About Popchips
Popchips is a company based in Los Angeles (United States) founded in 2007 was acquired by Velocity Snack Brands in October 2019.. Popchips has raised $2 million across 2 funding rounds from investors including KP Snacks, Velocity Snack Brands and TSG Consumer Partners. Popchips offers products and services including BBQ Popchips, Sea Salt Popchips, Sour Cream & Onion Popchips, Sea Salt & Vinegar Popchips, and Nacho Popchips. Popchips operates in a competitive market with competitors including The Good Crisp Company, Burts, Spudsy, Deep River Snacks and Pringles, among others.
- Headquarter Los Angeles, United States
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
KP Snacks
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Popchips
Popchips offers a comprehensive portfolio of products and services, including BBQ Popchips, Sea Salt Popchips, Sour Cream & Onion Popchips, Sea Salt & Vinegar Popchips, and Nacho Popchips. 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.
Popped potato chips with barbecue flavor for a healthier crispy treat.
Simple popped potato chips seasoned with sea salt as a low-fat option.
Flavored popped chips mimicking sour cream and onion taste without frying.
Tangy popped potato chips with sea salt and vinegar seasoning.
Spicy cheese-flavored popped chips as a healthier snack alternative.
Funding Insights of Popchips
Popchips has successfully raised a total of $2M across 2 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 Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(29 Nov 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2008 | Amount | Seed - Popchips | Valuation |
investors |
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| Nov, 2007 | Amount | Seed - Popchips | Valuation |
investors |
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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 Popchips
Popchips has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include KP Snacks, Velocity Snack Brands and TSG Consumer 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Consumer-focused investing in various sectors including Food and Beverage and Health and Wellness.
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Founded Year | Domain | Location | |
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Brand of snacks
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Founded Year | Domain | Location | |
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Snack products are processed and distributed by Velocity Snack Brands.
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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 Popchips
| 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 - Popchips
| 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 |
Popchips Comparisons
Competitors of Popchips
Popchips 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 The Good Crisp Company, Burts, Spudsy, Deep River Snacks and Pringles, 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 |
Gluten-free potato chips in various flavors are produced and sold.
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| domain | founded_year | HQ Location |
Potato chips brand
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| domain | founded_year | HQ Location |
Brand of potato puffs
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| domain | founded_year | HQ Location |
Snack foods are manufactured and distributed in the United States.
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| domain | founded_year | HQ Location |
A leading brand specializing in extruded snack products for consumers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Popchips
Frequently Asked Questions about Popchips
When was Popchips founded?
Popchips was founded in 2007.
Where is Popchips located?
Popchips is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Popchips?
Paul Davis is the current CEO of Popchips.
Is Popchips a funded company?
Popchips is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Nov 29, 2007.
What does Popchips do?
Popchips was established in 2007 and is based in Los Angeles, United States. Operations are centered in the snack food sector, with potato chips produced through a popping process. The company is led by CEO Paul Davis. Distribution occurs across the United States, targeting retail and consumer markets in the packaged snacks industry. Focus remains on standard potato chip varieties without additional services noted.
Who are the top competitors of Popchips?
Popchips's top competitors include Spudsy, Burts and The Good Crisp Company.
What products or services does Popchips offer?
Popchips offers BBQ Popchips, Sea Salt Popchips, Sour Cream & Onion Popchips, Sea Salt & Vinegar Popchips, and Nacho Popchips.
Who are Popchips's investors?
Popchips has 3 investors. Key investors include KP Snacks, Velocity Snack Brands, and TSG Consumer Partners.
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