Spiceology Raises $4.7M in Series A Financing

Spiceology

Spiceology, Inc., a Spokane, Wash.-based spice company, closed a $4.7m round of financing.

The round was led by Ty Bennett, with participation from the Cowles Company, Kickstart Funds III & IV and a collection of angel investors.

The company will use the funds to bring process automation to its SpiceLab operations, and to further accelerate its sales and marketing efforts.

Founded in 2013 and led Chip Overstreet, president & CEO, Spiceology offers more than 300 premium spices, herbs, salts, chilis, blends, confections, fruit & vegetable powders and modernist ingredients. The products are sold direct to consumers and chefs across the US & Canada, and has customers reaching from Australia to Dubai.

In addition, Roger Landrum has joined the company as senior vice president of Global Supply Chain & Operations.

FinSMEs

24/09/2020

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