About The New Primal
The New Primal is a company based in Charleston (United States) founded in 2010 by Jason Burke.. The New Primal has raised $21.16 million across 6 funding rounds from investors including Manna Tree Partners. The company has 21 employees as of December 31, 2022. The New Primal operates in a competitive market with competitors including Stryve Biltong, Smithfield Foods, Chomps, Eat the Change and SIMULATE, among others.
- Headquarter Charleston, United States
- Employees 21 as on 31 Dec, 2022
- Founders Jason Burke
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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
*********
- Legal Name The New Primal, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.16 M (USD)
in 6 rounds
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Latest Funding Round
$15 M (USD), Series B
Jul 29, 2021
- Investors
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Employee Count
21
as on Dec 31, 2022
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Funding Insights of The New Primal
The New Primal has successfully raised a total of $21.16M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in July 2021. 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 6
- Last Round Series B — $15.0M
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First Round
First Round
(08 Sep 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series B - The New Primal | Valuation |
investors |
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| Oct, 2019 | Amount | Series A - The New Primal | Valuation |
investors |
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| May, 2019 | Amount | Series A - The New Primal | 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 The New Primal
The New Primal has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Manna Tree 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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Investments in health and wellness companies, focusing on consumer health and financial returns.
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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 New Primal
| 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 - The New Primal
| 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 |
The New Primal Comparisons
Competitors of The New Primal
The New Primal 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 Stryve Biltong, Smithfield Foods, Chomps, Eat the Change and SIMULATE, 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 |
Beef jerky is manufactured and distributed by Stryve Biltong.
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| domain | founded_year | HQ Location |
Hog breeding, rearing, processing, and meat supply are managed.
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| domain | founded_year | HQ Location |
Snacks brand
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| domain | founded_year | HQ Location |
Nutrient-dense snacks are branded and distributed by Eat the Change.
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| domain | founded_year | HQ Location |
Brand of chicken nugget
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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 The New Primal
Frequently Asked Questions about The New Primal
When was The New Primal founded?
The New Primal was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Where is The New Primal located?
The New Primal is headquartered in Charleston, United States. It is registered at Charleston, South Carolina, United States.
Is The New Primal a funded company?
The New Primal is a funded company, having raised a total of $21.16M across 6 funding rounds to date. The company's 1st funding round was a Series A of $700.97K, raised on Sep 08, 2014.
How many employees does The New Primal have?
As of Dec 31, 2022, the latest employee count at The New Primal is 21.
What does The New Primal do?
The New Primal was founded in 2010 and is based in Charleston, United States. Operations focus on the production of snacks within the food sector, including chicken and beef jerky, meat sticks, pork sticks, grass-fed beef sticks, snack mates, and various marinades. Products are distributed primarily through online channels.
Who are the top competitors of The New Primal?
The New Primal's top competitors include Chomps, Smithfield Foods and Daring.
Who are The New Primal's investors?
The New Primal has 1 investor. Key investors include Manna Tree Partners.
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