Following successful investments from Jay-Z and Grammy-award winning singer H.E.R, the allergy-free brand Partake Foods has raised $4.8 million in a new funding round. Interesting to note is CEO and founder Denise Woodard is the first woman of color to raise $1 million for a food startup. New investors include pop star Rihanna.
Allergy-friendly snack company, Partake Foods, yesterday launched its cookies in single size. In an interview with vegconomist this June, founder Denise Woodard spoke about the future of her firm since receiving $1 million in seed funding from rap star Jay Z and his VC company Marcy Venture Partners.
Former Coca-Cola national director Denise Woodard launched her allergen-free, vegan cookie company in 2016 after her daughter was diagnosed with multiple food allergies. Last week it was revealed that rap star Jay Z and his VC company Marcy Venture Partners led a $1M seed funding round to invest in Partake Foods in order to take this cookie producer to the next level.