Revolution Foods completed a new $35 million equity offering
| XDATA – December 4th 2015 | ||||
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| Revolution Foods issued equity for a total of $35.22 million in a non-brokered investment round. The transaction which started on November 19th, garnered the support of fifteen investors. A total of twelve unregistered securities offerings closed by the company raised an estimated $119.01 million. | ||||
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| Revolution Foods markets and manufactures fresh prepared meals made using natural ingredients. The company supports schools and food service directors by offering fresh, hand-prepared breakfast, lunch, snack and supper meals and products. The company also markets meal kits for kids available in retail stores. The food contains no artificial colors, flavors or preservatives, no high fructose corn syrup, no nitrates and no fillers. The company is backed by DBL Investors, Oak Investment Partners, Catamount Ventures, New Schools Venture Fund, the Westly Group and Physic Ventures. | ||||
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| The company, headquartered in Oakland CA, is led by Kristin Groos Richmond (President and CEO). Revolution Foodselected to keep its revenues undisclosed. The executive team includes Kendall Baker and Kirsten Tobey. The board of directors includes Jed Smith, Jim Shelton, Kathy Roland, Michael Dorsey, Richard Schneiders and Steven Case. The company has raised an estimated total of $154.23 million via private unregistered security offerings. |
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| Offering recap Status: Completed Company: Revolution Foods Industry: Other Amount offered: $35.22 million Amount placed: $35.22 million SEC filing: Source First sale: 11-19-2015 Data as of: 12-02-2015 |
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