Springdale Ventures embarks on next chapter of growth


An entrepreneur’s journey from a company’s first days – which are typically fueled by the goodwill and support family and friends – to closing its first significant funding round, can seem like a monumental leap with very few stepping stones in between. 

This is where Springdale Ventures is seeking to help propel brands.

“Our ideal stage is between friends and family and where they might level up to a CAVU or AF [Ventures] that’s waiting for about $5m in revenue. We do find we’re around the table with angels that may be writing a little bit bigger checks, and we like that… It’s a good space to be in, because the investments at that point are somewhat de-risked, but the valuation is still generally not crazy yet,”​ Gilbreath told FoodNavigator-USA.

Springdale Ventures has a proven track record of growing early-stage brands across the consumer packaged goods market since it was first founded by Gilbreath, who has worked 20 years in the consumer goods and natural foods industry, and Dan Graham, an entrepreneur with decades of experience growing and scaling companies in the consumer tech space. 

Across its portfolio of 23 companies – which includes emerging brands Better Booch, Fit Joy, KOS organic plant-based protein powders, and Karma nuts snacks –  Springdale Ventures has averaged five times revenue growth and attracting a variety of brands of which nearly half of are led by diverse and underrepresented founders.

The VC also recently led the $11m Series A investment​ in fresh baby food brand, Tiny Organics. 



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