About Prime Roots
Prime Roots is a company based in San Francisco (United States) founded in 2017 by Kimberlie Le.. Prime Roots has raised $48.5 million across 4 funding rounds from investors including Prosus, Top Tier Capital Partners and True Ventures. The company has 22 employees as of December 31, 2021. Prime Roots offers products and services including Deli Meats, Bacon, and Koji Meats. Prime Roots operates in a competitive market with competitors including Meati, MyForest Foods and 50CUT, among others.
- Headquarter San Francisco, United States
- Employees 22 as on 31 Dec, 2021
- Founders Kimberlie Le
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Terramino, Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$48.5 M (USD)
in 4 rounds
-
Latest Funding Round
$30 M (USD), Series B
Dec 19, 2022
-
Investors
Prosus
& 13 more
-
Employee Count
22
as on Dec 31, 2021
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Prime Roots
Prime Roots offers a comprehensive portfolio of products and services, including Deli Meats, Bacon, and Koji Meats. 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.
Plant-based alternatives to traditional deli meats for clean protein consumption.
Sustainable bacon substitute made from clean-plant proteins for everyday use.
Innovative koji-based meats promoting allergen-free and eco-friendly options.
Unlock access to complete
Funding Insights of Prime Roots
Prime Roots has successfully raised a total of $48.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in December 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 Funding
- Total Rounds 4
- Last Round Series B — $30.0M
-
First Round
First Round
(22 Dec 2017)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series B - Prime Roots | Valuation |
investors |
|
| Jul, 2020 | Amount | Series A - Prime Roots | Valuation |
investors |
|
| Jul, 2018 | Amount | Seed - Prime Roots | Valuation | True Ventures , Collab Fund |
|
| 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 Prime Roots
Prime Roots has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Prosus, Top Tier Capital Partners and True Ventures. 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 |
|---|---|---|---|---|
|
Venture capital firm supporting AI founders through investments and community.
|
Founded Year | Domain | Location | |
|
Investment in hard tech for planetary health, focusing on materials science, chemistry, and biology.
|
Founded Year | Domain | Location | |
|
Biotech startups are accelerated through IndieBio's focused programs.
|
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 Prime Roots
| 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 - Prime Roots
| 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 |
Prime Roots Comparisons
Competitors of Prime Roots
Prime Roots 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 Meati, MyForest Foods and 50CUT, 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 |
Developer of fungi-based protein meats foods
|
|
| domain | founded_year | HQ Location |
Plant-based whole cut meat is developed from mushroom roots.
|
|
| domain | founded_year | HQ Location |
Mushroom root-based meat alternatives are developed and manufactured.
|
| 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 Prime Roots
Frequently Asked Questions about Prime Roots
When was Prime Roots founded?
Prime Roots was founded in 2017.
Where is Prime Roots located?
Prime Roots is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Prime Roots?
Kimberlie Le is the current CEO of Prime Roots. They have also founded this company.
Is Prime Roots a funded company?
Prime Roots is a funded company, having raised a total of $48.5M across 4 funding rounds to date. The company's 1st funding round was a Seed of $4.25M, raised on Dec 22, 2017.
How many employees does Prime Roots have?
As of Dec 31, 2021, the latest employee count at Prime Roots is 22.
What does Prime Roots do?
Prime Roots was founded in 2017 in San Francisco, United States. Operations focus on the production and supply of protein products derived from edible fungi as a super-protein source. Edible items are developed to address sustainability, with reductions in water usage and CO2 emissions integrated into the process. The company serves the food and alternative protein sector through its platform.
Who are the top competitors of Prime Roots?
Prime Roots's top competitors include Meati, MyForest Foods and 50CUT.
What products or services does Prime Roots offer?
Prime Roots offers Deli Meats, Bacon, and Koji Meats.
Who are Prime Roots's investors?
Prime Roots has 14 investors. Key investors include Prosus, Top Tier Capital Partners, True Ventures, Pangaea Ventures, and IndieBio.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.