Cleveland Avenue

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.

Matthew Wellington Burns

Senior Associate, Investments

Fernando Carranza

Venture Investor

Harry Coaxum

Managing Partner, Operations

Walker Cullinan

Analyst

Ellen Federbush

Project Manager, Office of the CEO

Keith Kravcik

Chief Investment Officer

Mingu Lee

Managing Partner

Randall Lewis

Managing Partner

Jason Mercer

Principal

Fabian Gosselin

Investor

Veronica Pierce

Director of Strategic Partnerships

Ryan Tlusty

CFO

Robert Wietecki

Senior Associate, Investments

Taylor Williams

Venture Investor

Don Thompson

CEO and Founder

Past deals in Nutrition

Hero Bread

Series B in 2024
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.

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.

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.

Nuritas

Series B in 2021
Nuritas is revolutionising the discovery of novel, natural and scientifically proven active ingredients that can manage and improve human health. The company’s disruptive computational approach to discovery uses artificial intelligence and genomics to, for the first time ever, rapidly and efficiently predict and then provide access to the most health-benefiting components hidden within food, called bioactive peptides.

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.

Drink Simple

Venture Round in 2017
Drink Simple specializes in the production of packaged maple water, a natural beverage derived from the sap of maple trees. This sap, often mistaken for sticky syrup, is actually a clear liquid that undergoes a natural process, allowing it to retain essential nutrients. Harvested in early spring, the water is rich in naturally occurring electrolytes and prebiotics, providing a refreshing and hydrating option for consumers. Drink Simple's products are organic, free from added sugars, and cater to various dietary preferences, including being GMO, gluten, and dairy-free. By offering a unique, tree-based hydration solution, the company aims to promote health and wellness among its customers.

Drink Simple

Venture Round in 2015
Drink Simple specializes in the production of packaged maple water, a natural beverage derived from the sap of maple trees. This sap, often mistaken for sticky syrup, is actually a clear liquid that undergoes a natural process, allowing it to retain essential nutrients. Harvested in early spring, the water is rich in naturally occurring electrolytes and prebiotics, providing a refreshing and hydrating option for consumers. Drink Simple's products are organic, free from added sugars, and cater to various dietary preferences, including being GMO, gluten, and dairy-free. By offering a unique, tree-based hydration solution, the company aims to promote health and wellness among its customers.
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