David has raised $75 million in a Series A round led by Greenoaks as it seeks to expand distribution and accelerate product development.
May 29, 2025•2 months ago
Amount Raised
$75 Million
Round Type
series a
New YorkFood and BeverageBiotechnologyHealth CareInvestors
Valor Equity PartnersGreenoaks
Description
David, a protein bar brand co-founded by RXBar's Peter Rahal, has raised $75 million in a Series A funding round. The round was led by Greenoaks and includes participation from Valor Equity Partners. With this funding, David aims to scale manufacturing and enhance product development. The brand has also acquired Epogee to secure a key ingredient for its bars.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech