Quinn natural foods snack brand secures $10M in Series B round of funding
Quinn, a natural foods snack company known for reimagining classic snacks, announced it has secured $10 million in a Series B round of funding led by NewRoad Capital Partners, a growth equity firm with an operator-focused, demand-driven investment platform. The round includes a follow-on investment from Boulder Food Group, Echo Capital, and Sunil Thakor. The funding will support growth, product innovation, and the company’s Be Better. Do Better. sustainability mission centered around advancing agriculture towards more regenerative approaches. In addition, Michele Meyer, an operating partner at NewRoad Capital Partners and former president of Small Planet Foods a General Mills’ Snacks Operating Unit, will be joining Quinn’s board of directors.
Established in 2010, only three days after founder Kristy Lewis’ son Quinn was born, the company’s mission is to use the very best real ingredients backed with a commitment to supporting agriculture and food transparency. Quinn has established itself as a salty snack leader in over 10,000 doors across the natural, mass, and conventional grocery channels as well as e-commerce. Excitement for the brand’s innovative snacks, which include both savory and indulgent product offerings, has led to 60 percent growth in revenue year over year since 2019. Quinn is the #1 driver of growth in the pretzel subcategory and now the 5th largest driver of growth in the entire salty snack category in both the Natural Channel and Whole Foods Market. Not only is their strong pretzel growth in brick and mortar, up 120.8 percent YoY in MULO, and up 287.7 percent YoY at Walmart, Quinn has also created a massive following in E-comm with partners like Thrive, Hive, and Imperfect Foods.