About Sterling Foods
Sterling Foods is a Consumer company based in San Antonio (United States) founded in 1971, and was acquired by Cotton Creek Capital in April 2016. Bakery products are offered via a chain of stores. It operates on a B2B2C model. Sterling Foods has raised $56.47 million across 3 funding rounds from investors including Cotton Creek Capital, Austin Ventures and TGF Management. The company has 804 employees. Sterling Foods offers products and services including Specialty Bakery Products. Its focus areas include Food & Beverage, Bakery and Specialty Bakery. Its legal entity is Sterling BV, Inc. Its competitors include IHOP, Cheesecake Factory and Sprinkles Cupcakes.
Company details
Sterling Foods is involved in the development and production of specialty bakery products since 1971. The company is recognized for providing vertically-integrated business solutions to sophisticated food brands across the nation. Emphasis is placed on customization, diversification, and customer-driven solutions across various business channels. Food safety and quality are prioritized, with standards in sourcing, processing, and packaging being exceeded consistently.
- Headquarters San Antonio, United States
- Employees 804
- Stage Acquired
- SectorsConsumer
- Phoneβ’β’β’β’ β’β’β’β’
- Website sterling-fd.com
- Social LinkedIn
- Acquired by Cotton Creek Capital (Apr 2016)
- Legal Name Sterling Bv, Inc.
- Total Equity Funding$56.47M (USD)
in 3 rounds
- Latest Funding Round$24.34M (USD), Series B
Mar 2010
- InvestorsCotton Creek Capital
& 3 more
- Employee Count804
- Acquired by
Products & Services of Sterling Foods
Sterling Foods offers a comprehensive portfolio of products and services, including Specialty Bakery Products.
Specialty bakery products are developed and produced expertly.
Funding Insights of Sterling Foods
Sterling Foods has successfully raised a total of $56.47M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $24.34 million completed in March 2010. 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 $56.47M
- Total Rounds 3
- Last Round Series B β $24.34M
- First Round $18M
(Dec 2008)
All 3 funding rounds of Sterling Foods 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 |
|---|---|---|---|---|---|
| Mar 2010 | $24.34M | Series B | β | β | β |
| Jan 2009 | $32.14M | Series A | β | β | β |
| Dec 2008 | $18M | Debt – Conventional | β | β | β |
4 investors in total: 4 institutional.
Investors in Sterling Foods
Sterling Foods has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Cotton Creek Capital, Austin Ventures and TGF Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Capital solutions are offered for middle market businesses. | cottoncreekcapital.com | |||
Venture capital investments in Texas-based companies. | austinventures.com | |||
| tgfmanagement.com | ||||
ICV Partners is focused on lower middle-market investments. | icvpartners.com | Miami, United States |
Investor details for Sterling Foods
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People of Sterling Foods
15 people are tracked at Sterling Foods (7 in leadership, 8 in team); the tracked headcount is 804.
| Name | Role | Group |
|---|---|---|
John Likovich | Chairman and Chief Executive Officer | Leadership |
Liz Thomas | Executive Vice President, Sales And Marketing | Leadership |
Barry N. Christman | Director Of Business Development | Leadership |
Eric Erickson | Vice President, Government Contracting & Marketing | Leadership |
Dan Seale | Sr. VP Of Human Resources & Process Improvement | Leadership |
Chad Sim | Vice President Of Operations | Leadership |
Gabriel Hernandez | Director Of Operations | Leadership |
Robert Perez | Plant Manager | Team |
Raul Salinas | Maintenance Manager | Team |
Dhruba Aryal | Chef | Team |
Brittany Merritt | Business Development Manager | Team |
James Heath | Lead Maintenance Technician 3rd Shift. | Team |
Charley Bailey | Maintenance Technician | Team |
Dora Martinez | Warehouse Admin. | Team |
Orlando Lopez | Warehouse Supervisor | Team |
Complete people profiles for Sterling Foods
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- Team structure
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Timeline of Sterling Foods
6 dated milestones of Sterling Foods across 45 years, from founding to its latest funding, stage changes and deals.
- Founded Sterling Foods is founded.
- Exit Acquired by ICV Partners.
- Funding First funding round of $18.0M.
- Exit Acquired by TGF Management.
- Funding Latest funding round, Series B, of $24.3M.
- Exit Acquired by Cotton Creek Capital.
Competitors of Sterling Foods
Sterling Foods has 3 listed competitors in our database. They include IHOP, Cheesecake Factory and Sprinkles Cupcakes.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ihop.com | 1958 | Glendale, United States | 3,447 | Pancakes and breakfast meals are served at a restaurant chain. | ||
| thecheesecakefactory.com | 1978 | Calabasas, United States | Full-service restaurants are operated and cheesecakes are distributed nationwide. | |||
| sprinkles.com | 2005 | Beverly Hills, United States | 220 | Provider of cupcakes, cakes, and related baked goods via online and in-store channels |
Detailed competitors of Sterling Foods
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Web traffic of Sterling Foods
The website of Sterling Foods (sterling-fd.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 67% vs previous month
Top companies in Food Service Chains
3 companies that operate in the same segment as Sterling Foods (Food Service Chains) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Salads and meal bowls are offered by restaurant chains. | 2006 | Los Angeles, California, United States | USD 479.07 M | USD 679.47 M | 2,868 | |
Doughnuts and coffee are provided by the international chain. | 1937 | Winston-salem, North Carolina, United States | USD 114.68 M | USD 1.52 B | 21,000 | |
A chain of restaurants provides meals and catering services. | 2009 | Colorado City, Colorado, United States | USD 11.45 M | 526 |
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Related news about Sterling Foods
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Frequently Asked Questions about Sterling Foods
Sterling Foods was founded in 1971 and raised its 1st funding round 37 years after it was founded.
Sterling Foods is headquartered in San Antonio, United States. It is registered at San Antonio, Texas, United States.
Sterling Foods is a funded company, having raised a total of $56.47M across 3 funding rounds to date. The company's 1st funding round was a Debt β Conventional of $18M, raised on Dec 2008.
Sterling Foods has 804 employees.
Sterling Foods is involved in the development and production of specialty bakery products since 1971. The company is recognized for providing vertically-integrated business solutions to sophisticated food brands across the nation. Emphasis is placed on customization, diversification, and customer-driven solutions across various business channels. Food safety and quality are prioritized, with standards in sourcing, processing, and packaging being exceeded consistently.
Sterling Foods's top competitors include IHOP, Sprinkles Cupcakes and Cheesecake Factory.
Sterling Foods offers Specialty Bakery Products.
Sterling Foods has 4 investors. Key investors include Cotton Creek Capital, Austin Ventures, TGF Management, and ICV Partners.
Sterling Foods operates through Sterling Bv, Inc..
Yes. Sterling Foods was acquired by Cotton Creek Capital in April 2016.

