David, a model that designs instruments to extend muscle and reduce fats, closed a $75 million Collection A funding spherical, led by Greenoaks with the participation of Valor Fairness Companions.
David will use the funding to scale manufacturing, speed up product improvement, and broaden stock to fulfill surging demand throughout retail and e-commerce. As a part of this development technique, the corporate acquired Epogee, the meals expertise agency behind EPG, a plant-based fats various that considerably reduces energy and fats with out compromising style or texture.
In September 2024, David launched and debuted its flagship product: a protein bar with 28g of protein, zero sugar, and simply 150 energy—providing the very best protein-to-calorie ratio in the marketplace. The model has skilled explosive development over its first eight months of business operations, increasing into over 3,000 retail places throughout america, most lately getting into Wegmans. The model is on tempo to surpass $100 million in income in its first 12 months of operation.
“Our mission is straightforward: to take away pointless energy and sugar from the American eating regimen and exchange them with what the physique truly wants, which is high-quality protein,” mentioned Peter Rahal, co-founder and CEO. “We’re constructing instruments that make it simpler to eat properly with out compromise. The response to David has been overwhelming, and this funding permits us to scale sooner and keep centered on our mission of offering options to help and enhance individuals’s well being and well-being.”
“We’re not right here to make one other snack. We’re right here to advance vitamin,” added Rahal. “Buying Epogee strengthens our skill to scale by securing a key ingredient that helps us cut back energy and fats with out compromising style. That is about gaining management over our provide chain to maneuver sooner, keep true to our mission, and ship meals that improves well being.”
“Customers have traditionally needed to make the selection between comfort, style, and vitamin,” mentioned Neil Shah, accomplice at Greenoaks. “We consider that David has created a product that breaks this tradeoff: delivering a high-protein and low-calorie bar that prospects actually crave, which has led to among the most enthusiastic buyer suggestions we’ve ever seen in CPG. We’re proud to again Peter and his outstanding workforce, and we stay up for partnering with them as they rework vitamin.”
