BFG Partners

BFG Partners, founded in 2014 and located in Boulder, Colorado, is a venture capital firm that specializes in investing in early-stage companies, primarily within the food and beverage sector, as well as personal care, home goods, dietary supplements, and software services. The firm focuses on partnering with passionate entrepreneurs who possess exceptional products and distinctive brands, aiming to facilitate sustainable growth and competitive advantage. BFG not only provides capital to its portfolio companies but also offers strategic guidance in areas such as operational strategy, marketing, channel development, organizational design, and capital planning. Through these partnerships, BFG seeks to help businesses make informed decisions and seize opportunities for success.

Rajesh Babu

Partner

Elizabeth Earle

Vice President

Meg Legro

Analyst

Dayton Miller

Managing Partner

Tom Spier

Founder and Managing Partner

Past deals in Beverages

Mud\Wtr

Series A in 2021
MUD\WTR is an amalgam of organic, earth-grown ingredients lauded by cultures old and young around the world for their health and performance benefits.

Mid-Day Squares

Series B in 2021
Producer of chocolate nutrition bars intended to offer healthy snacking alternatives. The company manufactures a range of protein bars that are made out of real chocolate and are packed with protein, fiber, and organic sugar and raw, vegan, gluten-free, and organic ingredients, enabling consumers to stay fit and healthily satisfy their mid-meal hunger.

Fat Snax

Series A in 2020
Fat Snax provides low-carb snacks and desserts to customers since 2017. It offers four flavors of their soft-baked cookies, along with Brownie Bites and Blondie Bites. The products can be found at FatSnax.com.

Olipop

Series A in 2020
Olipop, Inc. is a manufacturer of digestive health beverages, founded in 2017 and based in Oakland, California. The company produces sparkling tonics designed to promote digestive health, utilizing natural fibers, prebiotics, and botanical extracts. Olipop's product range includes a variety of flavors such as strawberry, vanilla, cinnamon, cola, and lemon, catering to consumer taste preferences while providing health benefits. The beverages are clinically backed and aim to support the microbiome, digestive function, and metabolic health, offering an appealing alternative to traditional soda.

Bobo’s Oat Bars

Series B in 2019
On a rainy afternoon in 2003, Beryl Stafford and her daughter “Bobo” baked oat bars that soon became a Boulder, CO cafe favorite. This humble oat bar has since captivated loyal fans nationwide, with no compromise to the original recipe, small-batch baking process, or mother-daughter tradition.

Olipop

Seed Round in 2019
Olipop, Inc. is a manufacturer of digestive health beverages, founded in 2017 and based in Oakland, California. The company produces sparkling tonics designed to promote digestive health, utilizing natural fibers, prebiotics, and botanical extracts. Olipop's product range includes a variety of flavors such as strawberry, vanilla, cinnamon, cola, and lemon, catering to consumer taste preferences while providing health benefits. The beverages are clinically backed and aim to support the microbiome, digestive function, and metabolic health, offering an appealing alternative to traditional soda.

Mid-Day Squares

Series A in 2019
Producer of chocolate nutrition bars intended to offer healthy snacking alternatives. The company manufactures a range of protein bars that are made out of real chocolate and are packed with protein, fiber, and organic sugar and raw, vegan, gluten-free, and organic ingredients, enabling consumers to stay fit and healthily satisfy their mid-meal hunger.

Barnana

Venture Round in 2017
Barnana, PBC specializes in producing and marketing organic banana snacks, emphasizing health and sustainability. Founded in 2010 and based in Santa Monica, California, the company offers a range of products that include Original, Chocolate, Coconut, and Peanut Butter Organic Banana Bites, which are sold in retail stores across the United States and online. Barnana's snacks are gluten-free, made from sustainably sourced bananas, and contain no additives or preservatives, highlighting their naturally sweet flavor. The company promotes the upcycling of bananas that would otherwise go to waste, contributing to the reduction of food waste and the carbon footprint associated with banana cultivation. In addition to snacks, Barnana also sells branded merchandise, including caps, flip-flops, and t-shirts.

Good Day Chocolate

Seed Round in 2015
Good Day Chocolate specializes in producing supplement-enriched chocolates aimed at young working adults. Their products feature a melt-proof candy coating that allows for easy measurement of active ingredients, providing consumers with both control and convenience. The chocolate offerings include varieties such as Energy, a darker chocolate infused with caffeine equivalent to half a cup of regular coffee, along with vitamins and minerals for an effective energy boost. Another variety, Calm, is a milk chocolate that incorporates amino acids and botanicals designed to alleviate tension without causing drowsiness. By combining premium chocolate with beneficial ingredients, Good Day Chocolate delivers a delicious and functional indulgence that addresses various consumer needs, including energy enhancement and stress relief.

Barnana

Venture Round in 2015
Barnana, PBC specializes in producing and marketing organic banana snacks, emphasizing health and sustainability. Founded in 2010 and based in Santa Monica, California, the company offers a range of products that include Original, Chocolate, Coconut, and Peanut Butter Organic Banana Bites, which are sold in retail stores across the United States and online. Barnana's snacks are gluten-free, made from sustainably sourced bananas, and contain no additives or preservatives, highlighting their naturally sweet flavor. The company promotes the upcycling of bananas that would otherwise go to waste, contributing to the reduction of food waste and the carbon footprint associated with banana cultivation. In addition to snacks, Barnana also sells branded merchandise, including caps, flip-flops, and t-shirts.
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