Nuts For Cheese

London, Canada Founded: 2015 • Age: 11 yrs
Vegan cheese brand
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About Nuts For Cheese

Nuts For Cheese is a company based in London (Canada) founded in 2015 by Margaret Coons.. Nuts For Cheese has raised $5.35 million across 1 funding round from investors including Forage Capital Partners, Mike Fata and Dror Balshine. Nuts For Cheese offers products and services including Vegan Cheese, Creamy Cashew Dips, Cream Cheese, and Butter. Nuts For Cheese operates in a competitive market with competitors including Saputo, Agropur, Dairy Farmers of Canada, Danone Canada and Dairy Distillery, among others.

  • Headquarter London, Canada
  • Founders Margaret Coons
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.35 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5.35 M (USD), Series A

    Jun 15, 2022

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Nuts For Cheese

Nuts For Cheese offers a comprehensive portfolio of products and services, including Vegan Cheese, Creamy Cashew Dips, Cream Cheese, and Butter. 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

Dairy-free cheese made from organic cashews for plant-based diets.

Cashew-based dips in various flavors for snacking and recipes.

Spreadable, dairy-free cream cheese using organic ingredients.

Vegan butter substitute made from cashews for everyday use.

People of Nuts For Cheese
Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Margaret Coons
Founder and CEO
People
Sarah Sowden
Director of Canadian Sales
People
Scot MacMillan
Vice President of Operations

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Funding Insights of Nuts For Cheese

Nuts For Cheese has successfully raised a total of $5.35M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.35 million completed in June 2022. 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 1
  • Last Round Series A — $5.3M
  • First Round

    (15 Jun 2022)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Series A - Nuts For Cheese Valuation Forage Capital
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 Nuts For Cheese

Nuts For Cheese has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Forage Capital Partners, Mike Fata and Dror Balshine. 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
Angel
Investor Description Founded Year Domain Location
Growth equity investments are made in agriculture and food businesses.
Founded Year Domain Location

Mike Fata

Canadian entrepreneur, angel investor, focused on health and wellness startups.
Founded Year Domain Location

Dror Balshine

Angel investor and entrepreneur, co-founder of SoloLearn, focused on edtech
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 Nuts For Cheese

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 - Nuts For Cheese

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

Nuts For Cheese Comparisons

Employees
+
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Competitors of Nuts For Cheese

Nuts For Cheese 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 Saputo, Agropur, Dairy Farmers of Canada, Danone Canada and Dairy Distillery, 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
Brand of dairy products
domain founded_year HQ Location
Agropur is recognized as a leading dairy cooperative in North America.
domain founded_year HQ Location
Canadian dairy farmers and products are represented nationwide.
domain founded_year HQ Location
Offers nutritious yogurt, plant-based products, beverages, and coffee enhancers for health.
domain founded_year HQ Location
Multi-category dairy products are branded and distributed by Dairy Distillery.
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 Nuts For Cheese

Frequently Asked Questions about Nuts For Cheese

When was Nuts For Cheese founded?

Nuts For Cheese was founded in 2015 and raised its 1st funding round 7 years after it was founded.

Where is Nuts For Cheese located?

Nuts For Cheese is headquartered in London, Canada. It is registered at London, Ontario, Canada.

Who is the current CEO of Nuts For Cheese?

Margaret Coons is the current CEO of Nuts For Cheese. They have also founded this company.

Is Nuts For Cheese a funded company?

Nuts For Cheese is a funded company, having raised a total of $5.35M across 1 funding round to date. The company's 1st funding round was a Series A of $5.35M, raised on Jun 15, 2022.

What does Nuts For Cheese do?

Nuts For Cheese was established in 2015 in London, Canada, as a brand focused on vegan cheese production. Items such as cashew cheese and red rind cheese are offered, all formulated to be vegan, gluten-free, and dairy-free. Sales occur primarily through an online platform, with the majority of distribution centered in Canada. Operations emphasize plant-based alternatives in the food sector.

Who are the top competitors of Nuts For Cheese?

Nuts For Cheese's top competitors include Saputo, Agropur and Culcherd.

What products or services does Nuts For Cheese offer?

Nuts For Cheese offers Vegan Cheese, Creamy Cashew Dips, Cream Cheese, and Butter.

Who are Nuts For Cheese's investors?

Nuts For Cheese has 3 investors. Key investors include Forage Capital Partners, Mike Fata, and Dror Balshine.

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