# Pod Foods Co.

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

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.podfoods.co
- Total disclosed funding: $8.6M
- Latest round: Series A (Aug 24, 2021)
- Investors on record: 11

## About

Pod Foods Co. is an innovative online distribution platform that connects emerging grocery brands with retailers, streamlining the supply chain and enhancing operational efficiency across the food and beverage sector.Pod Foods Co. was founded in 2017 in San Francisco, US, focusing on enhancing grocery distribution by linking emerging brands with retailers. The company has undergone strategic development, securing funding through a SERIES A round, which raised USD 5.57 mn on August 24, 2021, led by Industrious Ventures and participated by various noted investors. The founders of the company are Fiona Lee and Larissa Russell, with Larissa Russell serving as the CEO. Pod Foods has engaged in three separate deals since its inception, reflecting its active growth trajectory in the industry.Pod Foods offers a comprehensive online distribution platform that serves over 3,000 brands and retailers. Its core services include Pod Express, Pod Direct, Pod Freight, Pod Insights, Pod Capital, Pod 3PL, and Pod Pax, each aimed at simplifying supply chain operations for Consumer Packaged Goods (CPG) brands. These services facilitate inventory management, funding access, and real-time business metrics visualization, ultimately assisting brands and retailers in overcoming common distribution challenges.Pod Foods operates a B2B model, generating revenue through service agreements with brands and retailers. This includes fulfillment and inventory management services tailored to individual brand needs. Pricing is structured around subscription or partnership agreements, allowing for customized solutions based on volume and specific requirements, thus supporting efficient scalability for brands while offering retailers a diverse range of innovative grocery products.With the recent SERIES A funding of USD 5.57 mn raised in August 2021, Pod Foods plans to enhance its brand presence, expand its reach among retailers, and improve product matching and inventory optimization processes. The funding will also support the hiring of new staff. Pod Foods is targeting expansion into new geographical markets, focusing on major urban centers throughout the United States to facilitate growth in its operations.

## Funding rounds

- Series A, Aug 24, 2021, $5.6M — M12, Moment Ventures, Unshackled Ventures, K2 Global, Graphene Ventures, XFactor Ventures, XRC Labs, Relish Works, Inc., Industrious Ventures, Barrel Ventures, Function Collective, Inc.
- Seed, Jul 3, 2019, $3M — M12, Moment Ventures, Unshackled Ventures

## Investors

- M12 (https://capitalatlas.ai/funds/m12) — Seed, Series A
- Moment Ventures (https://capitalatlas.ai/funds/moment-ventures) — Seed, Series A
- Unshackled Ventures (https://capitalatlas.ai/funds/unshackled-ventures) — Seed, Series A
- K2 Global (https://capitalatlas.ai/funds/k2-global) — Series A
- Graphene Ventures (https://capitalatlas.ai/funds/graphene-ventures) — Series A
- XFactor Ventures (https://capitalatlas.ai/funds/xfactor-ventures) — Series A
- XRC Labs — Series A
- Relish Works, Inc. — Series A
- Industrious Ventures (https://capitalatlas.ai/funds/industrious-ventures) — Series A
- Barrel Ventures (https://capitalatlas.ai/funds/barrel-ventures) — Series A
- Function Collective, Inc. (https://capitalatlas.ai/funds/function-collective-inc) — Series A