Rhythm Superfoods Closes $6m Series D Financing Round

RSF_Primary_LogoRhythm® Superfoods, an Austin, Texas-based creator of organic and non-GMO plant-based superfood snacks, closed a $6m Series D financing round.

The round – filled exclusively through CircleUp, the investment marketplace for consumer and retail companies – was led by 301 INC, the new business development and venturing unit of General Mills, with participation from Blueberry Ventures and the CircleUp Growth Fund.

The company intends to use the funds to expand capacity, support sales and marketing initiatives as well as help drive innovation through new product development.

Founded in 2009 and led by Scott Jensen, CEO, Rhythm Superfoods provides plant-based superfood snacks including Kale Chips, Broccoli Bites, Roasted Kale and Beet Chips, currently available in over 5,000 grocery stores nationwide such as Whole Foods, Sprouts, Kroger, Stop & Shop, Publix, Albertsons, Safeway, Target, Starbucks, and Costco and retails for $3.99 to $4.99 depending on the product.

FinSMEs

18/01/2017

Join the discussion