What is Bare?
Bare specializes in the production of simple, healthy snacks derived from real fruits and coconuts, baked to achieve a distinct crunchy texture. The company operates under a philosophy of less is more, emphasizing transparency in ingredients by excluding artificial colors, flavors, and preservatives. Their product lineup, which includes Simply Banana, Crispy Reds Apple, and Toasted Coconut, targets the health-conscious demographic that prioritizes wellness and natural nutrition. By maintaining a focus on high-quality, minimally processed ingredients, Bare has carved out a significant niche within the broader consumer packaged goods industry, positioning itself as a leader in the better-for-you snacking category.
How much funding has Bare raised?
Bare has raised a total of $9.3M across 1 funding round:
Private Equity
$9.3M
Private Equity (2013): $9.3M with participation from NGEN Partners, Avrio Capital, and Silas Capital
Key Investors in Bare
NGEN Partners
NGEN Partners is an active venture and growth equity investor committed to backing entrepreneurs seeking to transform industries through innovation, creativity and the promotion of environmentally sustainable products and services.
Avrio Capital
Avrio Subdebt specializes in providing highly customizable subordinated debt financing solutions tailored for dynamic food and agriculture companies, offering a dilution-free alternative to conventional bank debt.
Silas Capital
Silas Capital is a growth equity and venture capital firm focused on investing in the next generation of consumer brands, leveraging operational expertise to enhance brand recognition and market share.
What's next for Bare?
With the recent capital deployment, Bare is expected to focus on scaling its manufacturing capabilities and deepening its retail footprint. The strategic backing provided by its investment partners will likely facilitate broader market penetration and potential product line extensions. As the company transitions into its next phase of growth, the focus will remain on maintaining brand integrity while navigating the complexities of the global food supply chain. Future initiatives will likely prioritize operational efficiency and the continued promotion of sustainable, wellness-oriented snacking solutions to meet evolving consumer preferences.
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