What is NibMor?
Founded in 2009 by Heather K. Terry and Jennifer Love, NibMor, short for Nibble More, emerged from a desire to provide healthier, affordable chocolate options. Initially operating out of a New York City kitchen, the company has since relocated to Kennebunk, Maine. NibMor is dedicated to using high-quality, better-for-you ingredients, including natural, organic, non-GMO, gluten-free, and vegan components, all sourced through fair trade practices. Their commitment extends to making these mindful indulgence options accessible at an affordable price point, positioning them as a key player in the health-conscious snack market.
How much funding has NibMor raised?
NibMor has raised a total of $2.6M across 3 funding rounds:
Unspecified
$650K
Unspecified
$1.2M
Private Equity
$750K
Unspecified (2012): $650K, investors not publicly disclosed
Unspecified (2013): $1.2M led by Emil Capital Partners
Private Equity (2015): $750K, investors not publicly disclosed
Key Investors in NibMor
Emil Capital Partners
Emil Capital Partners is a strategic investment firm focused on consumer brands, particularly in accessible nutrition and health-related sectors. They provide capital and operational expertise to help businesses grow and meet evolving consumer needs.
What's next for NibMor?
The recent major strategic investment signals a pivotal phase for NibMor, likely enabling the company to scale its operations, enhance its product innovation pipeline, and broaden its distribution channels. This capital infusion is expected to fuel further expansion into new markets and strengthen its competitive edge against both established confectionery giants and emerging health food brands. Strategic partnerships and continued focus on consumer demand for healthier indulgence options will be critical for NibMor's sustained growth trajectory.
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