The Naked Market, a San Francisco-based CPG brand, closed a $6M seed funding round.
Backers included Holtzbrinck Ventures, BEB Capital, Rick Rieder (BlackRock’s Global Chief Investment Officer of Fixed Income), Integrated Capital, Sequoia Capital’s Scout Fund, NFQ Capital, Yves Potvin (founder of Garden Protein), and Liberty Ventures.
Founded in 2019 by CEO Harrison Fugman, The Naked Market has built brands such as acai Beach House Bowls, Flock Chicken Chips, and AvoCrazy Avocado Puffs.
The company intends to use the funds to increase their product line by six additional brands in the next 12 months including Project Breakfast, a plant based & keto friendly morning beverage available in three flavors, Vanilla Chai, Green Tea Matcha, and Morning Chocolate. The new offering features 14 grams of protein, 3G Net Carbs, 2 grams of sugar and enriching MCT Oils.
FinSMEs
04/11/2020