A healthful snack-food maker in Charlotte, N.C., has raised $1 million in a seed spherical of funding from investors like Cleveland Cavaliers star Kevin Really like and his fiancée, supermodel and entrepreneur Kate Bock.
The firm, Abby’s Far better, would make nut butters and chunk-sizing treats that are gluten-totally free, peanut-totally free, paleo- and plant-primarily based. It said in a news launch that the $1 million in seed funding is a precursor to a Collection A funding start.
Particular terms of the seed-spherical expenditure that incorporates Adore and Bock were being not disclosed.
Abby’s Better stated in the release that proceeds of the non-public spherical will be employed “to construct even further model recognition by elevated promoting and to even further scale national distribution.”
Founder and CEO Abby Kircher, who launched the business in 2015 when she was 15 yrs old, explained in a assertion, “We have an amazingly sturdy workforce overseeing product sales, internet marketing, and logistics. With our team totally controlling our manufacturing and packaging, we can proceed to scale and meet up with the demands of our quick-growing viewers, beautifully positioning our business to capture substantial market share.”
Like reported in a assertion that he was “amazed by the corporation that Abby has created and the goods her team has brought to sector.” Bock mentioned she has develop into a fan of the corporation since she’s “passionate about clean up, wholesome ingesting.”
Abby’s Far better merchandise are offered in 11 states, which include Ohio. In the Cleveland market place, they’re readily available at Heinen’s and Whole Meals.
Really like is creating a behavior of investing in providers in the healthy food stuff place. Very last yr, he invested in a startup identified as Vejo, maker of a portable good blender aimed at earning it a lot easier to consume very well on the go.