Healthy Snack, Anyone?
Knoxville, TN; February 4, 2024 – Marble City Angels and Music City Angels, part of the Community Equity Partners network of angel groups and venture funds, have invested in the Series A round for Daily Crunch, Inc. (https://www.dailycrunchsnacks.com/).
"Everyone loves snack nuts and healthy eating has become a national craze,” said Eric Dobson, the Managing Partner of Community Equity Partners (CEP). According to Dobson, Daily Crunch has a unique crunch and exciting flavors that make it once of the fastest growing snack brands on the market.
“We typically invest in technology companies, but Daily Crunch was very compelling,” declared Dobson, noting that this is the type of venture CEP seeks: great founding leadership, great brand, and a scalable business model. “The company has made important commercial strides since we invested,” said Dobson.
Daily Crunch creates almonds from a soaking process they discovered in India that “delivers snacks that taste as good as they make you feel”. They are vegan friendly, keto friend, regarded as a super food, and all the ingredients are sources from sustainable vendors.
Helping a local company like Daily Crunch meet its growth aspirations is the reason CEP exists. Innovation has moved off the coasts to the heartland. People work where they want to live—not the other way around. We are witnessing a resurgence of the economically sustainable community and American dream.
ABOUT COMMUNITY EQUITY PARTNERS:
Community Equity Partners (CEP) is a syndicate of angel groups and funds between Knoxville and Nashville with plans to expand to three additional markets in 2024. The Network brings angel investors and entrepreneurs together in an environment that celebrates innovation, rewards strategic risk-taking, and promotes performance. CEP is the combination of two angel networks across the Midwest and Southeast and enjoys a 17-year history and has invested approximately $13M in 56 companies across a variety of market sectors. The portfolio has created hundreds of jobs and over a hundred million dollars in follow-on capital investments by other groups and funds. CEP has an established track record investing in technology companies in the US “Heartland” enjoying six exits from 2 – 6x in the last four years. To learn more about CEP visit https://www.communityequitypartners.co.