About Krave Jerky
Krave Jerky is a company based in Sonoma (United States) founded in 2009 was acquired by Sonoma Brands Capital in May 2020.. Krave Jerky has raised $21.6 million across 4 funding rounds from investors including The Hershey Company, ACG Partners and Sonoma Brands Capital. Krave Jerky offers products and services including Beef Original, Beef Chimichurri, Beef Sweet Chipotle, Pork Black Cherry BBQ, and Beef Chili Lime. Krave Jerky operates in a competitive market with competitors including Smithfield Foods, Stryve Biltong, Country Archer, Eat the Change and The New Primal, among others.
- Headquarter Sonoma, United States
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Sectors
Consumer
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Phone
*********
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Website
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Social
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- Legal Name Krave Pure Foods, 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
$21.6 M (USD)
in 4 rounds
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Latest Funding Round
$14 M (USD), Series B
Aug 11, 2014
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Investors
The Hershey Company
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Krave Jerky
Krave Jerky offers a comprehensive portfolio of products and services, including Beef Original, Beef Chimichurri, Beef Sweet Chipotle, Pork Black Cherry BBQ, and Beef Chili Lime. 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 beef jerky with original flavor for everyday snacking
Beef jerky infused with chimichurri spices for bold taste
Sweet and spicy beef jerky made from grass-fed meat
Pork jerky with black cherry BBQ flavor for variety
Spicy chili lime beef jerky as a protein source
Sugar-free BBQ-flavored jerky for health-conscious consumers
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Funding Insights of Krave Jerky
Krave Jerky has successfully raised a total of $21.6M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $14 million completed in August 2014. 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 B — $14.0M
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First Round
First Round
(23 Jun 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2014 | Amount | Series B - Krave Jerky | Valuation |
investors |
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| Dec, 2013 | Amount | Series A - Krave Jerky | Valuation |
investors |
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| Dec, 2012 | Amount | Series A - Krave Jerky | Valuation | ACG |
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| 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 Krave Jerky
Krave Jerky has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include The Hershey Company, ACG Partners and Sonoma Brands 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 |
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Private equity firm focused on growth-stage companies
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Confectionery products including chocolates and snacks are manufactured and distributed.
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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 Krave Jerky
| 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 - Krave Jerky
| 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 |
Krave Jerky Comparisons
Competitors of Krave Jerky
Krave Jerky 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 Smithfield Foods, Stryve Biltong, Country Archer, Eat the Change and The New Primal, 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 |
Hog breeding, rearing, processing, and meat supply are managed.
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| domain | founded_year | HQ Location |
Beef jerky is manufactured and distributed by Stryve Biltong.
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| domain | founded_year | HQ Location |
Gluten free meat snacks brand
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| domain | founded_year | HQ Location |
Nutrient-dense snacks are branded and distributed by Eat the Change.
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| domain | founded_year | HQ Location |
Jerky, meat sticks, and marinades are produced and sold online.
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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 Krave Jerky
Frequently Asked Questions about Krave Jerky
When was Krave Jerky founded?
Krave Jerky was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Krave Jerky located?
Krave Jerky is headquartered in Sonoma, United States. It is registered at Sonoma, California, United States.
Is Krave Jerky a funded company?
Krave Jerky is a funded company, having raised a total of $21.6M across 4 funding rounds to date. The company's 1st funding round was a Series A of $7M, raised on Jun 23, 2011.
What does Krave Jerky do?
Krave Jerky was established in 2009 in Sonoma, United States, within the food manufacturing sector. Operations center on the production of protein-focused snacks, primarily jerky made from meats. Products are developed to provide nutritional options for consumers seeking high-protein foods. The company maintains its headquarters in Sonoma and handles distribution across the United States through various retail channels.
Who are the top competitors of Krave Jerky?
Krave Jerky's top competitors include Chomps, Smithfield Foods and The New Primal.
What products or services does Krave Jerky offer?
Krave Jerky offers Beef Original, Beef Chimichurri, Beef Sweet Chipotle, Pork Black Cherry BBQ, and 2 more products and services.
Who are Krave Jerky's investors?
Krave Jerky has 3 investors. Key investors include The Hershey Company, ACG Partners, and Sonoma Brands Capital.
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