Stryve Foods manufactures and markets premium air-dried meat snack products and human-grade pet treats, sold under the Stryve, Kalahari, Braaitime, Vacadillos and Two Tails brands. Its air-dried snacks are marketed as all-natural, never cooked, zero grams of added sugar (with one exception), and free of MSG, gluten, nitrates, nitrites and preservatives, positioning them for Keto and Paleo consumers. The company distributes in major North American retail channels—grocery, club stores and other outlets—while also selling direct-to-consumer via ecommerce and Amazon. Management reports operational productivity programs and cost-model improvements that are delivering better margins. Stryve says demand and customer response to category growth and new packaging have been strong. The company is using recent financing to fund working capital and support a near-term ramp in quality distribution. Stryve Biltong produces gourmet beef biltong snacks marketed as all-natural, 0g sugar, high-protein convenient snacks. The brand targets the meat snacks and clean protein snacking categories and says it has become the undisputed leader in biltong snacks. Since launching in 2017 the company has achieved distribution across all retail channels and has rapidly grown its online business. Stryve is pursuing growth through increased marketing to drive education, awareness and trial. The company plans continued investment in talent and operations to support expansion. Leadership additions noted in the article include CMO Jaxie Alt and board member Peter Rahal, brought on as part of the company’s growth push.

Total raised

$21M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Apr 2023