Bachan’s, a Sebastopol, CA-based authentic Japanese Barbecue Sauce brand, raised $13m in Series A funding.
The round was led by Sonoma Brands Capital with participation from existing investor Prelude Growth Partners and New Fare Partners, along with RVCA founder and president Pat Tenore, and American filmmaker Destin Daniel Cretton. Sonoma Brands Capital’s Managing Partner Jon Sebastiani is joining Bachan’s Board of Directors.
The investment will further accelerate the company’s retail expansion, team, and product innovation.
Led by founder and CEO Justin Gill, Bachan’s boasts a product portfolio of four core Japanese Barbecue Sauce flavors – The Original, Hot and Spicy, Yuzu, and Gluten-Free, which are available at more than 11,000 retail doors nationwide, including Costco, Whole Foods Market, Sprouts Farmers Market, Target, Kroger, H.E.B., Bristol Farms, Gelson’s Market, The Fresh Market, Fresh Thyme, and more. The brand is increasing distribution with rolling out to Publix and Albertsons nationwide in the fourth quarter of this year. The company also sells online at www.bachans.com and holds five of the top 10 best-selling BBQ sauce rankings on Amazon.com.
FinSMEs
09/09/2022