King's Hawaiian
19161 Harborgate Way, Torrance, CA, 90501, United States
Overview
Since Their humble beginnings in 1950 in a little town called Hilo on the "big island" of Hawaii, They have remained committed to quality, integrity and Aloha Spirit. Their Original Hawaiian Sweet, Honey Wheat and Savory Butter Dinner Rolls are perfect for any family meal, holiday celebration or barbecue. Their breads now include Mini Sub Rolls, Hot Dog Buns, Hamburger Buns and Deluxe Hamburger Buns.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Food and Beverage
- Food Processing
Investment portfolio
- Shaka Tea
Participated · Equity · Jun 2020
Shaka Tea produces bottled ready-to-drink iced teas and functional home-brew blends made from Hawaiian māmaki. The company positions a premium product at an accessible SRP of $1.98–$2.49 per bottle. Since launching four years ago it has grown roughly 300% year-over-year and recently added about 1,000 retail doors including The Fresh Market, GNC, Whole Foods Market SoPac, and Piggly Wiggly. In 2020 Shaka Tea opened its own processing facility to wash, dehydrate, cut and ship māmaki leaves to co-packers and sources māmaki from Mauna Loa and Kīlauea on Hawaiʻi Island. The business is capital efficient, saw a 566% increase in direct-to-consumer spend since March, and expects to be profitable by the end of the year if it stays on track. Recent hires and a new website launch are intended to support accelerated DTC growth and improved digital marketing.
Team
John Linehan
President, Chief Strategy & Planning Officer, Chief International Officer
LinkedIn