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May 7, 2015 12:01 EST

Forte Gelato: Authentic High Protein Gelato

iCrowdNewswire - May 7, 2015

Forte Gelato

Authentic High Protein Gelato

Westport, CT

tasteforte.com

 

  • FUNDING ROUND
  • Status OPEN
  • Maximum $2,000,000
  • Raised $550,000
  • Pre-money Valuation $4,041,778

 

  • SUMMARY
  • Team Adrian Pace – Former Hedge Fund GP w/ 4 years as CEO of Figo
  • Performance Rev +171% in 2014. Est. +263% 2015P and +362% 2016P
  • Customers Wegmans, Fairway Market, Kings, Central Market, Whole Foods, Gourmet Garage, Stew Leonards, De Cicco’s, Balducci’s, Mother’s Market, Lassens Market, HEB, UNFI, KeHE
  • Potential Acquirers Nestle, Unilever, Abbot Labs, Hormel, Weight Watchers Int.
  • Investors Harry Mariani, Owner of Banfi Wines
  • Advisors John Fulvio-Partner Fulvio & Assoc., Auditor, Accountant

PRODUCTS

Figo Brands Inc. is a high growth specialty food company and is the creator of the high protein frozen dessert category. Figo’s lead product Forte® is the sole player in the high protein gelato category.

Forte gelato is an all-natural, clean label product containing 15 grams of a proprietary protein formula and 2.5 grams of fat in a 4 fl oz portion controlled cup.

Forte maintains an accelerated growth rate due to its first to market advantage, superior quality and proprietary, exclusive formulation.

TEAM

Adrian Pace, Founder, CEO  

Adrian Pace is the Founder and CEO of Figo Brands, Inc. Pace enjoyed a 15-year career on Wall Street, which started at Merrill Lynch in Stamford, CT and led to his role as General Partner at Pace Capital Partners Hedge Fund in New York. From the early age of five, through his career up to age thirty-nine, Pace underwent six open-heart surgeries and a heart transplant, all related to a congenital heart problem. In 2009, grateful and energized with his new heart, Pace changed his career and started Figo Brands, Inc., a healthy foods and desserts company. His first creation,…

John Fulvio, Auditor, Accountant, Advisor – Partner at Fulvio & Associates

Partner at Fulvio & Associates • 30 years experience in the securities industry • Represents approximately 100 brokerage firms and hedge funds as either the auditor, accountant or tax advisor

FINANCIALS

  • HIGHLIGHTS
  • RevenueRev +171% in 2014. Est. +263% 2015P and +362% 2016P
  • Distributionwholesale, natural, specialty, supermarket, direct, online

DEAL DETAILS

  • FUNDING ROUND
  • StatusOPEN
  • Maximum $2,000,000
  • Raised $550,000
  • Pre-money Valuation$4,041,778
  • Round Type Equity
  • Entity Type C-Corp

 

 

 

Contact Information:

Adrian Pace
John Fulvio

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