About Evolution Fresh
Evolution Fresh is a company based in Monrovia (United States) founded in 1992 by Jimmy Rosenberg and Jeff Grad was acquired by Bolthouse Farms in May 2022.. Evolution Fresh has raised $14.85 million across 2 funding rounds from investors including Starbucks, Bolthouse Farms and Fireman Capital Partners. Evolution Fresh offers products and services including Organic Super Berry Energy, Organic Tropical Citrus Energy, Organic Berry Defense Up, and Organic Green Devotion. Evolution Fresh operates in a competitive market with competitors including Lemon Perfect, Purity Organic, Pressed, Pure Green and SunnyD, among others.
- Headquarter Monrovia, United States
- Founders Jimmy Rosenberg, Jeff Grad
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Evolution Fresh, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.85 M (USD)
in 2 rounds
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Latest Funding Round
$6.1 M (USD), Series A
Mar 25, 2011
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Investors
Starbucks
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Evolution Fresh
Evolution Fresh offers a comprehensive portfolio of products and services, including Organic Super Berry Energy, Organic Tropical Citrus Energy, Organic Berry Defense Up, and Organic Green Devotion. 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.
Cold-pressed juice providing energy boost from super berries
Cold-pressed juice with tropical flavors for refreshment
Immune-supporting cold-pressed juice made from berries
Nutrient-rich green juice for daily health benefits
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Funding Insights of Evolution Fresh
Evolution Fresh has successfully raised a total of $14.85M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.1 million completed in March 2011. 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 2
- Last Round Series A — $6.1M
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First Round
First Round
(19 May 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2011 | Amount | Series A - Evolution Fresh | Valuation |
investors |
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| May, 2010 | Amount | Series A - Evolution Fresh | Valuation | Fireman Capital Partners |
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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 Evolution Fresh
Evolution Fresh has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Starbucks, Bolthouse Farms and Fireman Capital 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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US private equity investments are managed by Fireman Capital Partners.
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Founded Year | Domain | Location | |
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High-quality coffees are roasted and served in limited-service restaurant chains.
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Internet first brand offering multi-category organic grocery products
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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 Evolution Fresh
| 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 - Evolution Fresh
| 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 |
Evolution Fresh Comparisons
Competitors of Evolution Fresh
Evolution Fresh 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 Lemon Perfect, Purity Organic, Pressed, Pure Green and SunnyD, 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 |
Cold-pressed lemon water is branded and distributed by Lemon Perfect.
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| domain | founded_year | HQ Location |
Organic tree fruit marketer
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| domain | founded_year | HQ Location |
Brand of cold-pressed Juices, smoothies & plant-based foods
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| domain | founded_year | HQ Location |
Pure Green is engaged in providing health-focused beverages and foods.
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| domain | founded_year | HQ Location |
Cold-pressed juices are branded and distributed by SunnyD.
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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 Evolution Fresh
Frequently Asked Questions about Evolution Fresh
When was Evolution Fresh founded?
Evolution Fresh was founded in 1992 and raised its 1st funding round 18 years after it was founded.
Where is Evolution Fresh located?
Evolution Fresh is headquartered in Monrovia, United States. It is registered at Monrovia, California, United States.
Is Evolution Fresh a funded company?
Evolution Fresh is a funded company, having raised a total of $14.85M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8.75M, raised on May 19, 2010.
What does Evolution Fresh do?
Evolution Fresh is a manufacturer and brand of cold-pressed juice. Offers 30 different flavored juices in categories like juice with greens, fruit-blends, protein-rich and organic. Claims to source ingredients from local farms. Products have a shelf life of 30-45 days when refrigerated. Products can be purchased from partnered grocery retailers and Starbucks locations in US and Canada. Initially, the company was started as a wholesaler, selling its products to high-end grocery stores like Whole Foods. Acquired by Starbucks in 2011 for 30 million.
Who are the top competitors of Evolution Fresh?
Evolution Fresh's top competitors include Lemon Perfect, SunnyD and Pure Green.
What products or services does Evolution Fresh offer?
Evolution Fresh offers Organic Super Berry Energy, Organic Tropical Citrus Energy, Organic Berry Defense Up, and Organic Green Devotion.
Who are Evolution Fresh's investors?
Evolution Fresh has 3 investors. Key investors include Starbucks, Bolthouse Farms, and Fireman Capital Partners.
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