Quinn Foods closes $3M Series D funding round

LOUISVILLE — Quinn Foods LLC, which does business as Quinn Snacks in Louisville, has closed an additional $3 million Series D funding round. 

The company, operated by co-founder Kristi Lewis, is a natural-foods company that creates snacks now available in more than 7,000 stores nationwide.

The Series D funding, which as of Monday had not yet been recorded on the U.S. Securities and Exchange Commission website, was led by the company’s board of directors, as well as other current investors, including BFG Partners, Echo Capital, John Foraker, Gil Fronzaglia, Sunil Thakor, and an investment arm of the Lissette family, the company said in a press release.

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The money will be used to boost retail and e-commerce distribution channels, support innovation and increase product lines.

“We are thrilled that our current group of investors continues to share in our vision and excitement about the brand’s momentum,” Lewis said. “Each of our partners brings significant expertise to elevate our brand to its next stage of growth.”   

Quinn, founded in 2010 in Boulder, is registered in Delaware but has its headquarters in Louisville at 706 Front St. Its original registration with the Colorado Secretary of State was dissolved Aug. 3, 2016, but a new registration with Kristi Lewis as registered agent was filed the same day.

This past year, Quinn expanded into Walmart and saw increased distribution in Whole Foods Market, Kroger and Wegmans. Quinn also has experienced growth in its e-commerce business through retail partners such as Thrive Market, HungryRoot and Imperfect Foods. The company said that it experienced 65% growth in revenue this year over last year.