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Venture Capital News: RIND Snags $6.1M Series A

2021-06-17
NEW YORK, NY, RIND®, makers of functional and sustainable whole fruit snacks, announced the closing of a $6.1 million Series A capital raise.
The round was led by Valor Siren Ventures (VSV), an early-stage investor in sustainability, food, food technology, retail, and retail technology, along with a follow-on investment from Melitas Ventures. Since launching in 2018, RIND® has disrupted the dehydrated snack category with its "skin-on superfruit" that maximizes nutrition, minimizes food waste and helps combat childhood hunger through a newly launched school snacks campaign. With the fruit snack market projected to grow at an 8.4% CAGR through 2025*, this new funding further positions RIND® as a purpose-driven leader in a once sleepy category.

RIND® makes whole-food, nutrient dense and zero waste snacks at the intersection of function and sustainability. Launched in NYC in 2018, RIND® is the result of a multigenerational family focus on delicious, all-natural foods that sustain personal and planetary health. By retaining the rind on 'rescued' fruit, RIND®'s snacks are packed with more fiber and vitamins and help fight unnecessary food waste by using the fruit, the whole fruit and nothing but the fruit. RIND®'s products are available nationwide across leading natural and conventional retailers as well as on fast-growing online grocery platforms. For more information visit www.rindsnacks.com.
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