GoodBelly

Boulder, United States Founded: 2006 • Age: 20 yrs
Organic probiotic drinks for digestive health are produced and sold.
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About GoodBelly

GoodBelly is a company based in Boulder (United States) founded in 2006.. GoodBelly has raised $36.25 million across 3 funding rounds from investors including General Mills, 301 INC and ECP Growth. The company has 15 employees as of December 31, 2022. GoodBelly offers products and services including Juice Drinks, Wellness Shots, and Supplements. GoodBelly operates in a competitive market with competitors including OWYN, Health-Ade, Liquid I.V., Cure Hydration and Kinderfarms, among others.

  • Headquarter Boulder, United States
  • Employees 15 as on 31 Dec, 2022
  • Sectors
    Healthcare
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nextfoods, Inc.
Operational Areas
Healthcare → Nutrition, Wellness & Lifestyle Health
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $36.25 M (USD)

    in 3 rounds

  • Latest Funding Round
    $12 M (USD), Series A

    Jun 20, 2018

  • Investors
  • Employee Count
    15

    as on Dec 31, 2022

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Products & Services of GoodBelly

GoodBelly offers a comprehensive portfolio of products and services, including Juice Drinks, Wellness Shots, and Supplements. 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.

Primary

Probiotic drinks that support gut health and provide daily fiber.

Concentrated shots for quick probiotic gut health boost.

Probiotic pills aiding digestion and immune system support.

People of GoodBelly
Headcount 10-50
Employee Profiles 1
Employee Profiles
People
John Elstrott
Director

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Teams

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Funding Insights of GoodBelly

GoodBelly has successfully raised a total of $36.25M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in June 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
  • Total Rounds 3
  • Last Round Series A — $12.0M
  • First Round

    (05 Aug 2008)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2018 Amount Series A - GoodBelly Valuation 301 INC
Jun, 2013 Amount Series A - GoodBelly Valuation Maveron , Emil Capital
Aug, 2008 Amount Series A - GoodBelly Valuation Maveron
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in GoodBelly

GoodBelly has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include General Mills, 301 INC and ECP Growth. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments in consumer businesses, emphasizing technology and human behavior.
Founded Year Domain Location
Venture capital investments are made by 301 INC in food ecosystem startups.
Founded Year Domain Location
Multi-category food products are produced and distributed globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by GoodBelly

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - GoodBelly

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Goodbelly Comparisons

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Competitors of GoodBelly

GoodBelly 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 OWYN, Health-Ade, Liquid I.V., Cure Hydration and Kinderfarms, 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
Manufactures and brand protein shakes
domain founded_year HQ Location
Functional beverage company manufacturing and marketing kombucha (probiotic tea)
domain founded_year HQ Location
Healthcare & nutrition brand
domain founded_year HQ Location
Nutrition drink mixes are offered through an internet-first brand.
domain founded_year HQ Location
Clean ingredient children's OTC medications and electrolyte solutions are manufactured.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Goodbelly

Frequently Asked Questions about GoodBelly

When was GoodBelly founded?

GoodBelly was founded in 2006 and raised its 1st funding round 2 years after it was founded.

Where is GoodBelly located?

GoodBelly is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.

Who is the current CEO of GoodBelly?

Juan-Carlos Gluth is the current CEO of GoodBelly.

Is GoodBelly a funded company?

GoodBelly is a funded company, having raised a total of $36.25M across 3 funding rounds to date. The company's 1st funding round was a Series A of $16M, raised on Aug 05, 2008.

How many employees does GoodBelly have?

As of Dec 31, 2022, the latest employee count at GoodBelly is 15.

What does GoodBelly do?

GoodBelly was founded in 2006 in Boulder, United States, as a brand focused on the health beverage sector. Organic fruit juice drinks containing 20 billion live probiotic cultures per serving are manufactured to support digestive health, with all products maintained as vegan. Three flavorsBlueberry Acai, Mango, and Pomegranate Blackberryare offered. Distribution occurs through grocery, natural, and specialty retailers across the region.

Who are the top competitors of GoodBelly?

GoodBelly's top competitors include OWYN, Liquid I.V. and Health-Ade.

What products or services does GoodBelly offer?

GoodBelly offers Juice Drinks, Wellness Shots, and Supplements.

Who are GoodBelly's investors?

GoodBelly has 4 investors. Key investors include General Mills, 301 INC, ECP Growth, and Maveron.

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