Goodles

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Goodles - overview

Established

2020

Location

Santa Cruz, CA, US

Primary Industry

Food

About

Goodles is a US-based company that specializes in creating nutritious and flavorful mac and cheese alternatives, redefining comfort food for health-conscious consumers. Goodles, founded in 2020 in Santa Cruz, US, produces innovative mac and cheese products. The company has successfully closed 4 deals, with the latest funding round being a Series A on May 4, 2023, raising USD 13. 000 mn led by L Catterton, including contributions from other investors.


The founder, Paul Earle, has a background in the food industry that supports his vision for health-focused meal options. GOODLES specializes in healthier mac and cheese alternatives that are both delicious and nutrient-dense. Their core product offerings include a variety of flavors designed to reimagine traditional comfort food while providing better nutritional profiles. The brand has recently introduced three new flavors: Dreamy Creamy, Thrilled Cheese, and Queso Tell Me More, which cater to diverse taste preferences and dietary needs.


GOODLES products are available in various geographical markets, primarily across the United States and Canada, appealing to both individual consumers and families seeking quick, satisfying meals. GOODLES generates revenue through direct-to-consumer sales, primarily via their online platform, where customers can purchase individual products or variety packs. Transactions typically involve consumers placing one-time orders, often benefiting from promotions such as free shipping over a specified purchase amount. The company’s offerings include both classic and deluxe mac and cheese varieties, catering to a broad range of customers, including parents looking for healthy meals for their children and adults seeking convenient dining options.


The straightforward purchasing model supports customer retention and encourages repeat purchases, contributing to overall revenue growth. In May 2023, Goodles raised USD 13. 000 mn in Series A funding, led by L Catterton, to enhance its production capabilities in the US. The company plans to expand its product line with new offerings designed to meet evolving consumer demands while increasing its market presence, particularly in the US and Canada.


The recent funding will facilitate these initiatives by improving production efficiency and allowing for further product development.


Current Investors

Alumni Ventures Group, 1st Course Capital, GingerBread Capital

Primary Industry

Food

Sub Industries

Accessories, Clothing, Other Food Products

Website

www.goodles.com

Verticals

E-commerce, Manufacturing

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.