Seattle — SkinnyDipped has raised $12 million in a Series A round that closed in August, 2023. Led by the Miami-based entrepreneur David Grutman, the company says the funding reached capacity earlier than expected, composed of individual investors.
Dozens of individual investors contributed, SkinnyDipped reports, with globally recognized participants including Alesso, Kevin Durant, Kaskade, Steve Aoki, Marshmello, Sebastian Ingrosso, Shep Gordon, Mack Maine, Bruno Soares, Rebeca León, Two Friends, Isabela Grutman, Ryan Tedder, Loren Ridinger, Sal XO, Joel McHale, Gary Brecka, Charissa Davidovici, Guy Oseary, Rich Kleinman, Mo Shalizi and Zepito.
“Our journey to this milestone has been challenging, energizing and full of passion from all involved,” says Breezy Griffith, CEO and founder. “But the real gift has been my discovery of just how much consumer, industry and investor sentiment exists for SkinnyDipped, for which I’m so grateful and proud. Our eclectic and diverse portfolio of investors blows my mind — from A-list artists to uber-athletes — there’s just this crazy love for the brand across the board. And to work in partnership with SD superfan David Grutman, who brings his creativity, enthusiasm and unstoppable drive to SkinnyDipped, is a total joy.”
“I am really impressed by what Breezy and Val and the SkinnyDipped team have achieved,” says entrepreneur Grutman. “What they’ve created is amazing. They make the best snacks ever, first of all, and they continue to impress me with all sides of the business. I’m excited to lead this round, and I’m even more excited for what these investors and I are about to do together.”
This strategic investment round arrives in tandem with extensions into new retailers such as Costco and Publix, the company says. The funding will be used to continue ongoing retail expansion, support philanthropic efforts and drive innovation as the brand readies itself to move into new spaces over the coming months.