In a statement, Doughlicious said nan finance will “fuel” description successful nan US and globally.
Credit: Doughlicious/PRNewswire.
UK cookie-dough shaper Doughlicious has secured finance from a Bain & Company task fund.
The size and different position of nan finance were not disclosed.
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In a statement, Doughlicious described nan finance from Future Back Ventures arsenic a “major milestone”, adding it will “fuel” description successful nan US and globally.
The money invests successful companies founded aliases led by Bain alumni.
The Doughlicious woody marks Future Back Ventures’ first finance successful nan user packaged equipment sector.
The cooky mixed firm’s CFO and co-founder, Dan Bricken, is simply a Bain alumnus.
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Referring to Future Back Ventures, Bricken said: “Their belief successful Doughlicious and our ngo to reimagine cooky mixed arsenic a modern, feel-good indulgence is some personally meaningful and breathtaking for what’s up for our business and brand.”
Ann Scott-Plante, caput of Future Back Ventures, added: “Doughlicious is simply a stand-out illustration of a purpose-driven, high-growth marque disrupting a accepted class pinch creativity, innovation, and integrity.”
In August, US nutrient and beverage group Rich Products invested in Doughlicious arsenic portion of a $5m backing round.
At nan time, nan institution told Just Food nan superior would thief found accumulation successful nan US. Doughlicious manufactures astatine a tract successful London.
Set up successful 2017, Doughlicious specialises successful cooky dough, trading what it says is simply a better-for-you type of nan baked treat.
The scope besides takes successful “bites” made from cooky mixed and dairy-free gelato.
Doughlicious products are stocked successful unit outlets crossed nan US, nan UK, parts of Europe and nan Middle East.
In nan US, distribution covers chains specified arsenic Target, Whole Foods and Wegmans. The marque has precocious entered complete 1,000 Kroger locations nationwide.
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