Bobo’s produces hand-baked oat-based snacks sold through retail channels and other outlets. The company operates a Loveland, Colorado bakery that opened in January 2019 and increased staffing by 50 percent to meet demand. Bobo’s has shown rapid growth—70% in 2017, 45% in 2018—and anticipates 40% growth in 2019 with the new financing. The brand plans to use recent funds to expand capacity at the Loveland facility and support retail expansion. Management also intends to drive growth into additional channels and allocate capital to product innovation over the coming year to strengthen its position in healthy snacks. Bobo's produces oat bars crafted from organic, wholesome ingredients and positions its product as both nutritious and flavorful. The company states its mission is to produce the best tasting oat bar using the healthiest, most wholesome organic ingredients while respecting customers' bodies and the planet. The business is identified in the article as an oat bar company based in Gunbarrel, CO. Financially, Bobo's announced an $8 million Series A minority investment. That Series A was led by Boulder Investment Group Reprise (BIGR) and also included Range Light LLC. The article cites the Denver Business Journal as the source of the funding announcement.

Total raised

$14M

Funding rounds

2

Latest round

Series B

Latest activity

Jul 2019