Romaine Empire, Inc.
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Romaine Empire, Inc. - overview
Location
Chicago, IL, US
Primary Industry
Food
About
Romaine Empire, Inc. operates Farmer’s Fridge, providing freshly prepared, chef-designed meals for health-conscious consumers through convenient kiosks located nationwide. The company addresses the demand for nutritious food options, catering to busy lifestyles. Romaine Empire, Inc.
operates Farmer’s Fridge, which specializes in offering healthy meals on-the-go. The company was founded by Luke Saunders, who has a history of entrepreneurial ventures. Its headquarters is located in Chicago, US. In September 2018, the company raised USD 30 mn in a Series C funding round led by Innovation Endeavors, with participation from investors including DNS Capital and GreatPoint Ventures.
The total amount raised by the company is USD 30 mn. Farmer’s Fridge provides a variety of freshly prepared meals, including salads, breakfast sandwiches, and bowls made from high-quality ingredients sourced daily. These meals are prepared in their Chicago kitchen and are available in over 2,000 locations, such as airports, offices, and universities, to meet the growing demand for convenient yet nutritious food options. Farmer’s Fridge generates revenue primarily through direct sales at their Fridge kiosks, where customers select from a range of meals priced individually.
The customer engagement is enhanced by a loyalty program that allows point accumulation with each purchase. While specific pricing details are not disclosed, the company operates on a straightforward transaction model, supplemented by potential partnerships offering healthy meal options. Following the Series C funding round in September 2018, Romaine Empire, Inc. plans to utilize the USD 30 mn to develop new product offerings and expand into additional markets.
Specific timelines and details for new product launches are not disclosed, but the funds will support initiatives aimed at enhancing customer convenience and accessibility. The company aims to reach broader geographic regions while maintaining its commitment to providing nutritious meal options.
Current Investors
GroundForce Capital, Danone Manifesto Ventures, Cleveland Avenue
Primary Industry
Food
Sub Industries
Snack Foods, Search Engines, Web Applications
Website
www.farmersfridge.com
Verticals
Mobile Apps
Company Stage
Series C
Total Amount Raised
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