PeaTos Closes Series A3 Funding

PeaTos

PeaTos, a Los Angeles, CA-based snack brand, raised an undisclosed amount in Series A3 funding.

The round was led by POST Holdings, Inc (NYSE:POST), and other high profile private investors.

The company intends to use the funds expand its business reach.

Led by founder Nick Desai, PeaTos is a brand which offers all-plant based, vegan snack featuring protein and fiber, contains no artificial ingredients, and made with non-GMO ingredients. The company uses proprietary technology to offer a plant-based, full “junk food” experience. It is available at more than 7000 retail outlets including Walmart, Sam’s Club, Kroger, Sprouts, CVS Health, H-E-B stores and online at Peatos.com and Amazon.

Investors also include Carlos Barroso, former head of Global R&D for PepsiCo; Carl Lee, former CEO of Snyder Lance; and Apu Mody, past president of Mars Food.  

FinSMEs

01/12/2022