About EXO Protein
EXO Protein is a company based in Austin (United States) founded in 2014 was acquired by Aspire Food Group in March 2018. It operates as a Direct-to-Consumer (D2C). EXO Protein has raised $5.7 million across 3 funding rounds from investors including Aspire Food Group, Dentsu Ventures and AccelFoods. The company has 1 employees as of December 31, 2021. EXO Protein offers products and services including Acheta Protein Bars, Acheta Protein Powder, and Breakfast Bars. EXO Protein operates in a competitive market with competitors including Body Armor, Nightfood, Runa, More Labs and Aspire Food Group, among others.
- Headquarter Austin, United States
- Employees 1 as on 31 Dec, 2021
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Sectors
ConsumerRetail Agriculture Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Exo
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Annual Revenue
$6 K (USD)56as on Dec 31, 2020
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Net Profit
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EBITDA
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Total Equity Funding
$5.7 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Aspire Food Group
& 6 more
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Employee Count
1
as on Dec 31, 2021
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Acquired by
Aspire Food Group
(Mar 08, 2018)
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Products & Services of EXO Protein
EXO Protein offers a comprehensive portfolio of products and services, including Acheta Protein Bars, Acheta Protein Powder, and Breakfast Bars. 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.
Sustainable protein bars made with Acheta cricket protein.
Cricket-based protein powder for nutritional on-the-go fuel.
Nutritious breakfast bars crafted for sustainable energy boost.
Funding Insights of EXO Protein
EXO Protein has successfully raised a total of $5.7M across 3 strategic funding rounds. 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 Last Round
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First Round
First Round
(17 Sep 2014)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Series A - EXO Protein | Valuation |
investors |
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| Mar, 2016 | Amount | Series A - EXO Protein | Valuation | AccelFoods | |
| Sep, 2014 | Amount | Seed - EXO Protein | Valuation | Start Garden , Collab Fund |
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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 EXO Protein
EXO Protein has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Aspire Food Group, Dentsu Ventures and AccelFoods. 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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Venture capital firm investing in global startups with a focus on innovation and business support.
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Founded Year | Domain | Location | |
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VC firm investing in early stage offline companies in the US
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Founded Year | Domain | Location | |
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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 EXO Protein
| 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 - EXO Protein
| 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 |
Exo Protein Comparisons
Competitors of EXO Protein
EXO Protein 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 Body Armor, Nightfood, Runa, More Labs and Aspire Food Group, 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 |
Functional beverage company manufacturing sports drink products with coconut water base
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| domain | founded_year | HQ Location |
Nutritional snack bars are manufactured for nighttime hunger relief.
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| domain | founded_year | HQ Location |
Global payout infrastructure is provided by Runa for businesses.
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| domain | founded_year | HQ Location |
Nutritional beverages for alcohol recovery are provided.
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| domain | founded_year | HQ Location |
Edible insects are bred and marketed as alternative protein sources.
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| domain | founded_year | HQ Location |
Health supplements and snacks are manufactured and marketed internationally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Exo Protein
Frequently Asked Questions about EXO Protein
When was EXO Protein founded?
EXO Protein was founded in 2014.
Where is EXO Protein located?
EXO Protein is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of EXO Protein?
Matt Beck is the current CEO of EXO Protein.
Is EXO Protein a funded company?
EXO Protein is a funded company, having raised a total of $5.7M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.7M, raised on Sep 17, 2014.
How many employees does EXO Protein have?
As of Dec 31, 2021, the latest employee count at EXO Protein is 1.
What is the annual revenue of EXO Protein?
Annual revenue of EXO Protein is $6K as on Dec 31, 2020.
What does EXO Protein do?
Sustainable protein snacks, including bars and powders, are provided by EXO Protein. Focus is placed on Acheta (cricket) protein as a core ingredient, promoting environmental sustainability. Products are designed with non-GMO, gluten-free, and dairy-free options, targeting health-conscious consumers. Nutritional benefits like prebiotics, vitamins, and minerals are emphasized in their offerings. The company operates in the health food sector, aiming to balance performance nutrition with minimal resource use.
Who are the top competitors of EXO Protein?
EXO Protein's top competitors include Runa, Supergut and Body Armor.
What products or services does EXO Protein offer?
EXO Protein offers Acheta Protein Bars, Acheta Protein Powder, and Breakfast Bars.
Who are EXO Protein's investors?
EXO Protein has 7 investors. Key investors include Aspire Food Group, Dentsu Ventures, AccelFoods, Amelia Boone Racing, and Start Garden.