Daily Crunch closes $4 million Series A round
Launch Tennessee was lead investor for the Nashville company that is focused on the rapidly growing healthy snacks sector.
Daily Crunch, a rapidly growing player in the healthy snacks sector, has successfully closed a $4 million Series A funding round led by Launch Tennessee.
According to an article in FoodBev Media, this investment marks a significant milestone for the company, known for its unique sprouted nut snacks, as it transitions from a direct-to-consumer model to a broader retail presence.
Founded in Nashville in 2020 by Diane and Laurel Orley, alongside entrepreneur Dan Stephenson, Daily Crunch has quickly established itself as the leading sprouted nut brand in the U.S., boasting approximately 16,500 retail distribution points.
The company’s growth trajectory has been fueled by its innovative sprouting process, which enhances the nutritional profile and crunchiness of its products, setting them apart in a crowded snack market.
The funding round attracted a diverse group of investors, including notable industry founders and strategic partners, reflecting a growing interest in health-focused snack options. One of those was Knoxville-based Market Square Ventures which announced Daily Crunch as one of its first three investments.
“This funding will enable us to further innovate and expand our marketing efforts,” said Laurel Orley. “Our goal is to make Daily Crunch a staple in pantries across America.” The company‘s products are available in major retailers such as Target, Meijer and CVS, and the company has garnered attention for its sustainability initiatives.
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