# Panda Plates

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/panda-plates

- Industry: Food
- Headquarters: New York, US
- Website: www.yumblekids.com
- Total disclosed funding: $7M
- Latest round: Series A (Sep 20, 2018)
- Investors on record: 5

## About

Panda Plates Inc. specializes in delivering subscription-based, healthy meal options for children, catering to the dietary needs and preferences of young consumers, while supporting busy families with convenient meal solutions.Founded in 2016 and based in New York, US, Panda Plates Inc. operates as Yumble Kids, providing a meal delivery service focused on nutritious meals for children. The company has completed a total of 3 deals, most recently raising USD 4 million in March 2020, reflecting its commitment to enhancing its offerings. The founder has a history of prior ventures in the food service industry, contributing experience to this health-oriented brand.Yumble Kids offers a subscription-based meal delivery service that focuses on providing healthy, kid-friendly meals specifically designed for children. Their main product line includes fully prepared, nutritionally balanced meals made from high-quality ingredients, catering to the tastes and dietary needs of young consumers. By ensuring convenience for parents through easy preparation, Yumble Kids addresses the challenges of providing nutritious meals that children enjoy.The revenue model for Yumble Kids revolves around a subscription service, allowing families to choose meal plans tailored to their needs. Customers subscribe to weekly meal deliveries that can be adjusted based on preferences, ensuring a direct-to-consumer relationship. This structure promotes customer loyalty while offering various pricing tiers to accommodate different family sizes and meal requirements.With the recent funding of USD 4 million raised in March 2020, Panda Plates Inc. is focused on enhancing its product line and expanding its market reach. The company plans to introduce new meal options that cater to evolving dietary trends and preferences. Additionally, there are strategic intentions to penetrate new markets, particularly urban and suburban areas across the US, by the end of 2021, to reach more health-conscious families.

## Funding rounds

- Series A, Sep 20, 2018, $7M — LaunchCapital, RiverPark Advisors, Danone Manifesto Ventures, Sonoma Brands Capital, Apple Core

## Investors

- LaunchCapital (https://capitalatlas.ai/funds/launchcapital) — Series A
- RiverPark Advisors (https://capitalatlas.ai/funds/riverpark-advisors) — Series A
- Danone Manifesto Ventures (https://capitalatlas.ai/funds/danone-manifesto-ventures) — Series A
- Sonoma Brands Capital (https://capitalatlas.ai/funds/sonoma-brands-capital) — Series A
- Apple Core — Series A