Parmela will also utilize the funds to fuel growth, further strengthen brand awareness and support ongoing innovation
Parmela Creamery, a leader in cultured, plant-based cheeses, has raised over $1 million in a Series Seed financing round led by 25Madison. Other investors include Gather Ventures and Luke Abbott. The investment will enable Parmela to implement its vision of becoming the brand most known for making plant-based dairy the world’s first option. Parmela will also utilize the funds to fuel growth, further strengthen brand awareness and support ongoing innovation.
Since launching in 2014, Parmela has grown rapidly due to its superior tasting cheese and nutritional content. Parmela’s products are available in thousands of stores including Publix Super Markets, Whole Foods Markets, Wegman’s and other leading retailers.
Unlike other cheese alternatives, Parmela uses traditional culturing and aging as part of its cheese making process and that allows its cheeses to develop their authentic, rich and creamy flavors, appealing to vegetarians, flexitarians, plant-based consumers and everybody who enjoys healthier options.