Spero Foods
Latest round
- Series A
Last raised
- Jun 2020
Total raised
- $0.1M
Investors
- 4
About Spero Foods
Spero Foods, Inc. specializes in plant-based food products, focusing on creating sustainable and innovative alternatives for consumers seeking healthier dietary options.Founded in 2016 and headquartered in San Jose, US, Spero Foods, Inc. is dedicated to developing plant-based food alternatives. The company has not undergone significant pivots since its inception. Its founder, Phaedra Randolph, who serves as the CEO, has a background in food innovation.Spero Foods offers a range of plant-based food products that cater to health-conscious consumers. Their innovative offerings include alternatives to dairy and other traditional food items, emphasizing sustainability and nutrition.Spero Foods generates revenue primarily through the sale of its plant-based food products to retailers and directly to consumers. The company's revenue model includes a variety of pricing strategies based on product categories, aimed at maximizing customer engagement and retention.Spero Foods plans to launch several new plant-based products by the end of 2023, targeting innovative alternatives that meet rising consumer demand. The company aims to expand its market presence beyond the US, with particular focus on entering European markets by 2024.17 mn will be utilized to support product development and market expansion initiatives, enhancing Spero’s capabilities to reach a broader audience and fulfill growing demand for plant-based foods.
Who invested in Spero Foods
4 investors across 3 rounds
See all investors in Spero Foods
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Spero Foods
Who invested in Spero Foods?
Spero Foods has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Spero Foods raised?
Spero Foods has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Spero Foods last raise money?
Spero Foods's most recent round on record is a Series A, in Jun 2020.
What does Spero Foods do?
Spero Foods is a food company.
Where is Spero Foods headquartered?
Spero Foods is headquartered in San Jose, US.
Which VCs invest in companies like Spero Foods?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back food companies at Spero Foods's stage. Their profiles are linked below.
VCs backing food startups at Series A
Raising like Spero Foods? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.