About 34 Degrees
34 Degrees is a company based in Denver (United States) founded in 2003 by Craig Lieberman.. 34 Degrees has raised $3.4 million across 1 funding round from investors including Fresca Foods. The company has 6 employees as of December 31, 2022. 34 Degrees offers products and services including Entertaining Crisps, Mates Cheese Crisps, Variety Pack, Rosemary Crisps, and Original Crisps. 34 Degrees operates in a competitive market with competitors including Popchips, The Good Crisp Company, Burts, Spudsy and Deep River Snacks, among others.
- Headquarter Denver, United States
- Employees 6 as on 31 Dec, 2022
- Founders Craig Lieberman
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name 34 Degrees Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.4 M (USD)
in 1 rounds
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Latest Funding Round
$3.4 M (USD), Series A
Oct 09, 2017
- Investors
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Employee Count
6
as on Dec 31, 2022
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Products & Services of 34 Degrees
34 Degrees offers a comprehensive portfolio of products and services, including Entertaining Crisps, Mates Cheese Crisps, Variety Pack, Rosemary Crisps, and Original Crisps. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Gourmet crisps designed for events and daily snacking
Gluten-free crisps made with real gouda for versatile use
Assorted flavored crisps for sampling and entertaining
Herb-flavored crisps suitable for cheese boards
Classic crisps for everyday snacking and recipes
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Funding Insights of 34 Degrees
34 Degrees has successfully raised a total of $3.4M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.4 million completed in October 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.4M
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First Round
First Round
(09 Oct 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Series A - 34 Degrees | Valuation | Fresca Foods |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 34 Degrees
34 Degrees has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fresca Foods. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Fresca Foods is engaged in natural and organic food manufacturing.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 34 Degrees
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 34 Degrees
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
34 Degrees Comparisons
Competitors of 34 Degrees
34 Degrees operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Popchips, The Good Crisp Company, Burts, Spudsy and Deep River Snacks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Potato chips are manufactured by Popchips as a core activity.
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| domain | founded_year | HQ Location |
Gluten-free potato chips in various flavors are produced and sold.
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| domain | founded_year | HQ Location |
Potato chips brand
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| domain | founded_year | HQ Location |
Brand of potato puffs
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| domain | founded_year | HQ Location |
Snack foods are manufactured and distributed in the United States.
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| domain | founded_year | HQ Location |
A leading brand specializing in extruded snack products for consumers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 34 Degrees
When was 34 Degrees founded?
34 Degrees was founded in 2003 and raised its 1st funding round 14 years after it was founded.
Where is 34 Degrees located?
34 Degrees is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Is 34 Degrees a funded company?
34 Degrees is a funded company, having raised a total of $3.4M across 1 funding round to date. The company's 1st funding round was a Series A of $3.4M, raised on Oct 09, 2017.
How many employees does 34 Degrees have?
As of Dec 31, 2022, the latest employee count at 34 Degrees is 6.
What does 34 Degrees do?
34 Degrees was founded in 2003 in Denver, United States, within the savory snack sector. Crackers, known as crisps or chips, are manufactured in flavors including Cracked Pepper, Toasted Onion, and Rosemary. These products are positioned as light accompaniments to dips, sauces, and cheeses. Distribution occurs through retailers and online platforms such as Amazon. The Vanilla variant was awarded The Gourmet Retailers best new product in 2017.
Who are the top competitors of 34 Degrees?
What products or services does 34 Degrees offer?
34 Degrees offers Entertaining Crisps, Mates Cheese Crisps, Variety Pack, Rosemary Crisps, and Original Crisps.
Who are 34 Degrees's investors?
34 Degrees has 1 investor. Key investors include Fresca Foods.