# Revolution Foods PBC

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

- Industry: Food
- Headquarters: US
- Website: www.revolutionfoods.com
- Total disclosed funding: $97M
- Latest round: Series J (Mar 25, 2019)
- Investors on record: 11

## About

Revolution Foods, based in California, specializes in providing nutritious, freshly prepared meals for K-12 schools and senior communities, enhancing community wellness through healthy eating options.Founded in 2006 in the US, Revolution Foods focuses on delivering nutritious meal programs tailored for educational and senior care institutions. The company has undergone strategic shifts to enhance its community impact and sustainability. The firm was recently acquired by Whitson’s Food Service Corp., expanding its operational capabilities. The company has received a total of USD 59.82 mn in funding through several rounds, with its latest funding round occurring in December 2022, involving investors such as L2 Point and Morgan Stanley Private Equity Asia.Revolution Foods specializes in the delivery of nutritious, freshly prepared meals tailored for K-12 schools and senior communities across California. Their core offerings include a diverse range of meal programs designed to meet the dietary needs of students and seniors, all while complying with USDA nutrition standards. The company focuses on enhancing community wellness by providing meals that avoid harmful ingredients such as certain artificial colors, sweeteners, and preservatives. Revolution Foods partners with local vendors and stakeholders to deliver approximately 50 million meals annually, serving a broad client base that encompasses educational institutions, senior care facilities, and community organizations. The geographical markets served extend beyond California, with the potential for scalable operations in urban areas nationwide that prioritize healthy eating and local sourcing.Revolution Foods generates revenue through contracts with public and private educational institutions, senior meal programs, and community feeding initiatives. The company structures its transactions primarily through direct partnerships with school districts and senior care providers, offering specialized meal plans that cater to the unique needs of each client. Payments are typically processed on a per-meal basis, ensuring that clients can easily manage their budgets while maintaining high meal participation rates. With a significant focus on community wellness in its service model, Revolution Foods engages in long-term partnerships rather than one-off sales transactions, reinforcing its commitment to delivering value through healthy meal options. The company's revenue strategy is designed to support its mission of providing healthy meals for all, fostering a community-oriented approach to nutrition.Looking ahead, Revolution Foods plans to expand its product offerings and market reach. The company is focused on designing new meal programs tailored for diverse community needs, with plans for launch in 2023. Additionally, the acquisition by Whitson’s Food Service Corp. positions Revolution Foods for geographic expansion beyond California into urban areas nationwide, with specific target markets identified for 2024. The recent funding of USD 59.82 mn will be utilized to support these initiatives, enhancing operational efficiency and community outreach.

## Funding rounds

- Series J, Mar 25, 2019, $12M — Nuveen
- Series I, Nov 19, 2015, $35M — Oak Investment Partners, Catamount Ventures, The Westly Group, Revolution Ventures, Collaborative Fund, NewSchools Venture Fund, PaoCapital, Emerson Collective
- Series H, Jun 3, 2014, $32M — NGEN Partners, Oak Investment Partners, Catamount Ventures, The Westly Group, Revolution Ventures, Bay Area Equity Group
- Series G, Jul 23, 2013, $18M — NGEN Partners, Oak Investment Partners, Catamount Ventures, The Westly Group, Bay Area Equity Group

## Investors

- NGEN Partners (https://capitalatlas.ai/funds/ngen-partners) — Series G, Series H
- Oak Investment Partners (https://capitalatlas.ai/funds/oak-investment-partners) — Series G, Series H, Series I
- Catamount Ventures (https://capitalatlas.ai/funds/catamount-ventures) — Series G, Series H, Series I
- The Westly Group (https://capitalatlas.ai/funds/the-westly-group) — Series G, Series H, Series I
- Bay Area Equity Group — Series G, Series H
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Series H, Series I
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series I
- NewSchools Venture Fund (https://capitalatlas.ai/funds/newschools-venture-fund) — Series I
- PaoCapital — Series I
- Emerson Collective — Series I
- Nuveen (https://capitalatlas.ai/funds/nuveen) — Series J