Despite volatility in the current economic landscape, PeaTos snack brand continues to disrupt the $21B market for salty “junk food” style snacks currently dominated by industry Goliath Frito Lay, and has completed a $7M Series A raise led by Jackson Springs Management Partners (JSMP) and Connetic Ventures, and including such celebrity investors as Hall of Fame basketball player Tracy McGrady.
“While the global pandemic has been a very challenging time for so many, PeaTos has been fortunate to see strong growth in all channels,” says Nick Desai, founder and CEO. “We are ecstatic to have received such an enthusiastic response to our raise as well as to welcome Greg Pearlman of JSMP to the Board.”