Doughlicious® Celebrates a Major Fundraise with Rich Products Ventures and The Angel Group
Doughlicious® Celebrates New Fundraising Milestone
In a remarkable turn of events, Doughlicious®, the innovative brand recognized for its healthier frozen treats, has successfully raised $5 million in funding. This significant investment comes from Rich Products Ventures (RPV), the corporate venture capital arm of the renowned global food company Rich Products, along with contributions from The Angel Group and existing investors. This announcement marks a pivotal moment for Doughlicious®, positioning them for accelerated growth in both U.S. and international markets.
Doughlicious® is celebrated for its artisanal frozen cookie dough-enrobed gelato bites, a product that combines indulgence with cleaner ingredients. The brand has gained traction in the market with distribution in major retailers such as Target, Whole Foods, Wegmans, and GoPuff. With this latest fundraising milestone, the brand is set to expand its reach and innovate within the frozen dessert category.
A Partnership Rooted in Expertise
CEO Kathryn Bricken expressed her enthusiasm regarding the partnership, stating, "This collaboration with Rich's and The Angel Group represents more than just financial investment; it symbolizes a strong confidence in Doughlicious® and our goal to redefine snacking indulgence. We are eager to harness their expertise to make our unique creations available to a broader audience."
Rich Products Ventures is known for its role in propelling food startups towards success, lending not only financial support but also a wealth of category knowledge and global distribution capabilities. Their managing partner, Dinsh Guzdar, echoed this sentiment by emphasizing their belief in innovative brands like Doughlicious® that cater to contemporary consumer desires for healthier, clean-label options without sacrificing flavor. He highlighted how Doughlicious® is well-positioned to lead a shift in the frozen convenience food space, offering smaller portion sizes and enjoyable taste.
Crafting a New Era of Frozen Treats
The recognition of the growing demand for better-for-you snacks has driven Doughlicious® to perfect their recipes. Their products are gluten-free and utilize natural ingredients, showcasing a clear commitment to health without compromising on taste. The various frozen gelato bites come in both mini and full sizes, expertly rolled in cookie crumb – perfect for today's health-conscious consumer.
Doughlicious® stands apart not only for its delicious offerings but also for its approach to sustainability and health. Produced in their London-based facility, all products are crafted with care, ensuring no artificial additives and avoiding refined sugars or bleached flour. As a proud female-founded business, Doughlicious® aims to empower its consumers through enjoyable and guilt-free snacking.
Looking Ahead
As Doughlicious® prepares for its next steps, the brand is not just focused on expanding its presence in supermarkets; they aim to transform the frozen dessert landscape. Through collaboration with Rich's and The Angel Group, Doughlicious® hopes to infuse innovation into their product lines, testing new concepts and flavors that resonate with consumers. With such a strong foundation and support network, the possibilities seem boundless.
This fundraising marks a new chapter for Doughlicious®, supporting their vision of becoming a leader in the frozen novelty market. As they continue to grow and innovate, all eyes will be on Doughlicious® to see how it delights consumers worldwide with its scrumptious offerings.
For more details about Doughlicious® and their product offerings, you can visit their website or follow their social media profiles for the latest updates and news.