Healthy Living Portfolio Highlights
We work with companies committed to transforming traditional food and beverage markets to capitalize on the massive shift in consumer behavior to living healthier lifestyles. All of our portfolio companies are category leaders and disruptors, and we’re excited to share a few of them with you here.
EXPLORE OTHER SECTORS:
Numi Organic Tea
What they do
Numi was founded in Oakland, California in 1999 and has since become a pioneering, quadruple-bottom-line company (people, planet, product, profit), Numi blends premium organic teas and herbs using 100% real ingredients, allowing nature to speak for itself. They source directly from fair labor gardens that guarantee a livable wage and better opportunities for farmers and their families. They also make ecologically responsible choices in sourcing, production, and recycled and non-GMO-origin packaging.
Why we partnered with them
We invested in Numi Organic because of their mission to share the transformative, healing power of tea with the world, while supporting their leadership in and commitment to reducing the companies impact on the planet.
Results
Numi was the overall winner for the 2019 B Corp “best for the world” award. In 2017, a 44% stake in Numi was acquired by The J.M. Smucker Co. (SJM).
Plum Organics
What they do
Plum Organics was founded by parents, for parents on the belief that adventurous eating of a wide variety of flavors—early and often—helps babies choose healthy foods later in life. They became a pioneer and leading provider of premium, nutritious, certified organic and non-GMO baby, toddler, and kid food products. They are known for being the first to introduce the squeezable pouch, a convenient, lightweight, BPA-free packaging solution.
Why we partnered with them
As the first investor in Plum Organics, we helped the founders execute on their mission to ensure healthy eating from the highchair to the lunchbox™.
Results
Plum Organics revolutionized the baby food category as the first brand to offer a complete line of organic products, quickly becoming number one in organic baby and kids nutrition. As a public benefit corporation, they exist to both make a profit and serve a greater societal purpose. In 2013, they were acquired by Campbell Soup Co. (CBP).
Revolution Foods
What they do
Revolution Foods expanded from transforming the way it feeds students across the nation to transforming citywide wellness by making healthy, great-tasting food accessible to all. Now, in addition to supporting students and their families, Revolution Foods provides snacks and meals to food banks, senior and community feeding centers, and homeless shelters—in 23 states. In response to COVID-19, they expanded their focus to closing the healthy food gap in underserved communities.
Why we partnered with them
We invested in Revolution Foods because of its vision and passion to ignite a healthy food revolution, starting with providing equal access to healthy food for all school children.
Results
As a Certified B Corporation, Revolution Foods is setting the national standard for school nutrition with clean, high-quality ingredients and culturally relevant meals. Since its inception, they have designed and produced 470 million meals for communities nationwide. They serve an average of 2 million meals and snacks weekly and have 2,500 school, city, and customer sites, in 564 cities and towns.
Seventh Generation
What they do
Established in 1988, in Burlington, Vermont, Seventh Generation is a pioneer in corporate responsibility and sustainable product innovations. Today, they’re one of the leading US brands of eco-friendly household and beauty & personal care products, using renewable, non-toxic, phosphate-free, and biodegradable ingredients whenever possible.
Why we partnered with them
We were the first major institutional investor in Seventh Generation. We backed the company because we believe that it is the strongest brand in the sustainability movement and because of their authentic mission to transform the world into a healthy, sustainable, and equitable place for the next seven generations.
Results
Seventh Generation has Safer Choice certification for 29 products, and received U.S. EPA Safer Choice Partner of the Year Award four times. They’ve recently achieved 98% Zero Waste packaging and has a 2025 target of 100% reusable, recyclable, or biodegradable packaging materials. The company was successfully acquired by Unilever (UL) in 2017.