Foodstirs, a Los Angeles, CA-based home baking company, closed its Series A funding.
The round was led by Cambridge Companies SPG, Ken Wegner, Mucker Capital and Beechwood Capital, with participation from existing investors.
The company intends to use the funds to continue to expand into retail and online.
Launched in October 2015 by Galit Laibow, CEO, Foodstirs is an all organic, full-gluten baking mix brand with a retail product line consisting of three baking kits – Frosted Cake Pop, Celebration Cupcake, and Brownie Pop as well as five mixes – Organic Sweet Tooth Sugar Cookie, Organic Chocolate Lover’s Brownie, Organic Chocolate Chippy Cookie, Organic Simply Sweet Vanilla Cake and Organic Brooklyn Brownie (exclusively at Whole Foods).
These products are already available at Whole Foods in the Northeast, Los Angeles based specialty grocery chain, Gelson’s, and on their own website at Foodstirs.com with more outlets soon to come.
FinSMEs
27/10/2016