Cleveland Avenue is a venture capital investment firm established in 2015 and based in Chicago, Illinois. The firm specializes in investing in a range of sectors, including food and beverage companies, lifestyle consumer brands, agricultural technology, and technology firms. As a registered investment adviser, Cleveland Avenue focuses on seed-stage, early-stage, later-stage, and growth-stage opportunities, aiming to support innovative companies that align with its strategic interests.
Hero Bread is a food product company that specializes in providing nutritious foods. The company is headquartered in San Francisco, USA.
Better Foods
Seed Round in 2023
Better Foods is a food company focused on promoting alternative food products. It specializes in offering plant-based alternatives to meat and dairy, including items such as plant-based milk, cheese, and sauces. The company aims to provide consumers with authentic flavors and textures reminiscent of traditional meat and dairy, while addressing concerns about food additives. Through its innovative products, Better Foods caters to the growing demand for healthier and more sustainable food options.
Iya Foods
Seed Round in 2023
Iya Foods is an African-inspired food business that emphasizes nourishment and exceptional flavor. The company offers a diverse range of products, including authentic African sauces, spices, savory simmer sauces, gluten-free flours, and dried hibiscus flowers and petals. Committed to health and quality, Iya Foods ensures that all its offerings are free from MSG, gluten, preservatives, and other harmful artificial ingredients. By providing nutritious foods and sustainable ingredients, Iya Foods aims to enrich the culinary experiences of its customers while staying true to its cultural roots.
Hero Bread
Series B in 2023
Hero Bread is a food product company that specializes in providing nutritious foods. The company is headquartered in San Francisco, USA.
Somrus
Series C in 2023
SomruS is a producer of cream liqueurs that combines distilled rum, dairy cream, and natural flavors to create a variety of unique beverages. The company's product lineup includes flavors such as bourbon chai, raspberry mango cooler, urban bourbon lift, iced dirty chai latte, mango fizz, chairish toast, mango bean, and mango colada. SomruS aims to deliver rich and flavorful liqueurs crafted from natural recipes, allowing consumers to enjoy their favorite drinks at affordable prices while promoting a sense of indulgence and enjoyment.
NotCo
Series D in 2022
NotCo is a food technology company based in Macul, Chile, founded in 2015. The company specializes in producing plant-based alternatives to traditional animal products, including mayonnaise, milk, yogurt, dressings, and desserts. By leveraging artificial intelligence, NotCo recreates the taste, texture, color, and aroma of animal-based products using ingredients such as pineapple, coconut, cabbage, peas, bamboo, beets, chickpeas, and seeds. This innovative approach not only provides consumers with plant-based options but also offers manufacturers a new source of fiber, calcium, and protein derived from vegetables. NotCo distributes its products through retailers in Chile, aiming to transform food systems and promote sustainable consumption.
Partake Foods
Series B in 2022
Partake Foods, Inc. is a food company that specializes in producing and selling allergy-friendly snacks, particularly cookies. The company offers a range of products that are nut-free, gluten-free, vegan, and made without genetically modified organisms. Its cookie varieties include sprouted grain chocolate chip, double chocolate chip, sweet potato millet, carrot oat, and birthday cake mini cookies, catering to health-conscious consumers and those with dietary restrictions. Partake Foods markets its products online, making them accessible to a broader audience. Founded in 2016 and originally known as Vivis Life, LLC, the company is headquartered in Jersey City, New Jersey.
Farmer's Fridge
Series E in 2022
Farmer’s Fridge operates automated smart fridges that provide a variety of fresh meals, including salads, bowls, and snacks. Founded in 2013 and based in Chicago, Illinois, the company aims to make healthy eating accessible and convenient. Its fridges are equipped with technology that allows for real-time demand monitoring, ensuring that customers receive fresh, chef-curated meals quickly. Additionally, unsold items from the fridges are donated to local food pantries, supporting community members in need with responsibly sourced nutrition. This approach reflects the founder's commitment to addressing the lack of healthy, affordable food options for individuals on the go.
Somrus
Convertible Note in 2022
SomruS is a producer of cream liqueurs that combines distilled rum, dairy cream, and natural flavors to create a variety of unique beverages. The company's product lineup includes flavors such as bourbon chai, raspberry mango cooler, urban bourbon lift, iced dirty chai latte, mango fizz, chairish toast, mango bean, and mango colada. SomruS aims to deliver rich and flavorful liqueurs crafted from natural recipes, allowing consumers to enjoy their favorite drinks at affordable prices while promoting a sense of indulgence and enjoyment.
Somrus
Series C in 2022
SomruS is a producer of cream liqueurs that combines distilled rum, dairy cream, and natural flavors to create a variety of unique beverages. The company's product lineup includes flavors such as bourbon chai, raspberry mango cooler, urban bourbon lift, iced dirty chai latte, mango fizz, chairish toast, mango bean, and mango colada. SomruS aims to deliver rich and flavorful liqueurs crafted from natural recipes, allowing consumers to enjoy their favorite drinks at affordable prices while promoting a sense of indulgence and enjoyment.
AYO Foods
Convertible Note in 2022
AYO Foods is a premium meal solutions brand that offers a line of authentic West-African inspired cuisine. The company specializes in traditional frozen foods, including a variety of ready-to-serve packed meals and shelf-stable sauces. AYO Foods incorporates unique flavors and ingredients, such as egusi melon seeds, cassava, and sorghum leaves, to deliver an authentic and traditional menu. Their products aim to create mealtime opportunities for consumers, making it possible to enjoy West-African cuisine conveniently and at any time.
Hero Bread
Series A in 2021
Hero Bread is a food product company that specializes in providing nutritious foods. The company is headquartered in San Francisco, USA.
Farmer's Fridge
Series D in 2021
Farmer’s Fridge operates automated smart fridges that provide a variety of fresh meals, including salads, bowls, and snacks. Founded in 2013 and based in Chicago, Illinois, the company aims to make healthy eating accessible and convenient. Its fridges are equipped with technology that allows for real-time demand monitoring, ensuring that customers receive fresh, chef-curated meals quickly. Additionally, unsold items from the fridges are donated to local food pantries, supporting community members in need with responsibly sourced nutrition. This approach reflects the founder's commitment to addressing the lack of healthy, affordable food options for individuals on the go.
Farmer's Fridge
Series D in 2020
Farmer’s Fridge operates automated smart fridges that provide a variety of fresh meals, including salads, bowls, and snacks. Founded in 2013 and based in Chicago, Illinois, the company aims to make healthy eating accessible and convenient. Its fridges are equipped with technology that allows for real-time demand monitoring, ensuring that customers receive fresh, chef-curated meals quickly. Additionally, unsold items from the fridges are donated to local food pantries, supporting community members in need with responsibly sourced nutrition. This approach reflects the founder's commitment to addressing the lack of healthy, affordable food options for individuals on the go.
GOOD PLANeT Foods
Series A in 2020
Good PLANeT Foods LLC, established in 2017 and headquartered in Bellevue, Washington, specializes in premium plant-based cheese products. The company offers a range of non-dairy cheese options, including shreds and slices in flavors such as mozzarella, smoked mozzarella, parmesan, cheddar, smoked provolone, garlic and herb, and hot pepper. By providing these alternatives, Good PLANeT Foods aims to deliver the taste and experience of traditional dairy cheese while promoting health, animal welfare, and environmental sustainability.
Somrus
Convertible Note in 2020
SomruS is a producer of cream liqueurs that combines distilled rum, dairy cream, and natural flavors to create a variety of unique beverages. The company's product lineup includes flavors such as bourbon chai, raspberry mango cooler, urban bourbon lift, iced dirty chai latte, mango fizz, chairish toast, mango bean, and mango colada. SomruS aims to deliver rich and flavorful liqueurs crafted from natural recipes, allowing consumers to enjoy their favorite drinks at affordable prices while promoting a sense of indulgence and enjoyment.
Farmer's Fridge
Convertible Note in 2019
Farmer’s Fridge operates automated smart fridges that provide a variety of fresh meals, including salads, bowls, and snacks. Founded in 2013 and based in Chicago, Illinois, the company aims to make healthy eating accessible and convenient. Its fridges are equipped with technology that allows for real-time demand monitoring, ensuring that customers receive fresh, chef-curated meals quickly. Additionally, unsold items from the fridges are donated to local food pantries, supporting community members in need with responsibly sourced nutrition. This approach reflects the founder's commitment to addressing the lack of healthy, affordable food options for individuals on the go.
Farmer's Fridge
Convertible Note in 2018
Farmer’s Fridge operates automated smart fridges that provide a variety of fresh meals, including salads, bowls, and snacks. Founded in 2013 and based in Chicago, Illinois, the company aims to make healthy eating accessible and convenient. Its fridges are equipped with technology that allows for real-time demand monitoring, ensuring that customers receive fresh, chef-curated meals quickly. Additionally, unsold items from the fridges are donated to local food pantries, supporting community members in need with responsibly sourced nutrition. This approach reflects the founder's commitment to addressing the lack of healthy, affordable food options for individuals on the go.
Farmer's Fridge
Series C in 2018
Farmer’s Fridge operates automated smart fridges that provide a variety of fresh meals, including salads, bowls, and snacks. Founded in 2013 and based in Chicago, Illinois, the company aims to make healthy eating accessible and convenient. Its fridges are equipped with technology that allows for real-time demand monitoring, ensuring that customers receive fresh, chef-curated meals quickly. Additionally, unsold items from the fridges are donated to local food pantries, supporting community members in need with responsibly sourced nutrition. This approach reflects the founder's commitment to addressing the lack of healthy, affordable food options for individuals on the go.
Somrus
Series B in 2018
SomruS is a producer of cream liqueurs that combines distilled rum, dairy cream, and natural flavors to create a variety of unique beverages. The company's product lineup includes flavors such as bourbon chai, raspberry mango cooler, urban bourbon lift, iced dirty chai latte, mango fizz, chairish toast, mango bean, and mango colada. SomruS aims to deliver rich and flavorful liqueurs crafted from natural recipes, allowing consumers to enjoy their favorite drinks at affordable prices while promoting a sense of indulgence and enjoyment.
Farmwise Foods
Venture Round in 2018
Farmwise Foods is a privately held company with a mission of developing healthier alternatives to some of America's favorite foods without compromising on taste.
Somrus
Venture Round in 2017
SomruS is a producer of cream liqueurs that combines distilled rum, dairy cream, and natural flavors to create a variety of unique beverages. The company's product lineup includes flavors such as bourbon chai, raspberry mango cooler, urban bourbon lift, iced dirty chai latte, mango fizz, chairish toast, mango bean, and mango colada. SomruS aims to deliver rich and flavorful liqueurs crafted from natural recipes, allowing consumers to enjoy their favorite drinks at affordable prices while promoting a sense of indulgence and enjoyment.
Farmer's Fridge
Series B in 2017
Farmer’s Fridge operates automated smart fridges that provide a variety of fresh meals, including salads, bowls, and snacks. Founded in 2013 and based in Chicago, Illinois, the company aims to make healthy eating accessible and convenient. Its fridges are equipped with technology that allows for real-time demand monitoring, ensuring that customers receive fresh, chef-curated meals quickly. Additionally, unsold items from the fridges are donated to local food pantries, supporting community members in need with responsibly sourced nutrition. This approach reflects the founder's commitment to addressing the lack of healthy, affordable food options for individuals on the go.
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