Key Takeaways
- GoodSAM Foods has raised $9 million in Series A funding, bringing its total funding to $10.5 million.
- The investment will expand operations, introduce new product lines, and support direct trade with smallholder farmers in Latin America and Africa.
- GoodSAM Foods’ regenerative agriculture model eliminates middlemen, ensuring fair wages and reinvestment into farming communities.
- LATAM investors played a key role in the funding round, underscoring the global support for sustainable food systems.
- The round was led by Alive Ventures (Colombia) and Desert Bloom (U.S.), with participation from LATAM Impact Fund, Promotora Social Mexico, One Small Planet, and Connecticut Innovations.
GoodSAM Foods Raises $9M to Strengthen Regenerative Food Supply Chains
GoodSAM Foods, a mission-driven food brand focused on regenerative agriculture and transparent trade, has secured $9 million in Series A funding to scale its operations and expand its impact. The funding round, led by Alive Ventures and Desert Bloom, highlights growing investor confidence in sustainable food systems and long-term impact models.
“Raising capital in the last two years has been extremely challenging and statistically, for women, it’s been nearly impossible,” said Heather K. Terry, CEO and Founder of GoodSAM Foods. “To have LATAM investors step up to support our vision as an American company, with the majority of our supply network in LATAM, has been humbling and deeply moving.”
The funding will be used to expand GoodSAM Foods’ team, introduce new product lines, and continue its direct trade partnerships with smallholder and indigenous farmers in Colombia, Mexico, Kenya, and six other countries.
GoodSAM Foods’ Regenerative Agriculture Model Gains Investor Support
GoodSAM Foods’ unique model focuses on:
- Direct trade partnerships, eliminating intermediaries to ensure fair wages for farmers.
- Investing in rural communities, improving local economies through regenerative farming practices.
- Providing traceable, eco-conscious food products, reinforcing transparency and sustainability in the food industry.
“We are excited to support GoodSAM Foods, a company that is helping smallholder farmers engaged in regenerative agriculture access premium markets, driving prosperity and climate resilience in rural areas,” said Virgilio Barco, Managing Partner at Alive Ventures.
GoodSAM Foods Expands Market Reach and Investor Network
The Series A funding round saw participation from investors focused on sustainable agriculture and ethical supply chains, including:
- Alive Ventures (Colombia)
- Desert Bloom (U.S.)
- LATAM Impact Fund (Sonen Capital & Fondo de Fondos, MX)
- Promotora Social Mexico
- One Small Planet (Peterffy Family Foundation)
- Connecticut Innovations
Additionally, Virgilio Barco (Alive Ventures) and Julia Paino (Desert Bloom) will join the GoodSAM Foods board, bringing expertise in sustainable investment and ethical trade.
“At GoodSAM, we’re building a small farms-focused food brand with the mission of making regenerative farming a staple in the American pantry,” said Greg Krupa, GoodSAM’s Head of Investor Relations. “Our impact-first Series A round reflects our commitment to doing things differently in a food system still dominated by ultra-processed, industrially farmed products.”