SnackNation, a Los Angeles, CA-based enterprise snack delivery service, raised $12m in Series B funding.
The round, which brings total venture funding to $22.5m, was led by 3L Capital.
The company intends to use the funds to expand its current enterprise network while opening-up new distribution channels such as hospitality and transportation, to scale its direct-to-consumer (at-home) business and further position itself as the go-to marketplace for emerging CPG brands.
Led by Sean Kelly, CEO, SnackNation is a nationwide tech-enabled service that curates and delivers snacks and innovative brands to America’s most prestigious companies, including Microsoft, MailChimp, Soothe, and more. The company also gathers comprehensive data on snacking, consumption and other market research that helps accelerate its product selection and rotation. All SnackNation curated brands must pass a vetting process that includes an ingredient review, tasting panel data and must adhere to a SnackNation Unacceptable Ingredient Protocol.
Currently, SnackNation serves hundreds of thousands of people in thousands of offices and homes in all 50 states across America, and has over 150 employees.
FinSMEs
30/05/2018