LesserEvil

Danbury, United States Founded: 2004 • Age: 22 yrs Acquired By The Hershey Company
Savory snacks brand
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About LesserEvil

LesserEvil is a company based in Danbury (United States) founded in 2004 was acquired by The Hershey Company in April 2025.. LesserEvil has raised $19.1 million across 3 funding rounds from investors including The Hershey Company, Aria Growth Partners and Valor Equity Partners. LesserEvil has completed 1 acquisition, including Redd Bar. LesserEvil offers products and services including Popcorn, Space Balls, Moonions, Lil Puffs, and Paleo Puffs. LesserEvil operates in a competitive market with competitors including Utz, Mondelez International, Unibic, Planet FWD and Tosi, among others.

  • Headquarter Danbury, United States
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
    $0
    0
    as on Nov 19, 2018
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $19.1 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    The Hershey Company

    (Apr 03, 2025)

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Products & Services of LesserEvil

LesserEvil offers a comprehensive portfolio of products and services, including Popcorn, Space Balls, Moonions, Lil Puffs, and Paleo Puffs. 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

Tasty, clean popcorn made with organic ingredients and better oils.

Crunchy corn puffs tossed in avocado oil for healthy flavor.

Onion-flavored rings using clean, organic ingredients for simple snacking.

Fruit and vegetable-blended puffs suitable for kids and picky eaters.

Grain-free puffs with full flavor and paleo-friendly ingredients.

Protein-packed, crunchy curls for nutritious, energy-boosting snacking.

People of LesserEvil
Headcount 50-200
Employee Profiles 28
Employee Profiles
People
Manny Arthur
Art Director - Packaging
People
Jessica Westerfield (Dragonetti), SHRM-SCP
Director, People + Culture
People
Katie Gagliano
Brand Ambassador
People
Marcus Bala
Vice President Operations

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Funding Insights of LesserEvil

LesserEvil has successfully raised a total of $19.1M across 3 strategic funding rounds. 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
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2023 Amount Series B - LesserEvil Valuation

investors

Mar, 2023 Amount Series B - LesserEvil Valuation

investors

Nov, 2018 Amount Private Equity Round - LesserEvil Valuation InvestEco
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 LesserEvil

LesserEvil has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include The Hershey Company, Aria Growth Partners and Valor Equity Partners. 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
Growth equity investments are provided to promising consumer brands.
Founded Year Domain Location
Private equity firm
Founded Year Domain Location
Venture capital is invested in North American tech companies.
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 LesserEvil

LesserEvil has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Redd Bar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Energy bar products are manufactured and marketed by Redd Bar.
2014
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - LesserEvil

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

Lesserevil Comparisons

Employees
+
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Competitors of LesserEvil

LesserEvil 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 Utz, Mondelez International, Unibic, Planet FWD and Tosi, 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
Custom variety packs of potato chips and snacks are offered.
domain founded_year HQ Location
Multi-category convenience foods are produced and distributed globally.
domain founded_year HQ Location
Multi-category snacks are manufactured and distributed by Unibic brand.
domain founded_year HQ Location
Manufacturer of snacks from regenerative ingredients
domain founded_year HQ Location
Healthy snacks and supplements
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 Lesserevil

Frequently Asked Questions about LesserEvil

When was LesserEvil founded?

LesserEvil was founded in 2004 and raised its 1st funding round 14 years after it was founded.

Where is LesserEvil located?

LesserEvil is headquartered in Danbury, United States. It is registered at Danbury, Connecticut, United States.

Who is the current CEO of LesserEvil?

Charles Coristine is the current CEO of LesserEvil.

Is LesserEvil a funded company?

LesserEvil is a funded company, having raised a total of $19.1M across 3 funding rounds to date.

What does LesserEvil do?

LesserEvil was founded in 2004 in Danbury, United States, and operates within the savory snacks sector. Products such as organic popcorn, non-GMO potato chips, and paleo puffs are produced and distributed. Sales occur through the companys online platform, online retailers, and physical retail stores, with the majority of activity focused in the US market. Leadership is provided by CEO and President Charles Coristine.

Who are the top competitors of LesserEvil?

LesserEvil's top competitors include Utz, NatureBox and Mondelez International.

What products or services does LesserEvil offer?

LesserEvil offers Popcorn, Space Balls, Moonions, Lil Puffs, and 2 more products and services.

How many acquisitions has LesserEvil made?

LesserEvil has made 1 acquisition, including Redd Bar.

Who are LesserEvil's investors?

LesserEvil has 5 investors. Key investors include The Hershey Company, Aria Growth Partners, Valor Equity Partners, InvestEco, and Touch Capital.

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