About Hippeas
Hippeas is a company based in New York (United States) founded in 2015 by Livio Bisterzo.. Hippeas has raised $68 million across 4 funding rounds from investors including The Craftory, CAVU Consumer Partners and Scott Semel. The company has 33 employees as of December 31, 2023. Hippeas offers products and services including Chickpea Puffs, Chickpea Chips, Veggie Straws, and Merchandise. Hippeas operates in a competitive market with competitors including Siete Family Foods, Biena Snacks, Peeled Snacks, Beanitos and Bellisio Foods, among others.
- Headquarter New York, United States
- Employees 33 as on 31 Dec, 2023
- Founders Livio Bisterzo
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Hippeas, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$68 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series C
Dec 24, 2020
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Investors
The Craftory
& 4 more
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Employee Count
33
as on Dec 31, 2023
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Products & Services of Hippeas
Hippeas offers a comprehensive portfolio of products and services, including Chickpea Puffs, Chickpea Chips, Veggie Straws, and Merchandise. 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.
Protein-packed, flavorful puffed snacks made from chickpeas for healthy eating.
Crunchy, plant-based chips with high fiber and taste alternatives.
Variety pack of straw-shaped snacks promoting nutrition and variety.
Branded items like tees supporting the company's sustainable ethos.
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Funding Insights of Hippeas
Hippeas has successfully raised a total of $68M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in December 2020. 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 4
- Last Round Series C — $50.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series C - Hippeas | Valuation | The Craftory |
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| Dec, 2018 | Amount | Series B - Hippeas | Valuation |
investors |
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| Oct, 2017 | Amount | Series B - Hippeas | Valuation |
investors |
| 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 Hippeas
Hippeas has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include The Craftory, CAVU Consumer Partners and Scott Semel. 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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A global investor focused on consumer packaged goods brands.
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Founded Year | Domain | Location | |
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Investments in consumer brands are made through VC and PE.
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Founded Year | Domain | Location | |
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Strand Equity is engaged in consumer growth equity investments.
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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 Hippeas
| 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 - Hippeas
| 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 |
Hippeas Comparisons
Competitors of Hippeas
Hippeas 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 Siete Family Foods, Biena Snacks, Peeled Snacks, Beanitos and Bellisio Foods, 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 |
Manufacturer & brand of savory snacks
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| domain | founded_year | HQ Location |
Brand of roasted chickpeas
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| domain | founded_year | HQ Location |
Extruded snacks are manufactured and branded by Peeled Snacks.
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| domain | founded_year | HQ Location |
Brand of bean chip snacks
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| domain | founded_year | HQ Location |
Extruded snacks are manufactured and branded by Bellisio Foods.
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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 Hippeas
Frequently Asked Questions about Hippeas
When was Hippeas founded?
Hippeas was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Hippeas located?
Hippeas is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Hippeas?
Livio Bisterzo is the current CEO of Hippeas. They have also founded this company.
Is Hippeas a funded company?
Hippeas is a funded company, having raised a total of $68M across 4 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on May 23, 2017.
How many employees does Hippeas have?
As of Dec 31, 2023, the latest employee count at Hippeas is 33.
What does Hippeas do?
Hippeas was founded in 2015 in New York, United States, as a snacks brand focused on chickpea-based products like puffs. Items are positioned as organic, vegan, non-GMO, and gluten-free. Operations center on distribution through retailers, with the majority of sales occurring in Sub-Saharan Africa. Leadership is provided by founder and CEO Livio Bisterzo.
Who are the top competitors of Hippeas?
Hippeas's top competitors include Siete Family Foods, Biena Snacks and Whisps.
What products or services does Hippeas offer?
Hippeas offers Chickpea Puffs, Chickpea Chips, Veggie Straws, and Merchandise.
Who are Hippeas's investors?
Hippeas has 5 investors. Key investors include The Craftory, CAVU Consumer Partners, Scott Semel, Strand Equity, and Leonardo DiCaprio.
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