Episode #3: Daily Crunch
Daily Crunch makes nutrient-dense nut snacks with elevated flavors like Nashville Hot, Cacao & Sea Salt, and Dill Pickle.
‘Uniquely crunchy snacks that taste as good as they make you feel.’
Try for 50% off here. Code ‘DCPAPERBOY50’
What Stands Out
Delicious products. Unique positioning. Strong traction & potential. Experienced team. Proprietary manufacturing & science.
The big differentiator?
Daily Crunch uses sprouted nuts in their products.
This is key for two reasons: (1) nutritional content and (2) crunch factor.
According to a recent 3rd-party lab study, sprouted almonds are +19% higher in protein and +46% higher in fiber vs. raw almonds. The sprouting process is also what’s responsible for the signature crunch of the product.
Fascinating stuff.
But I’m not the only one taking notice…
Traction
Sales have grown at a rapid pace over the past 3 years:
-> 2021: $795k
-> 2022: $1.9m
-> 2023: $2.65m
Daily Crunch has accomplished this by building relationships with strategic retailers across the US like Thrive Market, CVS, Erewhon, and Wegmans.
The growth is likely to continue with expansion plans approved in the above chains and additional partners coming onboard including Sprouts, Target, and Fresh Thyme Market.
2024 sales are projected to more than double to $5.5m.
The Raise
Daily Crunch is raising Series A funding of up to $4m on a $13m pre-money valuation. The lead investor is secured and will invest up to $2m in total. $1.4m is remaining in the round.
Minimum investment = $25k. Expected to close by the end of March.
Key Links
Daily Crunch Pitchdeck
Contact the founders re: investment
50% off products with code ‘DCPAPERBOY50’
Interview on Spotify
Disclaimer: Not investment advice. I’m just the paperboy.