About Bandit
Bandit is a company based in Philadelphia (United States) founded in 2022 by Bo Babaki. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Bandit has raised $1.5 million across 1 funding round from investors including Prime Movers Lab. Bandit offers products and services including Barn Cat Wedges, Sharp Pimento, Philly Spread, Garlic Za'atar, and Maverick Wedges. Bandit operates in a competitive market with competitors including Milky Mist Dairy Food, Lifeway Foods, HP Hood, Schreiber Foods and Sonoma Creamery, among others.
- Headquarter Philadelphia, United States
- Founders Bo Babaki
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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
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- Legal Name Yes It's Vegan
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.5 M (USD)
in 1 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Jul 25, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Bandit
Bandit offers a comprehensive portfolio of products and services, including Barn Cat Wedges, Sharp Pimento, Philly Spread, Garlic Za'atar, and Maverick Wedges. 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.
Plant-based cheese wedges are crafted for various dishes.
Sharp pimento cheese is made for bold flavor profiles.
Creamy spread is designed for sandwiches and snacks alike.
Garlic Za'atar cheese is infused with unique herbal notes.
Maverick wedges are created for versatile culinary uses.
Funding Insights of Bandit
Bandit has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in July 2022. 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 Seed — $1.5M
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First Round
First Round
(25 Jul 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - Bandit | Valuation | Prime Movers Lab |
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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 Bandit
Bandit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Prime Movers Lab. 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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Venture capital firm funding breakthrough scientific startups and innovative sectors worldwide.
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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 Bandit
| 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 - Bandit
| 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 |
Bandit Comparisons
Competitors of Bandit
Bandit 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 Milky Mist Dairy Food, Lifeway Foods, HP Hood, Schreiber Foods and Sonoma Creamery, 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 |
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| domain | founded_year | HQ Location |
Brand of dairy products
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| domain | founded_year | HQ Location |
Probiotic-based food products are produced and marketed internationally.
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| domain | founded_year | HQ Location |
Brand of dairy products
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| domain | founded_year | HQ Location |
Manufacturer of dairy products
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| domain | founded_year | HQ Location |
Cheese and snacks are manufactured and branded by Sonoma Creamery.
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| domain | founded_year | HQ Location |
Multi-category plant-based dairy products are produced and sold online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Bandit
When was Bandit founded?
Bandit was founded in 2022.
Where is Bandit located?
Bandit is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Is Bandit a funded company?
Bandit is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Jul 25, 2022.
What does Bandit do?
Bandit is engaged in the production of plant-based cheese made from cashews and coconut. The company focuses on creating handmade, vegan cheese varieties for diverse culinary applications. Products are crafted with real ingredients through a hands-on process by dedicated cheesemakers. Solutions cater to both retail consumers and wholesale partners in the food sector.
Who are the top competitors of Bandit?
Bandit's top competitors include HP Hood, Misha and Lifeway Foods.
What products or services does Bandit offer?
Bandit offers Barn Cat Wedges, Sharp Pimento, Philly Spread, Garlic Za'atar, and Maverick Wedges.
Who are Bandit's investors?
Bandit has 1 investor. Key investors include Prime Movers Lab.