About SnackNation
SnackNation is a company based in Los Angeles (United States) founded in 2014 by Andy Mackensen.. SnackNation has raised $12 million across 1 funding round from investors including 3L Capital. The company has 75 employees as of December 31, 2021. SnackNation has completed 2 acquisitions, including EdgiLife and Love With Food. SnackNation offers products and services including SnackNation Box, Corporate Gift Boxes, and Snack Delivery Service. SnackNation operates in a competitive market with competitors including Bokksu, Love With Food, Blissmo, MunchPak and Snackoo, among others.
- Headquarter Los Angeles, United States
- Employees 75 as on 31 Dec, 2021
- Founders Andy Mackensen
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Awesome Office, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 1 rounds
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Latest Funding Round
$12 M (USD), Series B
May 30, 2018
- Investors
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Employee Count
75
as on Dec 31, 2021
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Investments & Acquisitions
EdgiLife
& 1 more
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Products & Services of SnackNation
SnackNation offers a comprehensive portfolio of products and services, including SnackNation Box, Corporate Gift Boxes, and Snack Delivery Service. 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.
Curated healthy snacks for office and remote teams
Customizable gifts for employee appreciation
Technology-enabled delivery of varied snacks
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Funding Insights of SnackNation
SnackNation has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Series B round of $12 million completed in May 2018. 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 1
- Last Round Series B — $12.0M
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First Round
First Round
(30 May 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series B - SnackNation | Valuation | 3L Capital |
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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 SnackNation
SnackNation has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 3L Capital. 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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Tech startups are invested in by 3L Capital venture firm.
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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 SnackNation
SnackNation has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EdgiLife and Love With Food. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Experiential marketing, product testing and consumer insights solutions
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2012 | ||||
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Monthly snack boxes are delivered through food brand partnerships.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SnackNation
| 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 |
Snacknation Comparisons
Competitors of SnackNation
SnackNation 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 Bokksu, Love With Food, Blissmo, MunchPak and Snackoo, 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 |
Premium Japanese snacks are offered via subscription platform.
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| domain | founded_year | HQ Location |
Monthly snack boxes are delivered through food brand partnerships.
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| domain | founded_year | HQ Location |
Monthly subscription boxes of organic, non-toxic, eco-friendly products are delivered.
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| domain | founded_year | HQ Location |
Offers an online subscription service for snacks.
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| domain | founded_year | HQ Location |
Manages an e-commerce store featuring a variety of imported snacks.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Snacknation
Frequently Asked Questions about SnackNation
When was SnackNation founded?
SnackNation was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is SnackNation located?
SnackNation is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is SnackNation a funded company?
SnackNation is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Series B of $12M, raised on May 30, 2018.
How many employees does SnackNation have?
As of Dec 31, 2021, the latest employee count at SnackNation is 75.
What does SnackNation do?
SnackNation was founded in 2014 and is headquartered in Los Angeles, United States. An online subscription platform is maintained for providing snacks to remote employees, in-office staff, individuals, and families. Items such as bars, chips, jerky, granola, and trail mix from assorted brands are included in the offerings. Operations center on facilitating snack distribution through recurring deliveries in the consumer goods sector.
Who are the top competitors of SnackNation?
SnackNation's top competitors include Bokksu, Love With Food and Blissmo.
What products or services does SnackNation offer?
SnackNation offers SnackNation Box, Corporate Gift Boxes, and Snack Delivery Service.
How many acquisitions has SnackNation made?
SnackNation has made 2 acquisitions, including EdgiLife, and Love With Food.
Who are SnackNation's investors?
SnackNation has 1 investor. Key investors include 3L Capital.
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