About Kite Hill
Kite Hill is a company based in Hayward (United States) founded in 2010 by Monte Casino and Tal Ronnen.. Kite Hill has raised $75.45 million across 4 funding rounds from investors including 301 INC, CAVU Consumer Partners and New Crop Capital. The company has 36 employees as of December 31, 2022. Kite Hill offers products and services including Cream Cheese Alternative, Almond Milk Yogurts, Greek Yogurt, Sour Cream Alternative, and Dips. Kite Hill operates in a competitive market with competitors including Califia Farms, Climax Foods, Oatly, EclipseFoods and Good Karma Foods, among others.
- Headquarter Hayward, United States
- Employees 36 as on 31 Dec, 2022
- Founders Monte Casino, Tal Ronnen
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Lyrical Foods, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$75.45 M (USD)
in 4 rounds
-
Latest Funding Round
$10 M (USD), Series C
Sep 06, 2019
-
Investors
301 INC
& 2 more
-
Employee Count
36
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Kite Hill
Kite Hill offers a comprehensive portfolio of products and services, including Cream Cheese Alternative, Almond Milk Yogurts, Greek Yogurt, Sour Cream Alternative, and Dips. 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.
Dairy-free cream cheese made from almond milk for spreads and cooking.
Plant-based yogurts from almond milk for breakfast and snacks.
Thick, dairy-free Greek yogurt alternative made with almonds.
Almond-based sour cream for cooking and baking purposes.
Variety of almond milk dips for appetizers and sides.
Unlock access to complete
Unlock access to complete
Funding Insights of Kite Hill
Kite Hill has successfully raised a total of $75.45M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in September 2019. 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 — $10.0M
-
First Round
First Round
(08 May 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series C - Kite Hill | Valuation |
investors |
|
| Oct, 2018 | Amount | Series C - Kite Hill | Valuation | 301 INC | |
| May, 2016 | Amount | Series B - Kite Hill | Valuation | 301 INC |
| 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 Kite Hill
Kite Hill has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include 301 INC, CAVU Consumer Partners and New Crop Capital. 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 |
|---|---|---|---|---|
|
Investments in consumer brands are made through VC and PE.
|
Founded Year | Domain | Location | |
|
Seed & Early stage tech-focused VC firm funding companies in the US
|
Founded Year | Domain | Location | |
|
Venture capital investments are made by 301 INC in food ecosystem startups.
|
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 Kite Hill
| 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 - Kite Hill
| 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 |
Kite Hill Comparisons
Competitors of Kite Hill
Kite Hill 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 Califia Farms, Climax Foods, Oatly, EclipseFoods and Good Karma 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 |
Plant-based dairy alternatives like almond and oat milks are manufactured.
|
|
| domain | founded_year | HQ Location |
The platform develops the newest plant-based dairy products
|
|
| domain | founded_year | HQ Location |
Plant-based dairy alternatives from oats are provided by Oatly.
|
|
| domain | founded_year | HQ Location |
Plant-based dairy alternatives are developed by Eclipse Foods.
|
|
| domain | founded_year | HQ Location |
Dairy-free milk substitutes from flaxseeds are produced and retailed.
|
| 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 Kite Hill
Frequently Asked Questions about Kite Hill
When was Kite Hill founded?
Kite Hill was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Where is Kite Hill located?
Kite Hill is headquartered in Hayward, United States. It is registered at Hayward, California, United States.
Is Kite Hill a funded company?
Kite Hill is a funded company, having raised a total of $75.45M across 4 funding rounds to date. The company's 1st funding round was a Series B of $18M, raised on May 08, 2014.
How many employees does Kite Hill have?
As of Dec 31, 2022, the latest employee count at Kite Hill is 36.
What does Kite Hill do?
Kite Hill was founded in 2010 and is based in Hayward, United States. Operations focus on the production of dairy-free food items, including cheese-style spreads, yogurts, and desserts, all derived from almond milk sourced from Californias San Joaquin Valley. Products are distributed across the USA, primarily through retailers such as Whole Foods Market. The company operates within the plant-based food sector.
Who are the top competitors of Kite Hill?
Kite Hill's top competitors include Califia Farms, Oatly and Climax Foods.
What products or services does Kite Hill offer?
Kite Hill offers Cream Cheese Alternative, Almond Milk Yogurts, Greek Yogurt, Sour Cream Alternative, and Dips.
Who are Kite Hill's investors?
Kite Hill has 3 investors. Key investors include 301 INC, CAVU Consumer Partners, and New Crop Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.