
Hippeas
Los Angeles, CA, United States
Overview
HIPPEAS (Green Park Snacks, Inc.) produces USDA Certified Organic, gluten-free, non-GMO, vegan chickpea-based snacks, including Organic Chickpea Puffs and Organic Tortilla Chips in multiple flavors. The brand debuted in Q2 2016 in the US and the UK and has since secured shelf-space at about 50,000 stores, including Starbucks, Whole Foods, Target, CVS, Kroger and Amazon.com. HIPPEAS emphasizes sustainability and social impact—highlighting chickpeas' soil benefits and supporting Feeding America food banks and disaster relief. Management says the brand has seen strong growth through the pandemic and is positioned as a challenger in competitive snack categories. Recent hires and board additions include CFO Greg Buscher and board member César Melo, reflecting an expansion of operating leadership. The company intends to use new capital to boost innovation, expand production, increase distribution, and amplify its positive impact. Hippeas is a vegan snack company known for its chickpea puff products. The brand's core product is a vegan chickpea puff sold through grocery and retail channels. It is stocked in over 40,000 retailers, including Target in the U.S. and Sainsbury’s, Asda, Tesco and Boots in the UK. Sales have tripled this year and the company expects to at least double sales next year. Hippeas has previously raised $14 million and counts Leonardo DiCaprio among earlier investors; it recently closed an additional $8 million round. Founder and chairman Livio Bisterzo said the funding will allow the company to keep driving growth and pursue its path to becoming the number one natural puff. Hippeas is a Los Angeles–based maker of organic chickpea snacks. Led by CEO and co-founder Livio Bisterzo, the brand launched only a year prior. Its snacks are low-calorie, certified organic, certified gluten-free, vegan, kosher and non-GMO, and contain three grams of fiber and four grams of protein per serving. The company has quickly scaled distribution to roughly 100,000 points of sale, including Starbucks, Whole Foods, Wegmans, Kroger, Albertsons, Safeway, Boots, Waitrose, Tesco, Sainsbury’s, Amazon.com and Thrive Market. Hippeas completed a $10M growth funding round from Cavu Venture Partners, with other backers such as Leonardo DiCaprio and Strand Equity Partners, to support expansion. The company intends to use the proceeds to scale its expansion and grow distribution further. Hippeas produces low-calorie, certified organic, certified gluten-free, vegan, kosher and non-GMO chickpea puffs. The brand offers five flavors including Vegan White Cheddar, Sriracha Sunshine, Far Out Fajita, Pepper Power and Bohemian Barbecue. Products are sold in over 20,000 stores across the US and UK and are carried by retailers such as Starbucks, Whole Foods, Wegmans, Albertson’s, Safeway, Boots, Waitrose and Amazon. Led by CEO and co‑founder Livio Bisterzo, the company intends to use the new funding to continue growing operations. The article does not disclose revenue or other financial metrics.
- Total raised
- $68M
- Funding rounds
- 4
- Latest round
- Equity
- Latest activity
- Jan 2021
Industries
- Food and Beverage
- Health Care
- Organic Food
Recent funding
Equity
Jan 2021
$50M
Equity
Jan 2019
$8M
Equity
Oct 2017
$10M