About Chomps
Chomps is a company based in Naples (United States) founded in 2012 by Pete Maldonado and Peter Maldonado.. Chomps has raised $80.25 million across 3 funding rounds from investors including Wells Fargo and Stride Consumer Partners. Chomps offers products and services including Beef Sticks, Turkey Sticks, Venison Sticks, and Chomplings. Chomps operates in a competitive market with competitors including Smithfield Foods, Stryve Biltong, Country Archer, Krave Jerky and Eat the Change, among others.
- Headquarter Naples, United States
- Founders Pete Maldonado, Peter Maldonado
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$80.25 M (USD)
in 3 rounds
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Latest Funding Round
$100 M (USD), Debt – Conventional
Apr 24, 2025
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Investors
Wells Fargo
& 1 more
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Employee Count
Employee Count
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Products & Services of Chomps
Chomps offers a comprehensive portfolio of products and services, including Beef Sticks, Turkey Sticks, Venison Sticks, and Chomplings. 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.
High-protein sticks made from grass-fed beef with various flavors.
Antibiotic-free turkey sticks offering low-carb protein options.
Grass-fed venison sticks for keto-friendly, sugar-free snacking.
Mini versions of meat sticks for portable, quick energy.
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Funding Insights of Chomps
Chomps has successfully raised a total of $80.25M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $100 million completed in April 2025. 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 3
- Last Round Debt – Conventional — $100.0M
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First Round
First Round
(04 Apr 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Debt – Conventional - Chomps | Valuation |
investors |
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| Jan, 2022 | Amount | Series A - Chomps | Valuation | Stride Consumer |
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| Apr, 2017 | Amount | Seed - Chomps | Valuation |
investors |
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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 Chomps
Chomps has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Wells Fargo and Stride Consumer Partners. 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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Stride Consumer Partners is engaged in private equity investments for consumer brands.
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Founded Year | Domain | Location | |
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Diverse financial services and online banking are provided to clients.
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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 Chomps
| 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 - Chomps
| 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 |
Chomps Comparisons
Competitors of Chomps
Chomps 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 Smithfield Foods, Stryve Biltong, Country Archer, Krave Jerky and Eat the Change, 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 |
Hog breeding, rearing, processing, and meat supply are managed.
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| domain | founded_year | HQ Location |
Beef jerky is manufactured and distributed by Stryve Biltong.
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| domain | founded_year | HQ Location |
Gluten free meat snacks brand
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| domain | founded_year | HQ Location |
Protein products including jerky are manufactured by Krave Jerky.
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| domain | founded_year | HQ Location |
Nutrient-dense snacks are branded and distributed by Eat the Change.
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| domain | founded_year | HQ Location |
Jerky, meat sticks, and marinades 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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Latest news on Chomps
Frequently Asked Questions about Chomps
When was Chomps founded?
Chomps was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is Chomps located?
Chomps is headquartered in Naples, United States. It is registered at Naples, Florida, United States.
Who is the current CEO of Chomps?
Pete Maldonado is the current CEO of Chomps. They have also founded this company.
Is Chomps a funded company?
Chomps is a funded company, having raised a total of $80.25M across 3 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Apr 04, 2017.
What does Chomps do?
Chomps was founded in 2012 in Naples, United States, as a producer of meat snacks. A selection of snack sticks, including plain beef, cranberry beef, jalapeño beef, and pepper-sea-salt beef varieties, is manufactured by the company. Distribution occurs primarily through online platforms like Amazon. The firm is co-led by Pete Maldonado and Peter Maldonado in roles as Co-Founder and Co-CEO.
Who are the top competitors of Chomps?
Chomps's top competitors include Smithfield Foods, The New Primal and Daring.
What products or services does Chomps offer?
Chomps offers Beef Sticks, Turkey Sticks, Venison Sticks, and Chomplings.
Who are Chomps's investors?
Chomps has 2 investors. Key investors include Wells Fargo, and Stride Consumer Partners.
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