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- Cooks Venture
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
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
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Sectors
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jan 2023 | Undisclosed stage | Cleveland Avenue | $48M | Cooks 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 2022 | Undisclosed stage | Cleveland Avenue | $44M | Cooks 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 2021 | Series B | - | $14M | Cooks 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 2020 | Series A | Cultivian Sandbox Ventures (lead); SJF Ventures (lead); Sandbox Industries; Larry Schwartz; John Roulac | $10M | Cooks 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 2020 | Strategic investment | GOLDEN WEST FOOD GROUP (lead) | $4M | Cooks 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Aug 2022 | ||
| 1 | Lead | Jul 2020 | ||
| 1 | Lead | Jul 2020 | ||
| 1 | Lead | Jan 2020 | ||
| 1 | Participant | Jul 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 TrialCooks 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $6.6B | $1.6B | $11B | 2.2x | ||
| Private | - | - | $2.3B | - | ||
| Private | - | - | $2B | - | ||
| Private | $1.3B | $295M | $1.9B | 1.5x | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $48B | $18B | $379B | 8.3x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $48B | $18B | 8.5x | 8.3x | 22.8x | 24.1x | |||
| $109B | $19B | 2.9x | 2.8x | 16.2x | 14.4x | |||
| $94B | $16B | 2.4x | 2.3x | 14.5x | 11.8x | |||
| $59B | $20B | 3.9x | 3.6x | 11.7x | 10.0x | |||
| $58B | $12B | 2.9x | 2.8x | 13.6x | 12.4x | |||
| $8.3B | $2.5B | 10.1x | 9.0x | 33.3x | 28.9x | |||
| $39B | $4.7B | 2.6x | 2.5x | 21.4x | 14.9x | |||
| $7.8B | $3.5B | 6.9x | 6.3x | 15.2x | 14.0x | |||
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. |
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