# Parmela Creamery

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/parmela-creamery

- Industry: Food
- Headquarters: Fontana, US
- Website: www.parmelacreamery.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Jun 19, 2019)
- Investors on record: 2

## About

Parmela Creamery produces a variety of plant-based cheese alternatives, focusing on quality vegan products crafted from whole cashew milk, ideal for health-conscious consumers seeking flavorful dairy-free options.Established in 2014 and headquartered in Fontana, US, Parmela Creamery specializes in vegan cheese products. The company has not undergone any notable pivots in its business strategy. The founder, Ry Salomone, has focused solely on this venture. Parmela Creamery raised USD 1.25 mn in Seed funding in June 2019, led by 25Madison Ventures with participation from Gather Ventures and an individual investor. This funding represents the total amount raised by the company to date.Parmela Creamery specializes in plant-based cheese products, offering a range of vegan, cultured, and aged options made primarily from whole cashew milk. Their core product lines include slices and shreds that cater to various culinary applications. The company serves a diverse customer base, including health-conscious consumers, vegans, and individuals with lactose intolerance across the United States and selective international regions. Using traditional cheesemaking techniques, they aim to provide a satisfying experience while promoting sustainability.Revenue generation at Parmela Creamery occurs through direct sales to consumers and partnerships with retailers and wholesalers. The company focuses on B2B relationships, supplying its cheese products to grocery and specialty food stores. Their flagship offerings, vegan slices and shreds, are competitively priced within the plant-based cheese market, enabling the company to cater to a variety of consumer segments while maintaining a sustainable growth trajectory. Parmela also engages in direct consumer sales, enhancing their market reach.Parmela Creamery plans to utilize the recent Seed funding of USD 1.25 mn to support the introduction of new products designed to expand their product offerings. They aim to launch additional varieties of plant-based cheeses in the upcoming year. Furthermore, the company is looking to expand into new geographic markets, targeting areas in the Midwest and Northeast regions of the US by the end of 2022. Recent funding will facilitate these product developments and market expansions.

## Funding rounds

- Seed, Jun 19, 2019, $1.3M — 25Madison Ventures, Gather Ventures

## Investors

- 25Madison Ventures (https://capitalatlas.ai/funds/25madison-ventures) — Seed
- Gather Ventures (https://capitalatlas.ai/funds/gather-ventures) — Seed