About The Good Bean
The Good Bean is a company based in Berkeley (United States) founded in 2010.. The company has 7 employees as of December 31, 2022. The Good Bean has completed 1 acquisition, including Beanitos. The Good Bean offers products and services including Crunchy Chickpeas, Heat-and-Eat Pouches, and Beanitos Chips. The Good Bean operates in a competitive market with competitors including Atkins, Siete Family Foods, Biena Snacks, Peeled Snacks and Hippeas, among others.
- Headquarter Berkeley, United States
- Employees 7 as on 31 Dec, 2022
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Sectors
HealthcareConsumer
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Email
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Phone
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Website
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Social
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- Legal Name The Good Bean Inc.
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Products & Services of The Good Bean
The Good Bean offers a comprehensive portfolio of products and services, including Crunchy Chickpeas, Heat-and-Eat Pouches, and Beanitos Chips. 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.
Healthy, crunchy snacks made from chickpeas for plant-based protein.
Convenient pouches with global flavors for quick, sustainable meals.
Tasty, bean-based chips offering gluten-free and non-GMO snacking options.
Funding Insights of The Good Bean
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $4.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2020 | Amount | Debt – Conventional - The Good Bean | Valuation |
investors |
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| Feb, 2020 | Amount | Private Equity Round - The Good Bean | Valuation | L Catterton , 2x Consumer Products Growth Partners |
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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 The Good Bean
The Good Bean has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include TAB Bank, L Catterton and 2x Consumer Products Growth 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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L Catterton is recognized as a leading consumer-focused private equity group.
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Founded Year | Domain | Location | |
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PE firm investing in the US
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Founded Year | Domain | Location | |
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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 The Good Bean
The Good Bean has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Beanitos. 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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Brand of bean chip snacks
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2008 |
| 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 - The Good Bean
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
The Good Bean Comparisons
Competitors of The Good Bean
The Good Bean 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 Atkins, Siete Family Foods, Biena Snacks, Peeled Snacks and Hippeas, 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 |
Low-carb products for weight loss are provided by Atkins.
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| domain | founded_year | HQ Location |
Manufacturer & brand of savory snacks
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| domain | founded_year | HQ Location |
Brand of roasted chickpeas
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| domain | founded_year | HQ Location |
Extruded snacks are manufactured and branded by Peeled Snacks.
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| domain | founded_year | HQ Location |
Organic chickpea snacks are developed and sold in Sub-Saharan Africa.
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| domain | founded_year | HQ Location |
Healthy snacks and supplements
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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 The Good Bean
Frequently Asked Questions about The Good Bean
When was The Good Bean founded?
The Good Bean was founded in 2010 and raised its 1st funding round 10 years after it was founded.
Where is The Good Bean located?
The Good Bean is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
How many employees does The Good Bean have?
As of Dec 31, 2022, the latest employee count at The Good Bean is 7.
What does The Good Bean do?
Founded in 2010, a range of bean-based protein snacks is produced by the company in Berkeley, United States. Operations focus on the food manufacturing sector, where nutritious products such as crunchy chickpeas, chocolate-covered chickpeas, and crispy fava beans are developed and offered. Distribution occurs through various channels, emphasizing plant-based protein options for health-conscious consumers.
Who are the top competitors of The Good Bean?
The Good Bean's top competitors include Atkins, Siete Family Foods and Biena Snacks.
What products or services does The Good Bean offer?
The Good Bean offers Crunchy Chickpeas, Heat-and-Eat Pouches, and Beanitos Chips.
How many acquisitions has The Good Bean made?
The Good Bean has made 1 acquisition, including Beanitos.
Who are The Good Bean's investors?
The Good Bean has 4 investors. Key investors include TAB Bank, L Catterton, 2x Consumer Products Growth Partners, and BFY Capital.