Kodiak Cakes, LLC
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.
Kodiak Cakes, LLC - overview
Established
1995
Location
Park City, UT-Utah, US
Primary Industry
Food
About
Kodiak Cakes, LLC specializes in nutritious, protein-rich breakfast foods, offering a range of oatmeal, flapjack, and waffle mixes designed to support active lifestyles and health-conscious consumers. Founded in 1995 in Park City, US, Kodiak Cakes, LLC creates high-quality breakfast options. The company was co-founded by Cameron Smith and Jon Clark, with Joel Clark and Valerie Oswalt currently leading as CEO. The firm has engaged in 2 deals, with the most recent transaction taking place on May 25, 2021, when L Catterton acquired a majority stake from Sunrise Strategic Partners and Trilantic North America, enhancing its operational strategy.
Kodiak Cakes specializes in producing high-quality, protein-packed breakfast foods, primarily oatmeal, flapjack, and waffle mixes, along with frozen breakfast options. Their product range includes various flavors and formulations aimed at providing nutritious meals for those with active lifestyles. Targeting outdoor enthusiasts, athletes, and health-conscious individuals, Kodiak Cakes products are available through grocery stores, health food stores, and online platforms throughout the United States. The revenue structure of Kodiak Cakes is based on a direct-to-consumer model complemented by retail partnerships.
Consumers can purchase products directly on the Kodiak Cakes website, which also offers subscription services. Retail partnerships extend their market reach through various grocery chains and specialty food stores. The company's flagship products, such as protein-packed oatmeal and flapjack mixes, serve as key revenue drivers, supported by diverse purchasing options including single purchases and subscriptions. Kodiak Cakes plans to utilize the growth capital acquired in May 2021 to expand its product line and enhance market presence.
Upcoming new products are in development, with plans for specific releases to be announced soon. The company is also targeting expansion into new geographic markets, aiming to broaden its reach beyond the current U. S. market in the near future, supporting their growth strategy.
Current Investors
L Catterton, Patricof Co, Trilantic North America
Primary Industry
Food
Sub Industries
Snack Foods, Bakery Products
Website
www.kodiakcakes.com
Verticals
E-commerce
Total Amount Raised
Subscriber access only
Kodiak Cakes, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Kodiak Cakes, LLC | - | ||||||||
| Secondary Buyout | Completed | Kodiak Cakes, LLC | - | ||||||||
| Unspecified Round | Completed | Kodiak Cakes, LLC | - |
Displaying 1 - 3 of 3
Kodiak Cakes, LLC - employee data


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.