About Frubites
Frubites was a Consumer company based in West Bloomfield (United States) founded in 2016. It operates a direct-to-consumer brand offering healthy snacks. It operates on a B2C model. Frubites has raised $542.9 thousand across 3 funding rounds from investors including Mumbai Angels, Velocita Brand Consultants and Sharp Ventures. Frubites was last valued at $2.63 million in January 2022. Its Indian entity Rev Snacks Private Limited reported revenue of ₹81.8 Lakh. The company is recorded as dissolved. Its focus areas include Consumer Goods, Food and Beverage, Snacks and Healthy Snacks.
Company details
Frubites operates a direct-to-consumer brand offering healthy snacks through producing consumer products, food and beverage, snacks, and healthy snacks. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters West Bloomfield, United States
- Stage Minicorn
- SectorsConsumer
- Website ww7.frubites.us/?usid=17&utid=37582328761
- Social X Facebook
- Legal Name Rev Snacks Private Limited
- Date of Incorporation 23 Apr, 2018
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹81.8 Lakh
FY 2024 · -49% YoY
- Indian entity net loss-₹47 Lakh
FY 2024 · -57% margin
- Indian entity EBITDA-₹41.6 Lakh
FY 2024 · -51% margin
- Total Equity Funding$542.9K (USD)
in 3 rounds
- Latest Funding Round$221.64K (USD), Seed
Jan 2022
- InvestorsMumbai Angels
& 18 more
Associated legal entities of Frubites
Frubites operates through Rev Snacks Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rev Snacks Private Limited CIN U74999PN2018PTC176196 | Active | 23 Apr 2018 | Pune, Maharashtra | ₹0.8 Cr | 2 | View details |
Funding Insights of Frubites
Frubites has successfully raised a total of $542.9K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $221.64 thousand completed in January 2022. 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 $542,903
- Total Rounds 3
- Last Round Seed — $221,640
- First Round $250,883
(Sep 2018)
- Investors Count 19
All 3 funding rounds of Frubites 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 |
|---|---|---|---|---|---|
| Jan 2022 | $221,640 | Seed | $2.63M | Velocita Brand Consultants | |
| Oct 2019 | $70,380 | Angel Round | $2.5M | Rajendra Kumar Mishra | – |
| Sep 2018 | $250,883 | Seed | $••••• | Samarth Singh |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2022 | $2.63M | •••••••• |
| Oct 2019 | $2.5M | •••••••• |
Last known valuation $2.63M (Jan 2022). 19 investors in total: 3 institutional and 16 angel.
Investors in Frubites
Frubites has secured backing from 19 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Mumbai Angels, Velocita Brand Consultants and Sharp Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Venture capital firm providing investments and support to start-ups in various sectors. | sharpventures.in | Hyderabad, India | ||
Offers brand consulting, communication, employer branding, and digital design expertise. | 2008 | velocitabrand.com | Mumbai, India | |
BK Bharat Kulkarni | Angel investor and entrepreneur, focused on tech startups in India. | unknown_8aeb069363394e558 | ||
RK Rohit Kulkarni | Angel investor and tech entrepreneur, focused on early-stage Indian startups. | unknown_cd44f07286664fceb | ||
RK Rajendra Kumar Mishra | unknown_ae46ebeb6cce49c0a | |||
SS Samarth Singh | unknown_5d72cdc70b0942aaa | |||
NM Neil Mehta | Founder of Greenoaks Capital, active angel investor in Indian startups | unknown_14fc9faa4adc4a388 | ||
PC Pranshu Chugh | unknown_bb701398e9da4621a | |||
SR Sachin Ramraj Deshmukh | Angel investor and entrepreneur, focused on tech startups in India. | unknown_b026588b92db4104b |
Investor details for Frubites
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Rev Snacks Private Limited (Frubites)
Rev Snacks Private Limited is the primary company behind Frubites. The board of Rev Snacks Private Limited currently have 2 directors; the longest-serving is Bharat Suryakant Kulkarni, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bharat Suryakant Kulkarni DIN 03114541 | Director | 23 Apr 2018 | 8 yrs 6 mo | Rev Snacks Private Limited |
| Rohit Mohan Kulkarni DIN 07479007 | Director | 23 Apr 2018 | 8 yrs 6 mo | Rev Snacks Private Limited |
Financials of Frubites
Figures of Rev Snacks Private Limited, the primary company behind Frubites, for FY 2024. Revenue was ₹81.8 Lakh (-49% year on year). Net loss was -₹47 Lakh (-57% margin). EBITDA was -₹41.6 Lakh (-51% margin). Revenue has grown at a compounded annual rate of +9% over three years and 0% over five years.
- ₹81.8 LakhRevenue · FY 2024 · -49% YoY
- -₹47 LakhNet loss · -57% margin
- -₹41.6 LakhEBITDA · -51% margin
- ₹1.7 LakhPaid-up capital
- +9%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rev Snacks Private Limited are on its company page.
Detailed financial statements for Frubites
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Frubites
4 dated milestones of Frubites across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Frubites is founded.
- Funding First funding round of $251K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $222K.
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Frubites (Food & Beverage Products & Processing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | |||
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | USD 93.92 B | 319,000 |
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Related news about Frubites
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Frequently Asked Questions about Frubites
Frubites was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Frubites is headquartered in West Bloomfield, United States. It is registered at West Bloomfield, Michigan, United States.
Frubites is a funded company, having raised a total of $542.9K across 3 funding rounds to date. The company's 1st funding round was a Seed of $250.88K, raised on Sep 2018.
The primary company behind Frubites, Rev Snacks Private Limited, reported revenue of ₹81.8 Lakh for FY 2024, down 49% year on year.
Frubites operates a direct-to-consumer brand offering healthy snacks through producing consumer products, food and beverage, snacks, and healthy snacks. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Frubites has 19 investors. Key investors include Mumbai Angels, Velocita Brand Consultants, Sharp Ventures, Bharat Kulkarni, and Rohit Kulkarni.
The valuation of Frubites is $2.63M as of Jan 2022.
Frubites operates through Rev Snacks Private Limited.
The legal entities of Frubites currently have 2 directors, including Bharat Suryakant Kulkarni, Rohit Mohan Kulkarni.