Tech Company Financing Transactions

BetterBrand Funding Round

BetterBrand closed a $6 million Series A financing round on 6/21/2023. Investors included Verso Capital, Craft Lane and Gaingels.

Transaction Overview

Company Name
Announced On
6/21/2023
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors

Verso Capital (Lead Investor)

Craft Lane

Gaingels

private investors (Chris Hollod)

private investors (Emmy Rossum)

private investors (Glenne Azoff)

private investors (Jeff Azoff)

private investors (Kyle Vogt)

private investors (Patrick Schwarzenegger)

private investors (Sean Thomas)

Seven Seven Six

Proceeds Purpose
The company is focused on growth, so the funds will be used to expand into new markets across North America and Europe and on continued innovation and product development poised to begin rolling out in coming months.

Company Information

Company Status
Private & Independent
Industry
FoodTech
Mailing Address
228 Park Avenue 2329976
New York, NY 10003
USA
Phone
Undisclosed
Email Address
Overview
Operator of a food tech company intended to offer nutritious refined carb category food. The company's product transforms the carb-heavy bagel, into the net carb equivalent of two slices of banana, while featuring plant-based protein, no added sugar, and a completely clean label, non-genetically modified organism (GMO) verified ingredient deck, enabling consumers to reduce the consumption of refined carbohydrates thereby lessen the impact of obesity.
Profile
BetterBrand LinkedIn Company Profile
Social Media
BetterBrand Company Twitter Account
Company News
BetterBrand News
Facebook
BetterBrand on Facebook
YouTube
BetterBrand on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tyler Denk
  Tyler Denk LinkedIn Profile  Tyler Denk Twitter Account  Tyler Denk News  Tyler Denk on Facebook


 

 

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Next: 6/21/2023: RezKit venture capital transaction

 

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