Fourth & Heart, a Los Angeles, CA-based premium artisanal ghee manufacturer, closed a $1M Series A funding.
The investment, made by an undisclosed individual, was raised on CircleUp, an investment marketplace for emerging consumer and retail companies.
The company intends to use the funds to develop new innovative food products.
Led by Raquel Tavares Gunsagar, founder and CEO, Fourth & Heart is a premium artisanal brand that has introduced flavored ghee to the consumer market. The product portfolio features grass-fed, pasture-raised and glyphosate-free ghee in the gourmet flavors White Truffle Salt, Himalayan Pink Salt, California Garlic, Madagascar Vanilla Bean and Original Recipe.
This assortment of ghee flavors can now be found in over 3,500 stores nationwide including Whole Foods Market, Central Market, Earth Fare, Lucky’s Market, Fresh Thyme, Kroger, Sprouts, Giant Eagle, and other independent stores.
Fourth & Heart is also available online at Thrive Market, Amazon, and soon will launch an e-commerce section on their own site FourthandHeart.com.
The company plans to close the year in 6,000 stores nationwide.