Reduced-sugar snack bar model snags $5 million in funding

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GREENWICH, CONN. — Munk Pack, a brand name of lower-sugar snack bars, has shut a $5 million spherical of financing to guidance distribution development.

Started in 2013, Munk Pack markets a line of granola bars and nut and seed bars produced for people pursuing a ketogenic or lower-carbohydrate food plan. The snacks are gluten-free of charge and plant-dependent with no artificial shades or preservatives or sugar alcohols. Components include things like almonds, allulose, coconut, flax seeds, peanut butter, plant protein and pumpkin seeds. Merchandise are offered on-line and nationwide in suppliers together with Walmart, Kroger, Meijer, Sprouts Farmers Market, Wegmans and Publix.

“We are pleased to see our items resonating with this sort of a broad client foundation, and we imagine that our simultaneous distribution and velocity raises attest to that,” explained Tobias Glienke, who co-established the corporation with his spouse, Michelle.

Munk Pack is set to broaden to a lot more than 19,000 details of distribution this 12 months, together with a lot more than 4,400 Walmart outlets. The company also programs to use the funding to hire crew customers and build new products. 

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