and market penetration efforts.

## Funding rounds

- Series B, Oct 8, 2024, $5M — InvestEco Capital, Creadev, Grosvenor Family Office
- Series B, Dec 14, 2021, $23M — InvestEco Capital, Creadev, Wheatsheaf Investments, BAMCAP, Desert Bloom Foods

## Investors

- InvestEco Capital (https://capitalatlas.ai/funds/investeco-capital) — Series B
- Creadev — Series B
- Wheatsheaf Investments — Series B
- BAMCAP (https://capitalatlas.ai/funds/bamcap) — Series B
- Desert Bloom Foods (https://capitalatlas.ai/funds/desert-bloom-foods) — Series B
- Grosvenor Family Office — Series B