Part of the Food Tech and Social Entrepreneurship Series
What they do: AccelFoods invests and curates disruption in the packaged food and beverage industry.
How they do it: AccelFoods is a $35MM fund that invests in disruptive food and beverage companies, granting $250,000 to $3 million per deal, depending on the stage and scope of the company. Their portfolio companies introduce innovative products and go-to-market strategies that push the boundaries of today’s food and beverage industry.
Official mission: N/A
Latest project: In March 2017, AccelFoods had a final close on its $35MM second fund.
Major funding: N/A
Interesting fact about how they are working to change the food system: With over 30 portfolio companies, they partner with founders who are resourceful, resilient and relentless, and provide them with industry access, expertise, and infrastructure to propel innovation and fuel growth.
Origin story: Co-founders and Managing Partners, Jordan Gaspar and Lauren Jupiter, were introduced by a mutual friend in 2012 and, together, formally launched AccelFoods in 2013.
How they make money: AccelFoods requests an equity stake in the companies they invest in.
Upcoming projects: AccelFoods continues to be an active investor on the leading edge of the CPG food and beverage space.
Target clients: Innovative packaged food and beverage companies
Location: New York, NY
Core Programs: Venture Fund
Number of staff and/or volunteers: 1-10 employees
Areas served: USA
Directors: Lauren Jupiter and Jordan Gaspar, co-founders and managing partners
- Website: http://www.accelfoods.com/
- Phone: N/A
- E-mail: [email protected]
- Address: 20 W 22nd St., Suite 502, NY NY 10010