San Francisco California based Pod Foods is raising $10,000,000.00 in New Equity Investment.
San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Pod Foods is raising $10,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Larissa Russell played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Pod Foods
The Pod Foods team has been manufacturers, food scientists, retailers, demo specialists, merchandisers, cooks, bakers, trade show planners and packaging sticker-ers. We know first-hand your pain points and make it our everyday mission to be a part of your growth. In 2014, we (the Pod Foods co-founders, Fiona Lee and Larissa Russell), started a cookie company called Green Pea Cookie. We carried boxes, we mixed dough, we stickered packaging, we baked with our hearts and souls until 2AM. we get it. Our story is the story of the brands on our catalog: Like so many, we were faced with a common distribution dilemma: we could self-distribute to a limited set of direct retail accounts, or we could attempt to work with the big traditional distributors that were conceived decades ago. We knew they could easily squeeze us out with their high cost and opaque operations. Three years later, we decided to stop making cookies and create a tech-enabled grocery supply chain designed for emerging brands first. We needed Pod Foods, so we created it. In nature, a pod creates an environment for peas to grow and thrive, and that’s what were doing for emerging brands. The Pod Foods distribution platform is always improving as we grow alongside our brands and retailers, this is our dedication and our mission.
To learn more about Pod Foods, visit http://podfoods.co/
Contact:
Larissa Russell, Chief Executive Officer
415-910-3774
https://www.linkedin.com/in/rissyrussell/
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