Cooks Venture Funding, Investors & Competitors

Cooks Venture has raised $120M across 5 funding rounds, most recently a $48M undisclosed-stage round in January 2023.

Last Cooks Venture funding round

$48M

Undisclosed stage · Jan 2023

Cumulative funding Cooks Venture raised

$120M

across 5 funding rounds

Key investors in Cooks Venture

  • Cleveland Avenue
  • SJF Ventures
  • Sandbox Industries
  • Cultivian Sandbox Ventures
  • John Roulac
  • GOLDEN WEST FOOD GROUP
  • Larry Schwartz

Cooks Venture Overview

About Cooks Venture

Cooks Venture is an Arkansas-headquartered producer of pasture-raised heirloom chickens and heritage meats adhering to Global Animal Partnership Step 4 standards. The company raises birds on regenerative farms in the Southern US with continuous outdoor access to diverse pastures, using its proprietary Red Broiler breed free from antibiotics and GMOs. It ships vacuum-sealed cuts like breasts, thighs, and whole birds directly to consumers nationwide, alongside beef and pork products, supporting the Better Chicken Commitment through humane practices and soil health initiatives.


Founded

2018

HQ

United StatesAtlanta, GA

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Cooks Venture Funding History

Cooks Venture has raised a total of $120M across 5 funding rounds.

Cooks Venture's first fundraising round was a $4M strategic investment round in January 2020. The most recent completed round was a $48M undisclosed-stage round in January 2023.

Cooks Venture funding rounds

Cooks Venture funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2023Undisclosed stageCleveland Avenue$48MCooks Venture is a food company building a transparent, regenerative supply chain focused on farmers, cooks, and food professionals sourcing animal-by-animal and plant-by-plant. Total funding across rounds reached $168.74M over 13-14 rounds by sources, with later debt financing of $3.5M in September 2023 and a corporate minority round of $50M in February 2022. The company faced bankruptcy/admin proceedings on April 25, 2024.
Aug 2022Undisclosed stageCleveland Avenue$44MCooks Venture was a regenerative food supply chain company founded by farmers, cooks, and food professionals focused on building a transparent, vertically integrated food system from production through processing and direct-to-consumer sales. The company raised approximately $168.74 million across multiple funding rounds including equity, debt, and corporate minority investments from 2021 through 2023, with Cleveland Avenue among its backers. Despite its mission-driven positioning and significant capital raises, Cooks Venture filed for bankruptcy in April 2024, with most of its assets subsequently acquired by a California poultry producer for $7.1 million on May 9, 2024.
Oct 2021Series B-$14MCooks Venture is a poultry company focused on regenerative agriculture, producing slow-growth heirloom chickens with proprietary genetics and crop science technologies. Launched in March 2019 by former Blue Apron COO Matthew Wadiak, it sells direct-to-consumer and through partners like FreshDirect and Golden Gate Meat Company. The company operates a growing facility in Arkansas and processing facilities capable of handling up to 700,000 birds per week after upgrades. In late 2020 or early 2021, Cooks Venture raised $12 million in senior secured venture funding from AMERRA Capital Management to expand processing capabilities, transition farmers to regenerative practices, and develop crop science. Earlier, it secured a $4 million growth equity seed round from Golden West Food Group and a $10 million Series A led by SJF Ventures and Cultivian Sandbox.
Jul 2020Series ACultivian Sandbox Ventures (lead); SJF Ventures (lead); Sandbox Industries; Larry Schwartz; John Roulac$10MCooks Venture raised $10 million in a Series A funding round on July 22, 2020, led by Cultivian Sandbox Ventures and SJF Ventures, with participation from Larry Schwartz and John Roulac. The company, founded by former Blue Apron co-founder Matthew Wadiak, is a vertically integrated chicken producer headquartered in New York with operations in Arkansas and Oklahoma. It breeds a proprietary Pioneer chicken through selection, not genetic engineering, independent of the two dominant global genetics companies. Cooks Venture sells its pasture-raised chickens via grocery stores, Fresh Direct, and direct online sales, emphasizing superior taste, texture, animal welfare, natural pathogen resistance, and support for regenerative agriculture. The Pioneer breed consumes a diverse diet including red winter wheat and cover crops, reducing reliance on corn monocultures and creating markets for regenerative crops to improve soil health and farm economics. The funding supports national commercialization, facility expansions, regenerative crop management, research and development in nutrition and breeding, and scaling production. Prior to this round, Cooks Venture had raised $16 million across two prior investments. The company acquired Crystal Lake Farms in 2018 and renovated facilities starting in January 2020 to enable scalability while advancing healthier chickens and sustainable farming practices.
Jan 2020Strategic investmentGOLDEN WEST FOOD GROUP (lead)$4MCooks Venture is an agtech company revolutionizing the chicken industry through regenerative agriculture practices that enhance biodiversity, soil carbon sequestration, water quality, and animal welfare. The company raises chickens on biodiverse diets including low-demand crops, enabling farmers to adopt sustainable methods while producing premium poultry sold through retailers, its website, and FreshDirect. Cooks Venture operates its own farm, partners with farms for Pioneer chicken feed production, and handles processing in-house. On January 28, 2020, Golden West Food Group led a $4 million funding round for Cooks Venture to ramp up national distribution and commercialization. Golden West Food Group, a manufacturer of value-added food products like marinated chicken but not competing directly in meat production, serves as a key distribution partner. As part of the announcement, Cooks Venture appointed Ankur Agrawal, formerly of Blue Apron and SeatGeek, as chief financial officer. Later in 2020, Golden West Food Group and Cooks Venture closed a $10 million Series A extension, bringing total funding that year to $14 million, to support national-scale development, commercialization, and the regenerative crop management program.

Who has invested in Cooks Venture?

7 investors have backed Cooks Venture across its funding rounds, including Cleveland Avenue, SJF Ventures, Sandbox Industries, Cultivian Sandbox Ventures, John Roulac and GOLDEN WEST FOOD GROUP.

Lead investors include Cultivian Sandbox Ventures, SJF Ventures and GOLDEN WEST FOOD GROUP.


Cooks Venture Investors

Investors in Cooks Venture by funding rounds participated
InvestorHQRoundsRoleFirst check
Cleveland AvenueUnited StatesChicago, IL2ParticipantAug 2022
SJF VenturesUnited StatesDurham, NC1LeadJul 2020
Cultivian Sandbox VenturesUnited StatesChicago, IL1LeadJul 2020
GOLDEN WEST FOOD GROUPCanadaKelowna1LeadJan 2020
Sandbox IndustriesUnited StatesChicago, IL1ParticipantJul 2020

This data is available for Pro users. Sign up to see all 7 Cooks Venture investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Cooks Venture Competitors

Cooks Venture competitors include listed companies like Mowi and Coca-Cola, and private ones like Bowery Farming, Apeel Sciences, China ZhongDi Dairy and Fruitist.

Public and private companies comparable to Cooks Venture
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
MowiNorwayNorwayPublicly listed$6.6B$1.6B$11B2.2x
Bowery FarmingUnited StatesNew York City, NYPrivate--$2.3B-
Apeel SciencesUnited StatesSanta Barbara, CAPrivate--$2B-
China ZhongDi DairyChinaBeijingPrivate$1.3B$295M$1.9B1.5x
FruitistUnited StatesLos Angeles, CAPrivate--$1B-
Coca-ColaUnited StatesUnited StatesPublicly listed$48B$18B$379B8.3x

Cooks Venture Public Comps

Cooks Venture is still privately-owned, but its public comps include Coca-Cola, Nestlé, PepsiCo, AB InBev, Unilever, Monster Beverage, Mondelez, Nongfu Spring, Corteva and BASF.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Coca-Cola$48B$18B8.5x8.3x22.8x24.1x
Nestlé$109B$19B2.9x2.8x16.2x14.4x
PepsiCo$94B$16B2.4x2.3x14.5x11.8x
AB InBev$59B$20B3.9x3.6x11.7x10.0x
Unilever$58B$12B2.9x2.8x13.6x12.4x
Monster Beverage$8.3B$2.5B10.1x9.0x33.3x28.9x
Mondelez$39B$4.7B2.6x2.5x21.4x14.9x
Nongfu Spring$7.8B$3.5B6.9x6.3x15.2x14.0x

This data is available for Pro users. Sign up to see all Cooks Venture competitors and their valuation data.

Start Free Trial

Common questions about Cooks Venture

When was Cooks Venture founded?Cooks Venture was founded in 2018.
Where is Cooks Venture headquartered?Cooks Venture is headquartered in Atlanta, GA, United States.
Is Cooks Venture publicly listed?No, Cooks Venture is a private, VC-backed company.
How much funding has Cooks Venture raised?Cooks Venture has raised $120M across 5 funding rounds.
What was Cooks Venture's last funding round?Cooks Venture's last funding round was a $48M undisclosed-stage round in January 2023.
Who are Cooks Venture's investors?Cooks Venture's investors include Cleveland Avenue, SJF Ventures, Cultivian Sandbox Ventures, GOLDEN WEST FOOD GROUP, Sandbox Industries, Larry Schwartz and John Roulac.
Which companies are comparable to Cooks Venture?Companies comparable to Cooks Venture include Mowi, Bowery Farming, Apeel Sciences, China ZhongDi Dairy, Fruitist and Coca-Cola.

See companies similar to Cooks Venture

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial