Banza, a NY-based pasta brand, raised $20m in growth funding.
The round was led by Enlightened Hospitality Investments and Prelude Growth Partners.
The company intends to use the funds to grow the team, its marketing efforts and commercialize its product pipeline.
Co-founded in 2014 by Brothers Brian and Scott Rudolph, Banza offers chickpea pastas that have nearly double the protein, three times the fiber, and one-third fewer net carbs than traditional pasta (made with wheat, corn, and rice). Beyond pasta, the company recently launched chickpea mac & cheese and chickpea rice and the funding coincides with the launch its latest product, which is Banza Lasagna.
Today, the products are sold in Whole Foods and Target in 12,000+ retailer doors nationwide.