Oakberry is a Brazilian global açaí brand that operates roughly 700 stores across more than 40 countries. Founded in 2016 and led by CEO Georgios Frangulis, the chain opened more than 150 new stores in 2023 and currently has 35 locations in the United States. The company expects to reach over $200M in revenue and nearly 1,000 stores globally by the end of 2024. Oakberry plans to expand its U.S. presence to 200+ stores and triple its European footprint by 2026. The brand is exploring co-investments in markets such as Australia and Portugal as part of its international growth strategy. Its core product is açaí sold through its store network.

Total raised

$67M

Funding rounds

1

Latest round

Series C

Latest activity

Jan 2024