About Bix Produce Company
Bix Produce Company is a company based in Saint Paul (United States) founded in 1934 was acquired by FreshPoint in June 2023.. Bix Produce Company offers products and services including Vegetables, Fruit, Dairy and Cheese, Herbs, Spices and Bases, and Nuts and Grains. Bix Produce Company operates in a competitive market with competitors including Silo, Cheetah, Full Harvest, Confident Cannabis and Crafty, among others.
- Headquarter Saint Paul, United States
-
Sectors
RetailAgriculture
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Bix Produce Company
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
Maranon Capital
& 5 more
-
Employee Count
Employee Count
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Bix Produce Company
Bix Produce Company offers a comprehensive portfolio of products and services, including Vegetables, Fruit, Dairy and Cheese, Herbs, Spices and Bases, and Nuts and Grains. 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.
Variety of fresh vegetables sourced for delivery
Assortment of fresh fruits from quality growers
Selection of dairy and cheese items for wholesale
Range of herbs, spices, and bases for culinary use
Assorted nuts and grains for distribution
Unique specialty foods and items available
Pre-cut fresh produce options for convenience
Ready-to-eat snack packs of fresh items
Unlock access to complete
Funding Insights of Bix Produce Company
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Debt – Conventional - Bix Produce Company | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bix Produce Company
Bix Produce Company has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Maranon Capital, FreshPoint and BMO Capital Markets. 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 |
|---|---|---|---|---|
|
Private equity and debt investments are managed by the firm.
|
Founded Year | Domain | Location | |
|
Investment solutions are provided by NMP Capital to financial sponsors.
|
Founded Year | Domain | Location | |
|
PE firm investing in the US
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Bix Produce Company
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Bix Produce Company
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bix Produce Company Comparisons
Competitors of Bix Produce Company
Bix Produce Company 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 Silo, Cheetah, Full Harvest, Confident Cannabis and Crafty, 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 |
Software suite solutions are provided for food distributor businesses.
|
|
| domain | founded_year | HQ Location |
Groceries for restaurants are sourced via an online platform.
|
|
| domain | founded_year | HQ Location |
B2B marketplace for imperfect food produced
|
|
| domain | founded_year | HQ Location |
Online platform for cannabis producers
|
|
| domain | founded_year | HQ Location |
Crafty is engaged in providing office food and beverage solutions.
|
|
| domain | founded_year | HQ Location |
Cannabis products are distributed online to B2B retailers by Nabis.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Bix Produce Company
Frequently Asked Questions about Bix Produce Company
When was Bix Produce Company founded?
Bix Produce Company was founded in 1934 and raised its 1st funding round 81 years after it was founded.
Where is Bix Produce Company located?
Bix Produce Company is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.
Who is the current CEO of Bix Produce Company?
Reed Watson is the current CEO of Bix Produce Company.
What does Bix Produce Company do?
Bix Produce is a specialty food distributor that delivers the procured and processed food produce to the retailers, hotels, restaurant chains across 4 states of United States of America. It operates out of its two facilities in Saint Paul, Minnesota where the operations of warehousing, refrigeration and dispatch are executed. The delivery product line includes fruits, pre cut fruits, vegetables, dairy, cheese and local grown food of state of Minnesota. Bix Produce is a member of PRO-ACT cooperative of distributors which gives it access to the big shippers across USA. For its product line it has strategic partnerships with many farms and co-ops such as for dairy Kemp firm supplies milk to Bix Produce.
Who are the top competitors of Bix Produce Company?
Bix Produce Company's top competitors include Crafty, Confident Cannabis and Cheetah.
What products or services does Bix Produce Company offer?
Bix Produce Company offers Vegetables, Fruit, Dairy and Cheese, Herbs, Spices and Bases, and 4 more products and services.
Who are Bix Produce Company's investors?
Bix Produce Company has 6 investors. Key investors include Maranon Capital, FreshPoint, BMO Capital Markets, ING Bank, and NMP Capital.