Former Bare Snacks CEO Invests in LAIKI Crackers & Joins Board of Directors
By: Laiki Rice Crackers
LAIKI offers wholesome, nutrient-dense, better-for-you crackers, made from 100% whole grain rice, in unique black and red varieties. Its deliciously crunchy crackers are vegan, gluten-free, and free from key allergens.
"We are excited for our next stage of growth and are fortunate to leverage the experience of Santosh as we bring LAIKI to more consumers across North America," Pradeep Akkunoor, Founder of LAIKI Crackers, stated.
Aside from Santosh, the Series A sole investor, board member John Crean, Managing Member of Sonoma Equity Partners, fully participated in the round. "LAIKI has shown significant progress since our original investment, and we are pleased to welcome Santosh on board and to participate to our full share in Series A1," said Crean.
The team was also recently strengthened by the addition of Tony Sisneros, a former Sales Director at General Mills. His efforts have been focused on building new distribution within natural, specialty, and grocery channels. Under his leadership, LAIKI has rapidly expanded store count from 1,000 to over 6,000 U S locations.
LAIKI crackers come in a popular 3.5oz resealable standup pouch, and have an SRP of $3.49. Laiki Crackers are available online at www.laikicrackers.com and are available in over 6,000 stores including Sprouts, Albertsons/Safeway, HEB, HyVee, Wegmans, Whole Foods, and many other key retailers across the U.S. and Canada.
Page Updated Last on: Nov 01, 2019