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
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website betterbeanco.com
- Social LinkedIn X Facebook Instagram
- Acquired by Hain Celestial (Jun 2017)
- Legal Name The Better Bean Company
- Annual Revenue$1.62 M (USD)0as on Dec 31, 2021
- Net Profit$26.78 K (USD)0as on Dec 31, 2021
- Total Equity Funding$3.87M (USD)
in 8 rounds
- Latest Funding Round$85K (USD), Series A
Aug 2024
- InvestorsHain Celestial
& 1 more
- Acquired byHain Celestial
(Jun 2017)
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.
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.
- Total Funding $3.87M
- Total Rounds 8
- Last Round Series A — $85,000
- First Round $356,000
(Jul 2012)
- Investors Count 1
All 8 funding rounds of Better Bean with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $85,000 | Series A | – | – | – |
| Jan 2023 | $216,750 | Series A | – | – | – |
| Oct 2022 | $113,750 | Series A | – | – | – |
| Jan 2017 | $500,000 | Series A | – | – | – |
| Nov 2016 | $750,000 | Series A | – | – | – |
| Apr 2015 | $350,000 | Series A | – | – | – |
| Jan 2014 | $1.5M | Series A | – | Renewal Funds | – |
| Jul 2012 | $356,000 | Seed | – | – | – |
2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
Renewal Funds is engaged in impact investing for sustainable change. | – | renewalfunds.com | - | |
Hain Celestial is focused on better-for-you food and personal care products. | 1932 | hain.com | New York, United States |
Investor details for Better Bean
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Better Bean
2 people are tracked at Better Bean (2 in team).
| Name | Role | Group |
|---|---|---|
Shain Pearse | Accounting Manager | Team |
Rocio Ríos | Cofounder, Marketing | Team |
Complete people profiles for Better Bean
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Better Bean
4 dated milestones of Better Bean across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Better Bean is founded.
- Funding First funding round of $356K.
- Exit Acquired by Hain Celestial.
- Funding Latest funding round, Series A, of $85K.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| delmonte.com | 1886 | San Francisco, United States | – | – | Canned fruits, vegetables, and fruit snacks are manufactured for consumers. | |
| ro-tel.com | 1943 | Chicago, United States | – | 2,697 | Diced tomato & green chili brand | |
| allens.com | 1996 | Walnut Creek, United States | – | 733 | Provides canned southern vegetables and recipes for easy home cooking needs. | |
| hanoverfoods.com | 1924 | Hanover, United States | – | 836 | Canned fruits and vegetables are processed for distribution. | |
| paisleyfarmfoods.com | 1945 | Willoughby, United States | – | – | Vegetable products are branded and distributed by Paisley Farm. | |
| juceorganics.com | 2015 | Salt Lake, United States | – | – | Operates as a brand specializing in organic fruits and vegetables. | |
| carmelinabrands.com | 1996 | Irvine, United States | – | – | Provides premium Italian tomatoes, beans, and recipes through online sales. |
Detailed competitors of Better Bean
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Better Bean
The website of Better Bean (betterbeanco.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▼ 30.9% vs previous month
Websites whose visitors overlap most with Better Bean. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| anasazibeans.com | 100% | 4.5K | #3,333,701 | View details | |
thepbloveco.com | thepbloveco.com | 34% | – | #5,059,627 | – |
coloradodrybeans.org | coloradodrybeans.org | 34% | – | #7,578,574 | – |
ranchfreshmeats.com | ranchfreshmeats.com | 34% | – | #8,583,247 | – |
Similar companies to Better Bean
10 companies that operate in the same segment as Better Bean (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 221.1 M | USD 99.78 M | 3,464 | |
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Dry snacks and coffee are manufactured and distributed. | 2015 | Chennai, Tamil Nadu, India | USD 16.52 M | USD 208 K | 29 | |
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | – | USD 93.92 B | 319,000 | |
Multi-category organic dairy products are offered online. | 2010 | Tiptur, Karnataka, India | USD 58.15 M | USD 23.34 M | 810 | |
Packaged food products are offered through an online platform. | 2019 | Mumbai, Maharashtra, India | USD 37.6 M | USD 4.41 M | 168 | |
Multi-category food and beverage products are produced and distributed globally. | 1866 | Vevey, Vaud, Switzerland | – | USD 2.36 B | 16,250 | |
Subscription-based dairy products are delivered via an internet-first brand. | 2013 | Hyderabad, Telangana, India | USD 19.41 M | USD 14.66 M | 250 |
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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. The company's 1st funding round was a Seed of $356K, raised on Jul 2012.
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.
Better Bean operates through The Better Bean Company.
Yes. Better Bean was acquired by Hain Celestial in June 2017.