Cleveland Avenue
Cleveland Avenue is a venture capital firm based in Chicago, founded in 2015. The firm makes investments across seed, early, later, and growth stages, with a focus on food and beverage companies, lifestyle consumer brands, AgTech, and technology businesses. It provides capital and strategic support to startups seeking to scale product offerings, expand into new markets, and build operational capabilities. As an investment adviser, Cleveland Avenue combines financial backing with hands-on guidance to help portfolio companies achieve long-term growth.
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Past deals in Dietary Supplements
Hero Bread
Series B in 2024
Hero Bread is a San Francisco-based company specializing in the production of nutritious baked goods. It offers a range of products including bread, muffins, and tortillas, all formulated with nutrient-rich ingredients, zero net carbohydrates, low calories, and no added sugar, allowing consumers to enjoy guilt-free meals.
Hero Bread
Series B in 2023
Hero Bread is a San Francisco-based company specializing in the production of nutritious baked goods. It offers a range of products including bread, muffins, and tortillas, all formulated with nutrient-rich ingredients, zero net carbohydrates, low calories, and no added sugar, allowing consumers to enjoy guilt-free meals.
Partake Foods
Series B in 2022
Founded in 2016, Partake Foods produces and sells allergy-friendly food products. It specializes in nut-free, gluten-free, vegan cookies, and non-GMO, kosher foods suitable for kids. The company's product range includes sprouted grain chocolate chip mini cookies, double chocolate chip mini cookies, sweet potato millet mini cookies, carrot oat mini cookies, among others.
Hero Bread
Series A in 2021
Hero Bread is a San Francisco-based company specializing in the production of nutritious baked goods. It offers a range of products including bread, muffins, and tortillas, all formulated with nutrient-rich ingredients, zero net carbohydrates, low calories, and no added sugar, allowing consumers to enjoy guilt-free meals.
Every Body Eat
Grant in 2021
Every Body Eat produces plant-based snacks designed for everyone, regardless of dietary restrictions. Their product range includes cheese-less chia seeds, snack thins variety packs, crispbreads, and more, all made with clean ingredients like corn and cane sugar.
Nuritas
Series B in 2021
Nuritas Ltd., established in 2012 and headquartered in Dublin, Ireland, is a biotechnology company specializing in the discovery of bioactive peptides from food sources using artificial intelligence and genomics. The company's proprietary platform combines computational biology with nutritional science to identify and extract health-benefiting components hidden within food, enabling it to create functional foods and cosmetics. Nuritas collaborates with industry partners to co-develop new ingredients, with applications in human and animal nutrition, beverages, dietary supplements, and cosmetics.
Every Body Eat
Convertible Note in 2020
Every Body Eat produces plant-based snacks designed for everyone, regardless of dietary restrictions. Their product range includes cheese-less chia seeds, snack thins variety packs, crispbreads, and more, all made with clean ingredients like corn and cane sugar.
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