# The Coconut Collaborative

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-coconut-collaborative

- Industry: Food
- Headquarters: London, UK
- Website: www.coconutco.co.uk
- Total disclosed funding: $7M
- Latest round: Series A (Mar 19, 2020)
- Investors on record: 1

## About

The Coconut Collaborative Ltd. is a producer of coconut-based products, particularly known for its creamy yoghurts and indulgent desserts, catering to health-conscious consumers seeking plant-based alternatives.Founded in 2014 in London, UK, The Coconut Collaborative Ltd. specializes in coconut-based foods. The company has raised GBP 6.00 mn in Series A funding from GroundForce Capital, which has contributed to a current valuation of GBP 42.46 mn. The founder, Steve Bessant, has a background in entrepreneurship, having previously launched other ventures. The most recent funding round occurred on March 19, 2020, and the company has engaged in one total deal to date.The Coconut Collaborative Ltd. produces a variety of coconut-based products, emphasizing creamy yoghurts and functional desserts made from hand-picked coconuts. These offerings are designed for health-conscious consumers seeking plant-based alternatives, with a diverse range of coconut yoghurts, desserts, and custards. The product lineup aims to satisfy various dietary preferences, particularly targeting those looking for dairy-free options across the UK and select European markets.In the most recent year, The Coconut Collaborative Ltd. reported revenue of GBP 20,494,541.60 with an EBITDA of GBP -1,354,223.70. The company's revenue model includes direct-to-consumer sales and partnerships with retailers and wholesalers, making its products available in supermarkets and health food stores. The pricing strategy supports both individual and bulk purchases, appealing to both consumers and businesses interested in plant-based product offerings.The Coconut Collaborative Ltd. is focused on expanding its product range and entering new markets. Upcoming product launches are anticipated, although specific release dates have yet to be disclosed. Plans for market expansion include targeting additional regions in Europe, leveraging the GBP 6.00 mn raised in the Series A round to support these initiatives. This funding has enabled the company to enhance its operational capabilities and pursue strategic partnerships for growth.

## Funding rounds

- Series A, Mar 19, 2020, $7M — GroundForce Capital

## Investors

- GroundForce Capital (https://capitalatlas.ai/funds/groundforce-capital) — Series A