About ForAButter
ForAButter is a Consumer company based in New York (United States) founded in 2017 by Andrew McClure, and was acquired by AAK in June 2022. It operates as a butter products are offered by the ForAButter brand. ForAButter has raised $1.4 million across 1 funding round from investors including AAK, EverHope Capital and New Crop Capital. Its chief executive is Aidan Altman. Its focus areas include Food and Agriculture, Food & Beverage Products, Dairy and Butter and Ghee. Its competitors include Milky Mist Dairy Food, HP Hood, Maple Hill, Nutella and Hope Foods and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
ForAButter was founded in 2017 and is headquartered in New York, United States. Butter products are provided by the company within the food sector. Operations focus on branding and distribution of these items. The firm was co-founded by Andrew McClure, while Aidan Altman is designated as CEO. Activities are centered in the domestic market, with an online presence via forabutter.com.
- Headquarters New York, United States
- Founders Andrew McClure
- Stage Acquired
- SectorsConsumer
- Website forabutter.com
- Social LinkedIn
- Acquired by AAK (Jun 2022)
Funding Insights of ForAButter
ForAButter has successfully raised a total of $1.4M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.4 million completed in August 2018. 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 $1.4M
- Total Rounds 1
- Last Round Seed — $1.4M
- First Round $1.4M
(Aug 2018)
- Investors Count 4
All 1 funding rounds of ForAButter with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2018 | $1.4M | Seed | – | EverHope Capital, New Crop Capital | – |
5 investors in total: 5 institutional.
Investors in ForAButter
ForAButter has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include AAK, EverHope Capital and New Crop Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | everhopecapital.com | - | |
Seed & Early stage tech-focused VC firm funding companies in the US | – | newcropcapital.com | Washington, Dc, United States | |
Sustainable food sector ventures are invested in by Blue Horizon. | – | bluehorizon.com | Zurich, Switzerland | |
- | – | baleinebjorncapital.com | - | |
Chocolate processing is conducted by AAK in Malmo, Sweden. | 2005 | aak.com | Malmo, Sweden |
Investor details for ForAButter
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People of ForAButter
2 people are tracked at ForAButter (2 in leadership).
| Name | Role | Group |
|---|---|---|
Andrew McClure | Co-Founder | Leadership |
Aidan Altman | CEO | Leadership |
Complete people profiles for ForAButter
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Timeline of ForAButter
3 dated milestones of ForAButter across 5 years, from founding to its latest funding, stage changes and deals.
- Founded ForAButter is founded.
- Funding First funding round of $1.4M.
- Exit Acquired by AAK.
Competitors of ForAButter
ForAButter has 9 listed competitors in our database, 5 of them funded. They include Milky Mist Dairy Food, HP Hood, Maple Hill, Nutella and Hope Foods, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| milkymist.com | 1985 | Erode, India | $2.6M | 3 | Brand of dairy products | |
| hood.com | 1846 | Lynnfield, United States | – | 2,948 | Brand of dairy products | |
| maplehill.com | 2009 | Kinderhook, United States | $32.5M | 17 | Organic dairy products are manufactured and supplied by Maple Hill. | |
| nutella.com | 1946 | Parsippany Troy Hills, United States | – | 1,416 | Produces and sells chocolate spreads, biscuits, and ice cream for consumers worldwide. | |
| hopefoods.com | 2011 | Louisville, United States | $10.15M | 72 | Organic hummus and food dips are produced by Hope Foods. | |
| popandbottle.com | 2014 | San Francisco, United States | $13.62M | – | Multi-category plant-based dairy products are produced and sold online. | |
| hometownfoodcompany.com | 2018 | Chicago, United States | – | 330 | Multi-category dairy products are manufactured and distributed nationwide. | |
| laterrafina.com | 1983 | Union, United States | – | 194 | Manufactures and markets dips & spreads | |
| eatneutral.com | 2018 | Portland, United States | $16.4M | – | Carbon-neutral food products are branded by Neutral. |
Detailed competitors of ForAButter
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Top companies in Food & Beverage Products & Processing
10 companies that operate in the same segment as ForAButter (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 | |
Dry snacks and coffee are manufactured and distributed. | 2015 | Chennai, Tamil Nadu, India | USD 16.52 M | USD 208 K | 29 | |
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | – | USD 93.92 B | 319,000 | |
Multi-category organic dairy products are offered online. | 2010 | Tiptur, Karnataka, India | USD 58.15 M | USD 23.34 M | 810 | |
Packaged food products are offered through an online platform. | 2019 | Mumbai, Maharashtra, India | USD 37.6 M | USD 4.41 M | 168 | |
Multi-category food and beverage products are produced and distributed globally. | 1866 | Vevey, Vaud, Switzerland | – | USD 2.36 B | 16,250 |
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Related news about Forabutter
Complete news archive for ForAButter
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Frequently Asked Questions about ForAButter
ForAButter was founded in 2017 and raised its 1st funding round 1 year after it was founded.
ForAButter is headquartered in New York, United States. It is registered at New York, New York, United States.
Aidan Altman is the current CEO of ForAButter.
ForAButter is a funded company, having raised a total of $1.4M across 1 funding round to date. The company's 1st funding round was a Seed of $1.4M, raised on Aug 2018.
ForAButter was founded in 2017 and is headquartered in New York, United States. Butter products are provided by the company within the food sector. Operations focus on branding and distribution of these items. The firm was co-founded by Andrew McClure, while Aidan Altman is designated as CEO. Activities are centered in the domestic market, with an online presence via forabutter.com.
ForAButter's top competitors include HP Hood, Maple Hill and Hope Foods.
ForAButter has 5 investors. Key investors include AAK, EverHope Capital, New Crop Capital, Blue Horizon, and Baleine & Bjorn Capital.
Yes. ForAButter was acquired by AAK in June 2022.