The round was led by Beechwood Capital, based in Boston Other participants in the round include Strand Equity Partners, a consumer fund with investments including Bai, PopChips and VitaCoco, and RSE Ventures, a sports and entertainment fund with portfolios including the International Champions Cup, Momofuku and Resy.
The funding will enable Banza to increase its production capacity, accelerate the creation and development of new products, and support team growth—all of which will help Banza bring better pasta to more people.
“The end of this round is an exciting and reflective moment for us,” said Brian Rudolph, co-founder and CEO of Banza. “Not too long ago, I made chickpea pasta for myself in my kitchen. It’s surreal how far we’ve come since then, but we’re really just getting started. We’re excited to be able to tap into Beechwood’s consumer goods resources and expertise to bring our brand to the next level, furthering our mission to make nutritious food more accessible. “That’s right.
In 2014, Banza was founded by two brothers, Brian and Scott Rudolph. Looking for a healthier version of his favorite food, Brian started making chickpea pasta by hand in his kitchen. When the kitchen experiments were more than just a hobby, he teamed up with his older brother Scott to bring Banza to life. They were discovered by CNBC’s Restaurant Startup show and launched with an early investment by Judge/Restaurant Joe Bastianich. Since its launch at the end of 2014, Banza Pasta has been recognized as one of TIME’s 25 Best Inventions in 2015, expanded to 5,000 stores across the country, and became the fastest growing pasta company in the U. Oh, S
Banza offers five shapes of chickpea pasta, a line of mac and cheese. Banza’s pasta looks, cooks and tastes like traditional pasta, yet has 25g protein and 40% less net carbs per serving.
“We are incredibly excited to partner with Banza, a unique, disruptive and high-growth brand that has quickly established itself as a leader in the pasta category,” said Larry Kahn, Partner and Managing Director at Beechwood Capital. “The company is in a position to take market share in the often-forgotten area of consumer goods—the dining table—and we see a significant opportunity to help accelerate the growth and development of the brand to help bring Banza to more consumers across the country. “That’s right.
Beechwood Capital has considerable experience investing in fast-growing consumer brands, including investments in WTRMLN WTR, Foodstirs, Tatcha and Miniluxe, among others. Beechwood Capital’s founders have deep entrepreneurial experience having founded and built The Holmes Group, with brands such as Crock-Pot, Rival and Bionaire, from start-up to $800 million in consumer products brand leader.
About the bank
Banza, founded in 2014 by the brothers Brian and Scott Rudolph, is committed to making nutritious food more accessible. Banza’s first product is a pasta made from chickpeas, with twice the protein, four times the fiber and 40% less net carbs than traditional pasta. Looking for a healthier version of his favorite food, Brian started making chickpea pasta by hand in his kitchen. Since its launch in 2014, Banza Pasta has been recognized as one of TIME’s 25 Best Inventions in 2015 and expanded to more than 5,000 stores across the country. Visit the eatbanza for more information about Banza. Come on,
Beechwood Capital
Beechwood Capital is investing in high growth, branded consumer products and specialty retail/restaurant concepts. Founded by former entrepreneurs and experienced operators, Beechwood is ideally positioned to invest in other powerful entrepreneurs. Beechwood focuses on investing in disruptive, differentiated enterprises that offer unique growth opportunities. Please visit www for more information. Beechwoodcaps Come on,
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