Strand Equity Partners and Leonardo DiCaprio make minority equity investments in organic chickpea puffs that gives back.
HIPPEAS™, one of the world's fastest-growing natural snack food companies, announced today a group of new investors whose equity stake will help the brand continue its explosive growth trajectory. Revenues are on track to more than triple this year.
Livio Bisterzo, CEO and Co-Founder of HIPPEAS confirmed today that Strand Equity Partners, a leading US growth equity fund founded by Seth Rodsky, and Leonardo DiCaprio have invested in the company.
"I'm truly excited that Strand Equity Partners and Leonardo have joined the HIPPEAS family. As the brand continues to grow with such momentum in both the UK and US, it's incredible to bring on board partners who align with our vision and values as a company. We are very enthusiastic to be sharing in this journey with them," says Bisterzo.
"HIPPEAS is a high-growth and differentiated brand that has been created in a short amount of time,” said Seth Rodsky, Co-Founder and Managing Partner of Strand Equity Partners. "The unprecedented traction the brand has achieved is a testament to its unique offering that combines nutrition with a creative flavor profile. We look forward to partnering with Livio, and the talented management team at HIPPEAS, to lead the next evolution of ‘better for you’ snacking."
HIPPEAS is a new brand of organic chickpea puffs calling all snackers to #GivePeasAChance and try the new “better for you” snack while also “doing good” for the world.
HIPPEAS believes that “tastes good” and “do good” are two philosophies that should go hand in hand – that’s why they’ve partnered with Farm Africa, a charity working to end hunger and bring wealth to rural eastern Africa. For each pack sold, the brand will donate a portion of sales to support farmers in eastern Africa to grow themselves out of poverty, helping them build a more prosperous life for themselves and their families.
The company is currently sold in over 20,000 stores in the US and UK with customers including Waitrose, Ocado, Whole Foods, Planet Organic, Holland and Barrett, WH Smiths & Boots in the UK.
Light and crunchy with a serious punch of protein and fiber, HIPPEAS are low-calorie, certified organic, certified gluten-free, vegan, kosher and non-GMO. With three grams of fiber and four grams of protein per single-serve, one-ounce bag, HIPPEAS are the new go-to snack choice for consumers who demand tasty snacks made with high-quality ingredients.