Snack-delivery startup garners $12 million in Series B funding

Funding Rounds

Summary

Award-winning snack delivery app SnackNation has bagged a big Series B funding round of $12 million, the startup company announced Wednesday. The food delivery startup brings snacks to homes and businesses and has gained partnerships with important brands like Microsoft and MailChimp. With a curation process that includes taste-testing by a panel and ingredient reviews, SnackNation aims to bring the best snacks to your home or office. “With retail shelf space shrinking and people spending less time in brick and mortar grocery stores, creating new brand-consumer access points – especially with better-for-you products – is essential. “SnackNation is a smart marketplace and unquestionably the leader in providing better-for-you snacks to the workplace and home,” said Dave Leyrer, Founding Partner at 3L Capital, which focuses on investing in startups in the media and consumer sectors.

$ Funding

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Amount $12.0M Total raised
Date May 30, 2018 Announcement date
Investors SnackNation Lead investors
Company http://www.snacknation.com Funded company

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InsurTech
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Data Management

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