HumanCo Raises $35 Million To Provide Meaningful Growth Capital For Its Owned And Acquired Brands
Summary
Joining existing Series A investors such as Vista Equity Partners co-founder Brian Sheth and Scarlett Johansson, this new round includes highly strategic and like-minded celebrity investors including 8VC (Joe Lonsdale), JAZZ Venture Partners, PLUS Capital, Dr. Mark Hyman, Indra Nooyi (Former CEO of PepsiCo), Kurt Seidensticker (Founder of Vital Proteins), Nick Green (Founder of Thrive Market), Walter Robb (Former CEO of Whole Foods), Patrick OShaughnessy, Shawn Mendes and manager Andrew Gertler, Priyanka Chopra Jonas and manager and investor Anjula Acharia, Nick Jonas, Venus Williams, Andy Roddick and Brooklyn Decker, Cindy Crawford and Rande Gerber, Edward Norton, and more. Karp built HumanCo as a second chapter after co-founding Hu - one of the fastest growing healthy snack brands known for its award-winning organic chocolate - to bring back trust and quality in consumer products by acquiring, incubating, and building companies with health and sustainability at their core. "With this recent round of funding, we have gained an incredible and diverse amount of institutional knowledge and resources that will benefit our existing and future brands within the HumanCo family. With this acquisition, HumanCo will work closely with Against the Grain founders Nancy and Tom Cain to further strengthen the brand to meet the demands of todays health-conscious consumer, while simultaneously accelerating growth through investments in sales, marketing, and innovation. With the diverse, unparalleled team of investors, advisors and partners, HumanCo is uniquely positioned to build the leading brand platform in health and wellness, powered by its deep operational and financial capabilities.