Alumni Ventures

Alumni Ventures Group, LLC is a venture capital firm based in Manchester, New Hampshire, founded in 2013. The firm specializes in seed and early-stage investments, as well as late-stage pre-IPO opportunities, with a flexible approach that is sector and geographic agnostic. Alumni Ventures aims to provide high-quality, diversified venture portfolios to individual investors, particularly accredited alumni from top entrepreneurial schools, who may not have had access to venture capital previously. The firm focuses on backing companies that have an alumni connection and are led by established institutional investors with expertise in their respective fields. Additionally, Alumni Ventures offers focused funds that enable accredited investors to access a diverse portfolio of investments across various types, sectors, stages, and geographies.

Rob Adams

Executive Partner

Andrew Baum

Vice President, Treasury and Capital Management

Ali Byrd

Investor Advisory Council Member

Marco A. Casas

Senior Investment Principal, Basecamp Fund

Helen Chen

CEO Services Analyst

Cainon Coates

Managing Partner

Michael Collins

Co-Founder, CEO and Board Chairman

Mason Hale

Senior Associate, Chestnut Street and Triphammer

Michael Madden

Co-Founder and Investment Professionals

Tom Meyer

Managing Partner, Nassau Street

Wayne Moore

Partner

David Muson

CFO

Saad Shaheen

Director

Justin Strausbaugh

Managing Partner, Lakeshore

Edward Tsai

Managing Partner

Brittney Wade

Senior Associate, Seed Fund and Doctors Innovate Fund

Drew Wandzilak

Senior Associate, Green D and Yard and Strategic Tech Fund

Sarah Worden

Venture Scout

Michael Yuann

Director of Investment Operations

Past deals in FMCG

Kudos

Seed Round in 2024
Kudos is a Boston-based company that specializes in manufacturing natural disposable diapers for babies. Founded in 2019 by Amrita Saigal, the company produces diapers with cotton liners and utilizes biobased, plant-based renewable materials, ensuring that the products are chemical-free and suitable for babies' sensitive skin. By focusing on sustainability and the health of infants, Kudos provides parents with eco-friendly diaper options that prioritize both performance and safety.

Provenance

Venture Round in 2024
Provenance is a technology company that specializes in promoting sustainability and transparency in the consumer goods industry. It operates a platform that validates and communicates the sustainability credentials of consumer packaged goods (CPG) brands, enabling consumers to make informed, eco-friendly purchasing decisions. The platform tracks products from their origin to the point of sale, providing real-time, verifiable data that enhances brand trust and sales. Over 200 leading CPG businesses, including Cult Beauty, The Ordinary, and Shiseido, use Provenance to showcase their sustainability efforts. As a mission-driven, independent B Corp, Provenance aims to empower consumers to make choices that positively impact both people and the planet.

Maad

Seed Round in 2024
Maad is a leading B2B marketplace based in Dakar, Senegal, focused on serving small retailers and Fast-Moving Consumer Goods (FMCG) brands in Francophone Africa. The company offers a technology-driven platform that allows retailers to efficiently order products from a centralized source. Maad enhances the purchasing experience by providing services such as mobile ordering, reliable delivery, and access to data on real-time product availability and market share. Additionally, the platform offers targeted promotional services and working capital loans, empowering businesses to strengthen their sales and operational capabilities. Through its innovative approach, Maad is positioned as a vital player in the region's e-commerce landscape.

Gooder Foods

Series A in 2023
Gooder Foods is a manufacturer of processed food products. The company offers veggie-boosted, protein-packed, mac and cheese, helping customers have healthy options in packaged food products.

Gooder Foods

Seed Round in 2023
Gooder Foods is a manufacturer of processed food products. The company offers veggie-boosted, protein-packed, mac and cheese, helping customers have healthy options in packaged food products.

Agreable

Series C in 2023
Agreable is a brand commerce startup that manufactures and distributes lifestyle products.

Maad

Pre Seed Round in 2021
Maad is a leading B2B marketplace based in Dakar, Senegal, focused on serving small retailers and Fast-Moving Consumer Goods (FMCG) brands in Francophone Africa. The company offers a technology-driven platform that allows retailers to efficiently order products from a centralized source. Maad enhances the purchasing experience by providing services such as mobile ordering, reliable delivery, and access to data on real-time product availability and market share. Additionally, the platform offers targeted promotional services and working capital loans, empowering businesses to strengthen their sales and operational capabilities. Through its innovative approach, Maad is positioned as a vital player in the region's e-commerce landscape.

Gooder Foods

Seed Round in 2021
Gooder Foods is a manufacturer of processed food products. The company offers veggie-boosted, protein-packed, mac and cheese, helping customers have healthy options in packaged food products.

Prima

Seed Round in 2021
Prima is a science-driven wellness brand focused on whole body health, offering a range of plant-based skincare, body care, and supplements that incorporate organic hemp CBD and functional botanicals. The company's mission is to address stress and other health issues at their source using clinically validated ingredients. Prima is committed to sustainability and transparency, as evidenced by its certifications as a Climate Neutral and Plastic Neutral company, in addition to being a certified B Corp. Headquartered in Santa Monica, California, Prima operates as a privately held Public Benefit Corporation, emphasizing the integration of science and nature in its products while promoting education and social impact in the wellness sector.

Longève Brands

Seed Round in 2021
Longève Brands is a line of shelf-stable, pea protein products for those who like to cook.

Thistle

Series B in 2021
Thistle, established in 2013 and headquartered in San Francisco, specializes in delivering ready-to-eat, plant-based meals, snacks, and cold-pressed juices directly to customers. Its offerings are nutritious, gourmet, and sourced locally and organically, making healthy eating convenient and accessible.

Zero Grocery

Seed Round in 2020
Zero Grocery Inc., established in 2019 and headquartered in Redwood City, California, operates as an online retailer specializing in grocery products. The company offers a subscription-based delivery service with a focus on sustainability. All goods are delivered in reusable packaging to eliminate single-use plastics from the food system, aligning with their mission to promote zero-waste practices.

Fresh Bowl

Seed Round in 2019
Fresh Bowl, Inc. is a sustainable food brand headquartered in New York, New York, that specializes in providing fresh, on-the-go meals through innovative vending machines. Founded in 2017, the company offers a variety of products, including salads, dry fruit bowls, snacks, and signature smoothie bowls, all prepared daily. Fresh Bowl's vending machines distinguish themselves by utilizing zero-waste glass jars for packaging, allowing customers to enjoy healthy options while minimizing environmental impact. This model not only facilitates convenient access to fresh food but also promotes sustainable practices by reducing packaging waste.

Motif

Series A in 2019
Motif FoodWorks, Inc. is a bio-organism engineering company based in Boston, Massachusetts, that specializes in developing innovative food ingredients. The company focuses on producing animal-free proteins, including meat alternatives and dairy-free proteins, catering to the growing demand for plant-based food solutions. By utilizing fermentation technology, Motif creates essential proteins and nutrients that enhance both nutrition and flavor in food products. The company collaborates with chefs, health experts, and food innovators to develop new ingredient solutions aimed at transforming the food industry and promoting sustainability. Established in 2018 and originally known as Motif Ingredients, Motif FoodWorks rebranded in 2019 to reflect its commitment to advancing the next generation of healthy and plant-based foods.

Busy

Venture Round in 2019
Busy Co. is a personal care products company that offers an innovative line of zero-waste wipes designed for women's convenience. The company specializes in a range of products, including body, face, and deodorant wipes, all made from upcycled, unbleached cotton that biodegrades quickly and provides skincare benefits through high-quality cosmetic ingredients. Busy Co. is notable for its commitment to sustainability, featuring first-of-its-kind recyclable packaging. The compact design of its products allows them to fit easily into purses, gym bags, and suitcases, making personal care accessible on the go. The brand has gained recognition in various media outlets, including Business Insider, Forbes, and BuzzFeed, highlighting its unique approach to personal care.

GrubMarket

Series C in 2019
GrubMarket, Inc. is an online marketplace that connects sellers with customers by offering a wide range of food and related products at wholesale prices. Founded in 2014 and based in San Francisco, California, GrubMarket specializes in organic, vegan, gluten-free items, fresh produce, snacks, beverages, pantry staples, home goods, health and beauty products, and items for pets and children. The company sources food from local farms, fisheries, commercial kitchens, and restaurants, emphasizing quality and sustainability. In addition to its marketplace, GrubMarket provides a Software-as-a-Service platform designed for food delivery services and also features a gaming application called GrubMarket FarmBox. As a significant player in the B2B eCommerce sector of the American food supply chain, GrubMarket leverages artificial intelligence to enhance its services and operations.

Freshly

Series C in 2017
Freshly, Inc. is an online provider of freshly prepared meals, specializing in gourmet ready-made options designed for health-conscious consumers. Founded in 2012 and based in New York, the company offers a subscription service that delivers meals directly to customers' doors on a weekly or monthly basis. The menu includes a variety of entrees and breakfasts, featuring high-quality, all-natural ingredients that are gluten-free, high in protein, and low in carbohydrates. Freshly's meals are crafted by experienced chefs, emphasizing health and wellness while adhering to paleo principles. The company aims to simplify healthy eating and support fitness goals by providing convenient, chef-cooked meals that require minimal preparation. Freshly operates as a subsidiary of Nestlé USA, Inc. since late 2020.

Klymit

Venture Round in 2014
Klymit offers products for the ultimate outdoor sleep experience.
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