Siete Family Foods Raises $90 Million in Series C Funding Led By Mondelēz International

Siete Family Foods, a leading producer of grain-free and paleo-friendly foods, has announced that it has raised $90 million in a Series C funding round led by Mondelēz International, the global snacking powerhouse behind brands like Oreo, Cadbury, and Triscuit.

The funding will be used to accelerate Siete Family Foods' growth and expand its product offerings, including its popular grain-free tortillas, chips, and sauces.

This investment is a testament to the growing demand for healthier and more sustainable food options. Siete Family Foods has been at the forefront of this trend, offering a range of products that are not only delicious but also meet the dietary needs of people with celiac disease, gluten intolerance, and other dietary restrictions.

Siete Family Foods was founded in 2010 by Veronica Garza and Veronica Garza, who were inspired to create a healthier version of their favorite Mexican dishes. The company's products are now available in over 30,000 stores nationwide, including Whole Foods Market, Kroger, and Target.

In addition to its retail presence, Siete Family Foods also operates a successful e-commerce business. The company's online sales have grown significantly in recent years, as more and more consumers are turning to online shopping for their grocery needs.

The Series C funding round was led by Mondelēz International, a global snacking powerhouse with a portfolio of iconic brands. Mondelēz International's investment is a major validation of Siete Family Foods' growth potential and its mission to make healthier and more sustainable food options available to everyone.

Siete Family Foods plans to use the funding to accelerate its growth and expand its product offerings. The company plans to launch new products in the coming months, including a line of frozen entrees and a variety of snacks.

Siete Family Foods is also committed to sustainability. The company's products are made with organic and non-GMO ingredients, and the company is working to reduce its environmental footprint.

The investment from Mondelēz International is a major milestone for Siete Family Foods. The funding will allow the company to accelerate its growth and expand its product offerings, bringing its delicious and healthy grain-free foods to even more people.