Good Catch Foods

Good Catch Foods specializes in creating innovative plant-based seafood products that replicate traditional seafood textures and flavors, offering a sustainable alternative to consumers and restaurants. Founded in 2017 in Newtown, US, Good Catch Foods develops plant-based seafood alternatives. The company was established by Chad Sarno and has received notable investments, including a Series B funding round of USD 32. 00 mn in September 2022 from multiple investors.

The total amount raised by the company amounts to USD 32. 00 mn, with five deals to its name. Good Catch Foods specializes in innovative plant-based seafood products designed to mimic traditional seafood textures and flavors, offering alternatives such as fish sticks, fish fillets, fish burgers, crab cakes, and fish cakes. Their product formulations utilize a blend of legumes, including peas, chickpeas, lentils, soy, fava beans, and navy beans, effectively delivering a seafood experience while eliminating bycatch and promoting ocean-friendly practices.

These products cater to a diverse clientele, including environmentally conscious consumers, health-oriented individuals, and restaurants seeking to expand their plant-based offerings. Good Catch Foods products are available in various geographical markets, particularly across the United States, where they can be found in both retail outlets and food service establishments. Good Catch Foods generates revenue through a combination of direct-to-consumer sales, partnerships with retailers, and food service distributions. The company offers its products for purchase online, allowing consumers to order items directly to their homes, while also establishing relationships with grocery stores and restaurants to stock their offerings.

This dual approach enables the brand to reach both individual customers and business clients effectively. The flagship offerings, including their recently released US-made plant-based salmon burger, are marketed alongside their other seafood alternatives, appealing to a broad range of consumers seeking sustainable dining options. The transaction structure includes retail partnerships that enhance product visibility and availability in various food service channels. Following the recent acquisition in September 2022, Good Catch Foods plans to expand its product range to include new plant-based seafood offerings, furthering their reach into frozen and ambient seafood products.

The funding from the Series B round will support product development and market expansion efforts, allowing the company to target new geographic markets and increase its presence in the United States. As part of Wicked Kitchen, Good Catch Foods is poised to leverage its parent company's expertise to enhance its distribution and product visibility in the plant-based sector.