Cappello’s, a Denver, CO-based maker of real-ingredient foods, closed a Series B funding round.
The round was led by Alliance Consumer Growth with participation from Finn Capital Partners.
The company intends to use the funds to accelerate new distribution in key markets and connect with new consumers.
Co-Founded by co-CEOs Ben Frohlichstein and Stacey Marcellus, Cappello’s focuses on real-food ingredients turning traditional foods into nutritionally relevant, lower carb, higher protein creations. The company found success in the frozen aisle, launching into 30% more storefronts in 2020 than in 2019 with their biggest retail partners being in the Natural Channels.