Meatless Snack Company Outstanding Foods Raises $10 Million

By Amit Chowdhry ● January 11, 2021
  • Outstanding Foods — the maker of PigOut Pigless Pork Rinds and TakeOut Meal-In-A-Bag Puffs — announced it has raised $10 million in Series A funding led by SternAegis Ventures.

Outstanding Foods — the maker of PigOut Pigless Pork Rinds and TakeOut Meal-In-A-Bag Puffs — announced it has raised $10 million in Series A funding led by SternAegis Ventures. And with this round of funding, Outstanding Foods will expand both its retail footprint as well as its direct-to-consumer marketing efforts. 

With this round of funding, Outstanding Foods will use the proceeds to bolster its R&D team led by cofounder Chef Dave Anderson in order to accelerate the development of new outstanding market-ready plant-based products. And notable strategic investors Kenneth Harris (former Chairman of the Board of Enjoy Life Foods) and Javier Valéz-Bautista (former CEO of Mission Foods and current CEO of El Dorado Foods) both invested in the funding.

With this round of funding, Outstanding Foods shall continue to execute upon a plan of rapid retailer expansion both nationally and globally in support of its first product PigOut Pigless Pork Rinds and its most recent innovation TakeOut Meal-In-A-Bag Puffs.

Outstanding Foods was co-founded by Bill Glaser and Chef Dave Anderson out of a shared and decades-long love for plant-based delicious foods. And with a desire to make plant-based eating Tasty as Hell, Outstanding Foods creates snacks that everyone (from meat lovers to herbivores) can enjoy mindfully without sacrificing taste or texture. Plus Outstanding Foods products are currently sold in retailers nationwide including locations at Walmart, Kroger, Whole Foods, and southwest 7-11 locations.

KEY QUOTES:

“We’ve experienced explosive growth in 2020 in both our DTC and retailer channels, and feedback on our Addictively Delicious™ and nutritious products has been outstandingly positive. This Series A financing will enable us to accelerate our mission of making it easier for anyone to eat healthier plant-based foods. Look for more Outstanding Foods tasty innovative products to come!”

— Bill Glaser, CEO and co-founder of Outstanding Foods

“We are committed to supporting the Outstanding Foods team in its mission to develop a plant-based snack products global brand. Outstanding Foods is led by passionate serial entrepreneurs seeking to push the boundaries of what’s possible with plant-based ingredients.”

— Cassel Shapiro, CFA, Partner, SternAegis Ventures