Phyter

Chicago, United States Founded: 2015 • Age: 11 yrs Acquired By The Fresh Factory
Energy snack bars are manufactured from unprocessed fruits and vegetables.

About Phyter

Phyter is a company based in Chicago (United States) founded in 2015 by David HC Choi, Gloria Athanis, and Jeffrey Adeszko was acquired by The Fresh Factory in April 2021. Phyter has raised $1 million across 1 funding round from investors including The Fresh Factory and SLoFIG. Phyter offers products and services including Sweet Bonanza, Gates of Olympus, Starlight Princess, Mahjong Ways, and Wild West Gold. Phyter operates in a competitive market with competitors including Nightfood, Body Armor, Runa, More Labs and Isagenix International, among others.

  • Headquarter Chicago, United States
  • Founders David HC Choi, Gloria Athanis, Jeffrey Adeszko
  • Sectors
    Healthcare
    Consumer
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website phyterfood.com
  • Social X Facebook
  • Acquired by The Fresh Factory (Apr 2021)
Key Metrics

Products & Services of Phyter

Phyter offers a comprehensive portfolio of products and services, including Sweet Bonanza, Gates of Olympus, Starlight Princess, Mahjong Ways, and Wild West Gold.

Sweet Bonanza
Slot Game

Pragmatic Play slot with high RTP for jackpot wins

Gates of Olympus
Slot Game

Mythology-themed slot offering potential big multipliers

Starlight Princess
Slot Game

Fantasy slot with free spins and high payout features

Mahjong Ways
Slot Game

Chinese-themed game with multiple win paths

Wild West Gold
Slot Game

Adventure slot with treasure hunts and bonuses

Funding Insights of Phyter

Phyter has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in November 2017. 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 $1M
  • Total Rounds 1
  • Last Round Seed β€” $1M
  • First Round $1M

    (Nov 2017)

  • Investors Count 1

All 1 funding rounds of Phyter with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2017$1MSeed–SLoFIG
–
Valuation history

2 investors in total: 2 institutional.

Investors in Phyter

Phyter has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include The Fresh Factory and SLoFIG.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
A network of investors focused on sustainable food systems is operated.
–slofig.comChicago, United States
Apples are processed into products by The Fresh Factory.
2016thefreshfactory.coCarol Stream, United States
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Investor details for Phyter

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  • Round participation
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People of Phyter

3 people are tracked at Phyter (3 in leadership).

NameRoleGroup
David HC Choi
Co-FounderLeadership
Gloria Athanis
Co-FounderLeadership
Jeffrey Adeszko
Co-FounderLeadership
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Complete people profiles for Phyter

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Timeline of Phyter

3 dated milestones of Phyter across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Phyter is founded.
  2. Funding First funding round of $1.0M.
  3. Exit Acquired by The Fresh Factory.

Competitors of Phyter

Phyter 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 Nightfood, Body Armor, Runa, More Labs and Isagenix International, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
nightfood.com2009Tarrytown, United States$393,000–
Nutritional snack bars are manufactured for nighttime hunger relief.
drinkbodyarmor.com2011Beverly Hills, United States$349.51M370
Functional beverage company manufacturing sports drink products with coconut water base
runa.io2009London, United Kingdom$65.1M92
Global payout infrastructure is provided by Runa for businesses.
morelabs.com2015Los Angeles, United States$19.5M–
Nutritional beverages for alcohol recovery are provided.
isagenix.com2002Gilbert, United States–375
Health supplements and snacks are manufactured and marketed internationally.
solareabio.com2017Cambridge, United States$27.33M–
Microbiome-based therapeutics and natural probiotics are developed.
curehydration.com2018New York, United States$9.88M–
Nutrition drink mixes are offered through an internet-first brand.
supergut.com2019Los Angeles, United States$36.24M–
Multi-category nutritious products are provided via an internet-first brand.
nellsonllc.com1962Anaheim, United States–66
Manufacturing company operating in nutrition products space
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Detailed competitors of Phyter

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Latest news on Phyter

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Complete news archive for Phyter

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  • Full article archive
  • Source and publication date
  • Older coverage
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Similar companies to Phyter

10 companies that operate in the same segment as Phyter (Nutraceutical & Food-as-Medicine Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ayurvedic healthcare and nutritional products are provided by Kapiva.
2016Bengaluru, Karnataka, IndiaUSD 77.85 MUSD 27.35 M362
Plant-based frozen meals are delivered via weekly subscriptions.
2016London, England, United KingdomUSD 69.9 MUSD 12.54 M146
Therapies for metabolic health in chronic disease patients are provided.
2014San Francisco, California, United StatesUSD 401.78 M––
Nutritional supplements for multiple health ailments are developed.
2005Mumbai, Maharashtra, IndiaUSD 1.55 M––
Personalized gut health solutions are provided by ZOE.
2017New Castle, Pennsylvania, United StatesUSD 80.12 M––
Machine learning-based bioinformatics solutions for health insights are provided.
2016Los Alamos, New Mexico, United StatesUSD 301.57 M––
Cellular health supplements for metabolic repair are developed and manufactured.
2014New York, New York, United StatesUSD 66.1 M––
Nutritional food and health supplements are provided by OZiva.
2010Mumbai, Maharashtra, IndiaUSD 17.32 MUSD 23.98 M–
Low-carb products for weight loss are provided by Atkins.
1960Denver, Colorado, United StatesUSD 15 M––
Synbiotic supplements and fermented products for gut health are provided.
2021Mumbai, Maharashtra, IndiaUSD 20.02 MUSD 5.14 M88
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Frequently Asked Questions about Phyter

Phyter was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Phyter is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Phyter is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Nov 2017.

Phyter was founded in 2015 in Chicago, United States, as a manufacturer in the food sector. Energy snack bars are produced using ripe, unprocessed fruits and vegetables, with no preservatives added. Various flavors are offered, including sweet potato and coconut, butternut squash and peanut butter, berries and peanut butter, beets and cocoa, and kale and apple. Operations focus on natural ingredient sourcing and bar formulation for energy needs.

Phyter's top competitors include Runa, Supergut and Body Armor.

Phyter offers Sweet Bonanza, Gates of Olympus, Starlight Princess, Mahjong Ways, and Wild West Gold.

Phyter has 2 investors. Key investors include The Fresh Factory, and SLoFIG.

Yes. Phyter was acquired by The Fresh Factory in April 2021.

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