SkinnyDipped, the snack manufacturer, secured $12 million in a Series A funding round, with backing from several prominent figures in the world of sports and entertainment.
Established by the mother-daughter team of Val and Breezy Griffith, SkinnyDipped specializes in a range of lightly coated cashews, almonds, peanuts, and low-sugar chocolate treats available in over 25,000 stores across the United States, including major retailers like Target, Walmart, and Kroger. The secured funding will be allocated towards ongoing retail expansion efforts, including upcoming launches in stores like Costco and Publix, as well as advancing new product development initiatives.
“Our journey to this milestone has been challenging, energizing and full of passion from all involved,” said Breezy Griffith, chief executive officer. “But the real gift has been my discovery of just how much consumer, industry and investor sentiment exists for SkinnyDipped, for which I’m so grateful and proud. Our eclectic and diverse portfolio of investors blows my mind — from A-list artists to uber-athletes — there’s just this crazy love for the brand across the board.”
The Series A funding round was spearheaded by David Grutman, a hospitality entrepreneur based in Miami. It saw substantial participation from numerous individual investors, including notable figures such as Amy Schumer, Mark Wahlberg, Becky G, Post Malone, Tan France, Odell Beckham Jr., Frances Tiafoe, Alesso, Kevin Durant, Kaskade, Steve Aoki, Marshmello, Sebastian Ingrosso, Shep Gordon, Mack Maine, Bruno Soares, Rebeca León, Two Friends, Isabela Grutman, Ryan Tedder, Loren Ridinger, Sal XO, Joel McHale, Gary Brecka, Charissa Davidovici, Guy Oseary, Rich Kleinman, Mo Shalizi, Zepito, and many others.
“I am really impressed by what Breezy and Val and the SkinnyDipped team have achieved,” said Mr. Grutman, an owner and partner in several restaurants and nightclubs. “What they’ve created is amazing. They make the best snacks ever, first of all, and they continue to impress me with all sides of the business. I’m excited to lead this round, and I’m even more excited for what these investors and I are about to do together.”