Magic Spoon

About

Magic Spoon is a food company that provides childlike, low-carbohydrate cereal foods for adult customers.

Brooklyn,New York,United States
51 - 100
https://magicspoon.com/

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $106.32M
Industries: Food and Beverage,Food Processing,Sales,Snack Food
Founded date: Jan 1, 2019
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Magic Spoon Inc.

Magic Spoon is a food company that provides childlike, low-carbohydrate cereal foods for adult customers. The cereal is keto-friendly and non-GMO and free from gluten, grain, wheat, soy, and artificial sweeteners. It gets its taste from allulose, a natural sweetener found in figs and maple syrup that has zero glycemic impact.

The company was established in 2019 and has its main office in Brooklyn, New York.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$120.82M

Magic Spoon has raised a total of $120.82M in funding over 2 rounds. Their latest funding was raised on Jun 13, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 13, 2022	Series B	$106.32M	13	HighPost Capital	—	Detail
Nov 17, 2020	Series Unknown	$8.99M	3	—	—	Detail
Sep 12, 2019	Seed	$5.50M	20	Lightspeed Venture Partners	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

34

Magic Spoon is funded by 34 investors. HighPost Capital and Lightspeed Venture Partners are the most recent investors.

Investor Name	Lead Investor	Funding Round
HighPost Capital	Yes	Series B
Lightspeed Venture Partners	Yes	Seed
Amy Schumer	—	Series B
Ashley Frangipane	—	Series B
Capital Constellation	—	Series B
Carter Comstock	—	Series B
Coefficient Capital	—	Series B
Nasir Jones	—	Series B
Nick Jonas	—	Series B
Odell Beckham Jr.	—	Series B