Foodstirs Raises Series A Round
LOS ANGELES, Oct. 27, 2016 (GLOBE NEWSWIRE) — Foodstirs, focused on re-traditionalizing the home baking experience, today announced that it has closed its Series A funding. The investment was led by Cambridge Companies SPG, Ken Wegner, Mucker Capital and Beechwood Capital, with several significant existing investors also participating. The new funding will support Foodstirs continued expansion into retail and online.
“We are thrilled to close this round of funding as it will help us advance our mission of modernizing home baking. Our organic line of products contain clean & green direct-sourced ingredients that offer homemade-easy recipes everyone can enjoy and at an accessible price,” said Galit Laibow, CEO and co-founder of Foodstirs. “In addition, it’s great to know we’ve brought on the right investment partners to assist Foodstirs with getting to the next growth stage.”
Since launch in October 2015, Foodstirs has successfully disrupted the baking category and delighted tens of thousands of customers. Their products are already available at Whole Foods in the Northeast, Los Angeles based specialty grocery chain, Gelson’s, and on their own website at Foodstirs.com with many more outlets soon to come.