Once Upon a Farm
General Information | |||||||||
Business: | (Incorporated in Delaware)We are an organic baby food company.In 2015, Cassandra Curtis and Ari Raz started Once Upon a Farm with a mission centered around two main pillars:
Cassandra created the original recipes in her kitchen to feed her own children because nothing she could buy at the grocery store from existing food brands met her high personal standards. Inspired by this mission, in 2017, industry veteran, longtime leader of Annie’s, and former president of the Annie’s operating unit at General Mills, John Foraker partnered with actor, philanthropist, and entrepreneur / businesswoman, Jennifer Garner, to join with Cassandra and Ari to create the next generation childhood nutrition company. Subsequently, we assembled a team of Consumer-Packaged Goods (“CPG”) veterans, with experience disrupting category norms, and built an organization filled with talented, passionate and success-seeking people.At Once Upon a Farm, we are driving systemic change in childhood nutrition with real, organic, farm-fresh food–made with no added sugar, no preservatives, and nothing artificial. From baby’s first bites to kid’s school-ready snacks, we are a rapidly growing leader in modern childhood nutrition that provides innovative, nutrient-packed, delicious food to on-the-go parents for their babies and kids. We revolutionized the childhood nutrition category with what we believe is the first-ever cold-pressed Pouch, setting a new standard for nutrition that parents love and kids crave. From one mother’s kitchen and farmers markets to a beloved household brand, we are the #1 growth brand in the category1, elevating parents’ expectations for the food their children consume and eliminating the need to compromise taste and quality for convenience.Our mission and commitment to our consumers guide every decision we make and are at the heart of our identity and journey ahead. We are a public benefit corporation, which requires us to uphold high social and environmental standards and provide transparency for all of our stockholders. Additionally, we believe we are the first baby through kid parent-ally brand with a deep commitment to superior, fresh products with high nutritional standards and incredible taste. Our thoughtful recipes are crafted with high-quality organic ingredients, from cold-pressed Pouches and freshly Frozen Meals, to Refrigerated Oat Bars and Dry Baby Snacks, earning us the trust of parents, and fostering a loyal, passionate, and fast-growing consumer base that accounted for approximately $78 billion in retail sales in the 52 weeks ended June 15, 20252.Our success in developing nutritious food that kids love, and parents feel good providing, has resulted in a remarkable growth trajectory. We have surpassed $285 million of in-store retail sales, according to management estimates, and are the #1 brand driving dollar growth in the categories we play in for the 52 weeks ended June 15, 2025. Our products are available in the aisles where parents frequently shop and are sold in more than 20,0003 doors nationwide across U.S. Multi-Outlet (“MULO”) and the Natural Expanded channel. We have strong relationships with well-known retailers, both in brick-and-mortar stores and e-commerce.Note: Net loss and revenues are for the 12 months that ended on June 30, 2025.(Note: Once Upon a Farm filed its S-1 on Sept. 29, 2025, without disclosing the terms for its IPO. Estimated IPO proceeds are $100 million, a placeholder figure.)
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Industry: | Food & Kindred Products | ||||||||
Employees: | |||||||||
Founded: | 2015 | ||||||||
Contact Information | |||||||||
Address | 950 Gilman Street, Suite 100 Berkeley, CA 94710 | ||||||||
Phone Number | (888) 983-1606 | ||||||||
Web Address | |||||||||
View Prospectus: | Once Upon a Farm | ||||||||
Financial Information | |||||||||
Market Cap | |||||||||
Revenues | $201.59 mil (last 12 months) | ||||||||
Net Income | $-48.12 mil (last 12 months) | ||||||||
IPO Profile | |||||||||
Symbol | OFRM | ||||||||
Exchange | NYSE | ||||||||
Shares (millions): | 0.0 | ||||||||
Price range | $0.00 - $0.00 | ||||||||
Est. $ Volume | $100.0 mil | ||||||||
Manager / Joint Managers | Goldman Sachs/J.P. Morgan/BofA Securities/William Blair/Barclays/Evercore ISI/Deutsche Bank Securities/Oppenheimer & Co./TD Cowen | ||||||||
CO-Managers | Drexel Hamilton/Siebert Williams Shank | ||||||||
Expected To Trade: | |||||||||
Status: | TBA | ||||||||
Quiet Period Expiration Date: | Available only to Subscribers | ||||||||
Lock-Up Period Expiration Date: | Available only to Subscribers | ||||||||
SCOOP Rating | Available only to Subscribers | ||||||||
Rating Change | Available only to Subscribers |