The US baby food market is expected to exceed $100B per annum by 2025. The importance of proper nutrition during early childhood cannot be understated. Yet, the incumbent baby food producers have a long history of using sugar, salt, and fat in their offerings. Little Spoon is a direct-to-consumer brand focused on providing high-quality, nutrient-rich organic food for babies and children, free of artificial sugars, preservatives, and, additives. The company ships nationwide with the baby offering (Babyblends) starting at less than $3/meal with the kid’s line (Plates) starting below $5/meal. The company recently launched its own online parenting community – Is This Normal, a resource-based destination for parents to converge around topics related to parenting. As the pandemic led the push towards unprecedented interest in digital and online solutions, Little Spoon recorded 300% growth year-over-year. AlleyWatch caught up with the Little Spoon founding team (Lisa Barnett, President and CMO; Ben Lewis, CEO Michelle Muller, Chief Experience Officer; and Angela Vranich) to learn more about the business, the company’s strategic plans, latest round of funding from Valor Equity Partners and Kairos HQ.
6 fundings totaling more than a quarter of a billion dollars; three of the companies are women-led. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 7/21/2021 featuring funding details for Titan, Vincent, and much more.
The notable startup fundings for the week ending 5/9/20 featuring funding details for Emtrain, Medable, Robinhood, and much much more.
The latest venture capital, seed, and angel deals for NYC startups for 2/6/19 featuring funding details for Outlaw, By Humankind, and Little Spoon.