# Stryve Foods

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

- Industry: Food
- Headquarters: Plano, US
- Website: www.stryve.com
- Total disclosed funding: $17M
- Latest round: Series B (Apr 16, 2019)
- Investors on record: 3

## About

Stryve Foods LLC, based in the US, specializes in creating healthier air-dried beef snacks. The company focuses on delivering high protein content with minimal ingredients, catering to health-conscious consumers seeking nutritious snack alternatives.Founded in 2017, Stryve Foods LLC is dedicated to producing air-dried beef products. The company is headquartered in Plano, Texas, US. The founders, Gabe Carimi and Ted Casey, have a background in the food industry, contributing to the company's mission of providing high-quality protein snacks. Stryve has successfully completed 3 deals, with its most recent funding round being a VENTURE DEBT raise of USD 4.1 mn on April 19, 2023. To date, the company has raised a total of USD 42.5 mn.Stryve Protein Snacks specializes in air-dried beef products as a healthier alternative to traditional jerky. Their product line includes sliced bites, sticks, and slabs, all high in protein and made from 100% premium grade beef sourced from local ranchers in the United States. These snacks go through a 14-day air drying process to enhance flavor and texture. Stryve targets health-conscious consumers throughout various markets, distributing its products in major urban centers and health-focused retail chains across the United States.In 2022, Stryve Protein Snacks reported a revenue of USD 29,945.87 mn with an EBITDA of USD -29,956.71 mn for the same year.Stryve Foods LLC plans to use the recent funding of USD 4.1 mn raised in April 2023 to support business expansion initiatives. The company is focused on developing new product offerings and expanding into new geographic markets. Specific details regarding the new products and targeted regions have yet to be disclosed, but the funding will be pivotal in facilitating these growth strategies.

## Funding rounds

- Series B, Apr 16, 2019, $17M — Murano Group, Meaningful Partners, Pendyne Capital

## Investors

- Murano Group — Series B
- Meaningful Partners (https://capitalatlas.ai/funds/meaningful-partners) — Series B
- Pendyne Capital — Series B