Sol Cuisine Overview

  • Year Founded
  • 1997

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 48

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $102M

  • Investors
  • 1

Sol Cuisine General Information

Description

Producer of plant-based vegan food products intended to offer animal-friendly nutritional alternatives. The company produces products that are nutritionally superior both to meat-based offerings and to competitive plant-based products, thereby enabling its clients to avail the products to choose the food of their choice.

Contact Information

Website
www.solcuisine.com
Formerly Known As
Soy City Foods, Cow Approved Foods, Platform 9 Capital Corp.
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 1201 Fewster Drive
  • Mississauga, Ontario L4W 1A2
  • Canada
Primary Industry
Food Products
Acquirer
PlantPlus Foods
Vertical(s)
FoodTech, LOHAS & Wellness, Manufacturing, Climate Tech
Corporate Office
  • 1201 Fewster Drive
  • Mississauga, Ontario L4W 1A2
  • Canada

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Sol Cuisine Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 19-Jan-2022 $102M Completed Generating Revenue
5. Reverse Merger 19-May-2021 Completed Generating Revenue
4. Later Stage VC 13-Aug-2020 Completed Generating Revenue
3. Later Stage VC Completed Generating Revenue
2. Later Stage VC 03-May-2018 $13M $13M Completed Generating Revenue
1. Grant 05-Feb-2014 $59K Completed Generating Revenue
To view Sol Cuisine’s complete valuation and funding history, request access »

Sol Cuisine Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Producer of plant-based vegan food products intended to offer animal-friendly nutritional alternatives. The company prod
Food Products
Mississauga, Canada
48 As of 2021

San Francisco, CA
 

Daly City, CA
 
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Sol Cuisine Competitors (42)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Alpine Bio Venture Capital-Backed San Francisco, CA
Every (Food Products) Venture Capital-Backed Daly City, CA
Hodo Foods Venture Capital-Backed Oakland, CA
Galaxy Nutritional Foods Formerly PE-Backed North Kingstown, RI
Formo Venture Capital-Backed Berlin, Germany
You’re viewing 5 of 42 competitors. Get the full list »

Sol Cuisine Executive Team (4)

Name Title Board Seat
John Flanagan Chief Executive Officer
Dror Balshine Founder, Board Member & President
You’re viewing 2 of 4 executive team members. Get the full list »

Sol Cuisine Board Members (9)

Name Representing Role Since
Dror Balshine Sol Cuisine Founder, Board Member & President
John Travaglini Self Board Member
Lisa Swartzman Self Board Member
Mary Dalimonte Self Board Member
Rajamohan Natarajan Self Board Member
You’re viewing 5 of 9 board members. Get the full list »

Sol Cuisine Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Sol Cuisine Former Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
Avrio Capital Venture Capital Minority
BDC Capital Growth/Expansion Minority
CIBC World Markets Corporation Minority
Canaccord Genuity Investment Bank Minority
Export Development Canada Corporation Minority
You’re viewing 5 of 11 investors. Get the full list »

Sol Cuisine Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Platform 9 Capital 19-May-2021 Special Purpose Acquisition Company (SPAC)
To view Sol Cuisine’s complete acquisitions history, request access »

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Sol Cuisine FAQs

  • When was Sol Cuisine founded?

    Sol Cuisine was founded in 1997.

  • Who is the founder of Sol Cuisine?

    Dror Balshine is the founder of Sol Cuisine.

  • Who is the CEO of Sol Cuisine?

    John Flanagan is the CEO of Sol Cuisine.

  • Where is Sol Cuisine headquartered?

    Sol Cuisine is headquartered in Mississauga, Canada.

  • What is the size of Sol Cuisine?

    Sol Cuisine has 48 total employees.

  • What industry is Sol Cuisine in?

    Sol Cuisine’s primary industry is Food Products.

  • Is Sol Cuisine a private or public company?

    Sol Cuisine is a Private company.

  • What is the current valuation of Sol Cuisine?

    The current valuation of Sol Cuisine is .

  • What is Sol Cuisine’s current revenue?

    The current revenue for Sol Cuisine is .

  • How much funding has Sol Cuisine raised over time?

    Sol Cuisine has raised $23M.

  • Who are Sol Cuisine’s investors?

    Avrio Capital, BDC Capital, CIBC World Markets, Canaccord Genuity, and Export Development Canada are 5 of 11 investors who have invested in Sol Cuisine.

  • Who are Sol Cuisine’s competitors?

    Alpine Bio, Every (Food Products), Hodo Foods, Galaxy Nutritional Foods, and Formo are some of the 42 competitors of Sol Cuisine.

  • When was Sol Cuisine acquired?

    Sol Cuisine was acquired on 19-Jan-2022.

  • Who acquired Sol Cuisine?

    Sol Cuisine was acquired by PlantPlus Foods.

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