EXO Protein

Austin, United States Founded: 2014 • Age: 12 yrs Acquired By Aspire Food Group
Protein bars are manufactured from cricket flour by Exo.

About EXO Protein

EXO Protein is a Consumer company based in Austin (United States) founded in 2014, and was acquired by Aspire Food Group in March 2018. It operates as a protein bars are manufactured from cricket flour by Exo. It operates on a Direct-to-Consumer (D2C) model in Consumer, Retail, and Agriculture sectors. 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. Its chief executive is Matt Beck. Its website exoprotein.com draws about 11 thousand monthly visits. EXO Protein offers products and services including Acheta Protein Bars, Acheta Protein Powder, and Breakfast Bars. Its focus areas include Consumer Goods, Food & Beverage and Health Foods. Its legal entity is EXO. Its competitors include Body Armor, Nightfood, Runa, More Labs and Aspire Food Group and 4 more; 8 of its 9 listed competitors have raised funding.

Company details

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.

  • Headquarters Austin, United States
  • Employees 1
  • Stage Acquired
  • Sectors
    Consumer
    Retail Agriculture Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website exoprotein.com
  • Social X Facebook Instagram
  • Acquired by Aspire Food Group (Mar 2018)
  • Legal Name Exo
Key Metrics

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.

Acheta Protein Bars
Food & Beverage

Sustainable protein bars made with Acheta cricket protein.

Acheta Protein Powder
Food & Beverage

Cricket-based protein powder for nutritional on-the-go fuel.

Breakfast Bars
Food & Beverage

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 $5.7M
  • Total Rounds 3
  • First Round $1.7M

    (Sep 2014)

  • Investors Count 6

All 3 funding rounds of EXO Protein with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2016–Series A––
Mar 2016$4MSeries A–AccelFoods
Sep 2014$1.7MSeed–Start Garden, Collab Fund
–
Valuation history

7 investors in total: 7 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in global startups with a focus on innovation and business support.
–dentsu-v.com-
VC firm investing in early stage offline companies in the US
–accelfoods.comNew York, United States
-
–startgarden.com-
Private equity firm investing in multiple sectors
–collabfund.comNew York, United States
Personal brand focused on obstacle racing and endurance athletics.
–ameliabooneracing.com-
Nasir Jones is recognized as a leading hip-hop artist.
–nasirjones.com-
Edible insects are bred and marketed as alternative protein sources.
2013aspirefg.comAustin, United States
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Investor details for EXO Protein

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People of EXO Protein

1 people are tracked at EXO Protein (1 in leadership); the tracked headcount is 1.

NameRoleGroup
Matt Beck
CEOLeadership
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Timeline of EXO Protein

4 dated milestones of EXO Protein across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded EXO Protein is founded.
  2. Funding First funding round of $1.7M.
  3. Funding Latest funding round, Series A,.
  4. Exit Acquired by Aspire Food Group.

Competitors of EXO Protein

EXO Protein has 9 listed competitors in our database, 8 of them funded. They include Body Armor, Nightfood, Runa, More Labs and Aspire Food Group, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
drinkbodyarmor.com2011Beverly Hills, United States$349.51M370
Functional beverage company manufacturing sports drink products with coconut water base
nightfood.com2009Tarrytown, United States$393,000–
Nutritional snack bars are manufactured for nighttime hunger relief.
runa.io2009London, United Kingdom$65.1M92
Global payout infrastructure is provided by Runa for businesses.
morelabs.com2015Los Angeles, United States$19.5M–
Nutritional beverages for alcohol recovery are provided.
aspirefg.com2013Austin, United States$49M–
Edible insects are bred and marketed as alternative protein sources.
isagenix.com2002Gilbert, United States–375
Health supplements and snacks are manufactured and marketed internationally.
solareabio.com2017Cambridge, United States$27.33M–
Microbiome-based therapeutics and natural probiotics are developed.
curehydration.com2018New York, United States$9.88M–
Nutrition drink mixes are offered through an internet-first brand.
supergut.com2019Los Angeles, United States$36.24M–
Multi-category nutritious products are provided via an internet-first brand.
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Detailed competitors of EXO Protein

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Verified entity values are shown only after access is granted.

Web traffic of EXO Protein

The website of EXO Protein (exoprotein.com) receives about 10.5K visits a month.

  • Monthly visits
    10.5K

    ▲ 31.6% vs previous month

Similar websites

Websites whose visitors overlap most with EXO Protein. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
chapul.com
100%
––View details
quarterly.co
quarterly.co
98%
–––
freshdirect.com
59%
806.5K#44,724View details
epicbar.com
epicbar.com
41%
–––
petwantsgreenvillenorth.com
petwantsgreenvillenorth.com
31%
–––

Top companies in Food & Beverage Platforms

10 companies that operate in the same segment as EXO Protein (Food & Beverage Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform food ordering and delivery service
2008Gurugram, Haryana, IndiaUSD 1.69 BUSD 5.79 B6,903
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.5 BUSD 10.72 B80,579
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.62 BUSD 2.46 B4,488
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B–15,437
Food and market delivery services are provided by iFood.
2011Sao Paulo, BrazilUSD 592.4 M–16,949
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
Restaurant operations are managed via a cloud-based platform.
2011Boston, Massachusetts, United StatesUSD 900 MUSD 6.15 B8,021
Rides and deliveries are facilitated via a mobile app platform.
2012Dubai, Dubai, United Arab EmiratesUSD 771.7 M–6,360
Online platform offering discovery of local deals, experiences, and rewards
2015Gurugram, Haryana, IndiaUSD 105.82 MUSD 37.82 M414
Wolt is operated as a delivery platform for food and groceries.
2014Helsinki, FinlandUSD 827.96 M––
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Related news about Exo Protein

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Frequently Asked Questions about EXO Protein

EXO Protein was founded in 2014.

EXO Protein is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Matt Beck is the current CEO of EXO Protein.

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 2014.

EXO Protein has 1 employees.

Annual revenue of EXO Protein is $6K as on Dec 31, 2020.

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.

EXO Protein's top competitors include Runa, Supergut and Body Armor.

EXO Protein offers Acheta Protein Bars, Acheta Protein Powder, and Breakfast Bars.

EXO Protein has 7 investors. Key investors include Aspire Food Group, Dentsu Ventures, AccelFoods, Amelia Boone Racing, and Start Garden.

EXO Protein operates through Exo.

Yes. EXO Protein was acquired by Aspire Food Group in March 2018.

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