SkinnyDipped produces lightly dipped nuts and other better-for-you snacks, starting with almond flavors and expanding into cashews, peanuts, cups and bites. Founded by mother-and-daughter Val and Breezy Griffith and emerging from the 2016 AccelFoods cohort, the brand began as a direct-to-consumer play. It is now Seattle-based and sold in more than 25,000 retail stores nationwide, including Target, Walmart and Kroger, plus club, gym and coffee-shop channels. The company emphasizes lower sugar, non-GMO ingredients and no artificial sweeteners, and runs in-house product innovation led by Val Griffith. Over the last 18 months SkinnyDipped worked on manufacturing and cost improvements, achieved double-digit growth and forecasts to double again in the next 12 months. Management says the business is nearing profitability and will use recent funding to support retail expansion, marketing and philanthropic efforts while innovating into new categories. SkinnyDipped produces all-natural nut snacks featuring a super-thin coating of dark chocolate or yogurt so consumers get more nut and less sugar. Its product family includes SkinnyDipped Almonds (Dark Chocolate Cocoa, Dark Chocolate Peanut Butter, Lemon Bliss, Super Dark + Sea Salt) and a recently launched SkinnyDipped Cashews line in two flavors. Products are made with non-GMO ingredients, are gluten-free and contain no artificial colors or flavors. SkinnyDipped products are sold on Amazon and at natural and conventional grocers including Kroger, Safeway, Target, Whole Foods, Wegman’s and HEB. The brand was founded by mother-daughter duo Val and Breezy Griffith and emphasizes female leadership and social impact. The company says the new investment will support its mission and expand access to ethically-sourced, nutritious snacks.

Total raised

$12M

Funding rounds

2

Latest round

Series A

Latest activity

Sep 2023