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Love Grown Foods is a natural food company that manufactures a line of all natural breakfast foods. The company was founded in January 2008 by Maddy D’Amato and Alex Hasulak after developing their product line as undergraduate students at the University of Denver. The company markets its products in grocery stores across The United States and Canada.
Contents
History
Love Grown Foods was founded in 2008by Maddy D’Amato and Alex Hasulak while they were students at University of Denver.
The company's first product was granola, which the founders manufactured in a catering company's commercial kitchen in Aspen, where the founders moved after graduating. The company's products were sold in one store at the beginning of 2010, and in January 2010 the founders moved back to Denver. Within a month their products were in 80 stores. and by the end of 2010 their products were in 1300 stores, primarily through an agreement with Kroger. It's revenue for 2010 was about $200,000.
By fall of 2012 their products were in 4,500 stores, by increasing the number of Kroger stores and adding Loblaws and Sobeys, two Canadian grocery chains, as well as Whole Foods Market, The Fresh Market and 400 Safeway stores in and near Colorado. The company had hired a contract manufacturer to make the granola. The company's 2011 revenue was "seven figures" but the company wouldn't specify beyond that. The company had added organic and health food industry experts to its board by September 2012.
By 2015 the company had raised $7.2 million from investors and its products were in 8,000 stores; its line of products had expanded to include oat snacks and a breakfast cereal called "Power Os".
The company's products are organic, and include no high fructose corn syrup or hydrogenated oils.
Recognition
Love Grown Foods has received favorable reviews for their products from the The Denver Post, Huffington Post, and other media outlets.
Competition
Love Grown Foods faces competition from other natural granola companies. Bear Naked is by far the largest competitor because of the national availability of Bear Naked products. Ola! Granola is similar to Love Grown, but is currently only in the North Eastern United States. Another Colorado based competitor is Udi’s granola. Udi’s Healthy Foods has a larger market share, spreading through parts of the Pacific States and Upper Midwest.