Siete Family Foods, an Austin, TX-based Mexican-American food brand, raised $90m in funding.
The round was led by Stripes Group.
The company intends to use the funds for continued growth, particularly in staffing, new product development and distribution.
Co-founded in 2014 by siblings Veronica (President and Chief Innovation Officer) and Miguel Garza (Chief Executive Officer) and their mother Aida Garza, Siete Family Foods makes grain free Mexican-American food offering grain free chips, grain free tortillas, hot sauces, cashew queso and an expanding lineup of heritage-inspired products to be found in more than 4,400 stores across the country. They are also available for purchase online at sietefoods.com.
Siete employs 40 full-time staff members and plans to nearly double that again in 2019.