About Bonafide Provisions
Bonafide Provisions is a company based in Carlsbad (United States) founded in 2011 by Sharon Brown and Alexandra Rains.. Bonafide Provisions has raised $9.25 million across 6 funding rounds. The company has 4 employees as of December 31, 2022. Bonafide Provisions offers products and services including Bone Broth and Cooking Broth. Bonafide Provisions operates in a competitive market with competitors including Harry's Fresh Foods, Kettle And Fire, Tio Gazpacho, Progresso and Matriark Foods, among others.
- Headquarter Carlsbad, United States
- Employees 4 as on 31 Dec, 2022
- Founders Sharon Brown, Alexandra Rains
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Bonafide Provisions Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$9.25 M (USD)
in 6 rounds
-
Latest Funding Round
$1.5 M (USD), Series A
May 14, 2019
-
Investors
-
Employee Count
4
as on Dec 31, 2022
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 Bonafide Provisions
Bonafide Provisions offers a comprehensive portfolio of products and services, including Bone Broth and Cooking Broth. 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.
Nutrient-dense broth from organic bones to support gut and joint health.
High-quality broth for everyday cooking and meal enhancement.
Unlock access to complete
Unlock access to complete
Funding Insights of Bonafide Provisions
Bonafide Provisions has successfully raised a total of $9.25M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in May 2019. 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 6
- Last Round Series A — $1.5M
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Series A - Bonafide Provisions | Valuation |
investors |
|
| Jul, 2018 | Amount | Debt – Conventional - Bonafide Provisions | Valuation |
investors |
|
| Jul, 2018 | Amount | Series A - Bonafide Provisions | 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 |
Investments & Acquisitions by Bonafide Provisions
| 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 - Bonafide Provisions
| 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 |
Bonafide Provisions Comparisons
Competitors of Bonafide Provisions
Bonafide Provisions 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 Harry's Fresh Foods, Kettle And Fire, Tio Gazpacho, Progresso and Matriark Foods, 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 |
Brand of soups
|
|
| domain | founded_year | HQ Location |
Manufactures and markets bone broth and soups
|
|
| domain | founded_year | HQ Location |
Soups with natural ingredients are offered by an internet-first brand.
|
|
| domain | founded_year | HQ Location |
Progresso is recognized for producing quality canned soups and food products.
|
|
| domain | founded_year | HQ Location |
Healthy food products are sold through an internet-first brand.
|
| 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.
|
Frequently Asked Questions about Bonafide Provisions
When was Bonafide Provisions founded?
Bonafide Provisions was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is Bonafide Provisions located?
Bonafide Provisions is headquartered in Carlsbad, United States. It is registered at Carlsbad, California, United States.
Who is the current CEO of Bonafide Provisions?
Sharon Brown is the current CEO of Bonafide Provisions. They have also founded this company.
Is Bonafide Provisions a funded company?
Bonafide Provisions is a funded company, having raised a total of $9.25M across 6 funding rounds to date.
How many employees does Bonafide Provisions have?
As of Dec 31, 2022, the latest employee count at Bonafide Provisions is 4.
What does Bonafide Provisions do?
Bonafide Provisions was founded in 2011 and is based in Carlsbad, United States. Operations focus on producing frozen bone broth in chicken, beef, turkey, vegetable, and blended varieties within the health food sector. Products are formulated as organic, grain-free, and gluten-free options. Distribution reaches over 2,400 grocery stores across the United States, aligning with growing interest in nutrient-dense beverages.
Who are the top competitors of Bonafide Provisions?
Bonafide Provisions's top competitors include Kettle And Fire, Harry's Fresh Foods and Progresso.
What products or services does Bonafide Provisions offer?
Bonafide Provisions offers Bone Broth and Cooking Broth.