About Better Bean
Better Bean is a company based in Portland (United States) founded in 2009 was acquired by Hain Celestial in June 2017. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Better Bean has raised $3.87 million across 8 funding rounds from investors including Hain Celestial and Renewal Funds. Better Bean offers products and services including Uncanny Refried Black Beans and Cuban Black Beans. Better Bean operates in a competitive market with competitors including Del Monte, RO*TEL, Allens, Hanover Foods and Paisley Farm, among others.
- Headquarter Portland, United States
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name The Better Bean Company
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Annual Revenue
$1.62 M (USD)0as on Dec 31, 2021
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Net Profit
$26.78 K (USD)0as on Dec 31, 2021
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EBITDA
Not available
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Total Equity Funding
$3.87 M (USD)
in 8 rounds
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Latest Funding Round
$85 K (USD), Series A
Aug 30, 2024
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Investors
Hain Celestial
& 1 more
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Employee Count
Not available
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Acquired by
Hain Celestial
(Jun 28, 2017)
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Products & Services of Better Bean
Better Bean offers a comprehensive portfolio of products and services, including Uncanny Refried Black Beans and Cuban Black Beans.
Refried black beans are prepared with rich flavor.
Cuban black beans are crafted with unique texture.
People of Better Bean
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Funding Insights of Better Bean
Better Bean has successfully raised a total of $3.87M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $85 thousand completed in August 2024. 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.
Investors in Better Bean
Better Bean has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Hain Celestial and Renewal Funds.
| Investor | Description | Founded Year | Domain | Location |
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Renewal Funds is engaged in impact investing for sustainable change.
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Hain Celestial is focused on better-for-you food and personal care products.
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Investor details for Better Bean
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Investments & Acquisitions by Better Bean
Investment portfolio details for Better Bean
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Financial Statements - Better Bean
Detailed financials for Better Bean
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Better Bean Comparisons
Peer comparison for Better Bean
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Competitors of Better Bean
Better Bean 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 Del Monte, RO*TEL, Allens, Hanover Foods and Paisley Farm, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Canned fruits, vegetables, and fruit snacks are manufactured for consumers.
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Diced tomato & green chili brand
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Provides canned southern vegetables and recipes for easy home cooking needs.
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Canned fruits and vegetables are processed for distribution.
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Vegetable products are branded and distributed by Paisley Farm.
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Detailed competitors of Better Bean
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Latest news on Better Bean
Complete news archive for Better Bean
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Frequently Asked Questions about Better Bean
Better Bean was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Better Bean is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Better Bean is a funded company, having raised a total of $3.87M across 8 funding rounds to date.
Annual revenue of Better Bean is $1.62M as on Dec 31, 2021.
Better Bean is focused on the production of fresh, refrigerated bean products. Operations are centered in the food and beverage sector, specifically targeting the packaged foods market. Varieties such as uncanny refried black beans and Cuban black beans are offered, sourced from sustainable Northwest family farms. Emphasis is placed on health benefits and nutrient retention through chilled storage. Solutions are provided for easy, healthy meal options, with products distributed nationally in retail stores.
Better Bean's top competitors include Del Monte, Hanover Foods and RO*TEL.
Better Bean offers Uncanny Refried Black Beans and Cuban Black Beans.
Better Bean has 2 investors. Key investors include Hain Celestial, and Renewal Funds.