The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

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.

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 2020 by Diane and Laurel Orley, alongside entrepreneur Dan Stephenson, Daily Crunch has quickly established itself as the leading sprouted nut brand in the US, boasting approximately 16,500 retail distribution points.

The company's growth trajectory has been fuelled 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.

Launch Tennessee, a non-profit organisation dedicated to supporting entrepreneurs, played a pivotal role in this round, which also emphasizes the company's commitment to female leadership – over half of the investors are women.

"This funding will enable us to further innovate and expand our marketing efforts," said co-founder Laurel Orley. "Our goal is to make Daily Crunch a staple in pantries across America."

Daily Crunch's products are available in major retailers such as Target, Meijer and CVS, and the company has garnered attention for its sustainability initiatives.

The brand sources its almonds from bee-friendly farms and uses post-consumer recycled packaging, aligning with a growing consumer demand for environmentally responsible products.

As part of its strategic growth, Daily Crunch has formed a Board of Directors, appointing veteran CPG leader Nancy Pak, former CEO of Tate's Bake Shop, to guide the company through its next phase. Pak's extensive experience in the consumer packaged goods sector is expected to bolster Daily Crunch's operational and strategic capabilities.

#DailyCrunch #healthysnacks #snacking #US #funding