RealEats secures over $16 Million in Series A Funding (PRNewswire)
RealEats, the meal delivery service that makes it simple for people to enjoy the nutritional benefits of real food, has raised $16.3 million in a Series A funding round.
The round was led by Hamilton Lane (NASDAQ: HLNE) on behalf of the New York State Common Retirement Fund, which participated through its co-investment fund managed by the firm, and also includes global health and wellness brand GNC, Armory Square Ventures, and Excell Partners.
The Series A raise will help take the RealEats brand national and accelerate the move into their new 80,000 square foot facility in Geneva, NY where the company plans to continue to create much-needed jobs and help support the local community. The funds will also fuel the company’s product innovation pipeline and support the launch of a much-anticipated new meal line that will be debuting this year.
RealEats is a subscription meal delivery service founded in 2017 by a busy single dad who struggled to put healthy food on the table for his family. The organization is on a mission to build a healthier food future by offering a wide array of clean meals that incorporate fresh nutritionally dense ingredients – many of which are sourced locally. RealEats is headquartered in Geneva, within the Finger Lakes agricultural region of New York.
Read the full story on PRNewswire.com: RealEats secures over $16 Million in Series A Funding