About Paragon Pure
Paragon Pure is a Consumer company based in Princeton (United States) founded in 2019 by Matthew Sillick and Christopher Gregson. Natural flavor whole grain encapsulation carriers are supplied globally. Paragon Pure has raised $7.81 million across 6 funding rounds from investors including United States Department of Agriculture, Unovis Asset Management and Gözde Tech Ventures. Paragon Pure offers products and services including OléBK, OléPBM, CaptaClean, and SproutedByNature. Its focus areas include Food and Agriculture Tech, Food Tech, Novel Foods and Food Products. Its legal entity is Paragon Pure Inc. Its competitors include Atlantic Natural Foods, durafizz.com and Fabalish; 2 of its 3 listed competitors have raised funding.
Company details
Paragon Pure was founded in 2019 and is based in Princeton, United States. Encapsulation carriers derived from whole grains are provided for natural flavor applications in the food and beverage sector. Operations focus on sourcing and distributing these carriers to support product stability and flavor retention. Co-founders Matthew Sillick and Christopher Gregson oversee development and supply chain activities within the natural ingredients industry.
- Headquarters Princeton, United States
- Founders Matthew Sillick, Christopher Gregson
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website paragonpure.com
- Social LinkedIn
- Legal Name Paragon Pure Inc
- Total Equity Funding$7.81M (USD)
in 6 rounds
- Latest Funding Round$3.9M (USD), Seed
Sep 2023
- Investors
Products & Services of Paragon Pure
Paragon Pure offers a comprehensive portfolio of products and services, including OléBK, OléPBM, CaptaClean, and SproutedByNature.
Rice bran butter for plant-based bakery products.
Upcycled rice bran for plant-based meat alternatives.
Sprouted rice carrier for food and beverage applications.
Wholegrain rice flour as replacement for syrupy binders.
Funding Insights of Paragon Pure
Paragon Pure has successfully raised a total of $7.81M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $3.9 million completed in September 2023. 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 $7.81M
- Total Rounds 6
- Last Round Seed — $3.9M
- Investors Count 7
All 6 funding rounds of Paragon Pure with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $3.9M | Seed | – | Unovis Asset Management | |
| Jul 2022 | $3.91M | Seed | – | – | – |
| Jul 2021 | $99,414 | Grant | – | – | |
| Nov 2020 | Seed | – | Fi Global | – | |
| Oct 2020 | Seed | – | – | ||
| Apr 2019 | Seed | – | Food-X | – |
7 investors in total: 7 institutional.
Investors in Paragon Pure
Paragon Pure has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include United States Department of Agriculture, Unovis Asset Management and Gözde Tech Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in seed to early-stage startups | unovis.vc | New York, United States | ||
Technology investments are managed by Gözde Tech Ventures. | 2022 | gozde.ventures | Istanbul, Turkey | |
Venture capital firm focused on technology-driven companies | sente.vc | Chicago, United States | ||
Food and retail startups are accelerated with venture capital backing. | yildiz.ventures | Uskudar, Turkey | ||
Food sector startups are accelerated through funding and equity programs. | food-x.com | New York, United States | ||
Leadership is provided on agriculture, food, and rural development matters. | 1862 | usda.gov | ||
Organizes global events and platforms for food and beverage networking. | 2013 | figlobal.com | Amsterdam, Netherlands |
Investor details for Paragon Pure
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People of Paragon Pure
5 people are tracked at Paragon Pure (4 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Matthew Sillick | Co-Founder | Leadership |
Christopher Gregson | Co-Founder | Leadership |
M. Erhan Yildiz | Chief Commercial Officer | Leadership |
Jennifer Tracy | VP Of Sales And Business Development | Leadership |
Tehila Shedlo | Applications And Technical Sales Associate | Team |
Complete people profiles for Paragon Pure
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Timeline of Paragon Pure
3 dated milestones of Paragon Pure across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Paragon Pure is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $3.9M.
Competitors of Paragon Pure
Paragon Pure has 3 listed competitors in our database, 2 of them funded. They include Atlantic Natural Foods, durafizz.com and Fabalish.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| atlanticnaturalfoods.com | 2008 | Rocky Mount, United States | 54 | Holding company that owns vegan protein brands | ||
| durafizz.com | 2005 | Cambridge, United States | $490,000 | Multi-category novel food products are developed by the company. | ||
| fabalish.com | 2018 | Passaic, United States | $275,000 | 10 | Organic plant-based food products are branded and distributed by Fabalish. |
Detailed competitors of Paragon Pure
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Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Paragon Pure (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 |
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Related news about Paragon Pure
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Frequently Asked Questions about Paragon Pure
Paragon Pure was founded in 2019.
Paragon Pure is headquartered in Princeton, United States. It is registered at Princeton, New Jersey, United States.
Paragon Pure is a funded company, having raised a total of $7.81M across 6 funding rounds to date.
Paragon Pure was founded in 2019 and is based in Princeton, United States. Encapsulation carriers derived from whole grains are provided for natural flavor applications in the food and beverage sector. Operations focus on sourcing and distributing these carriers to support product stability and flavor retention. Co-founders Matthew Sillick and Christopher Gregson oversee development and supply chain activities within the natural ingredients industry.
Paragon Pure's top competitors include Atlantic Natural Foods, Fabalish and durafizz.com.
Paragon Pure offers OléBK, OléPBM, CaptaClean, and SproutedByNature.
Paragon Pure has 7 investors. Key investors include United States Department of Agriculture, Unovis Asset Management, Gözde Tech Ventures, Fi Global, and Sente.
Paragon Pure operates through Paragon Pure Inc.