Ever wondered how grocery stores will look like five years from now?
This is something Jordan Gaspar, co-founder of AccelFoods, thinks about daily.
AccelFoods is a funding startup that invests in other startups that have the potential of disrupting food categories in the grocery aisles and beyond through their innovative products.
On this episode of The Barron Report, our host Paul Barron speaks with Gaspar and Susan Chen, CEO of Soozy’s, a frozen, gluten-free baked good product company that has partnered with AccelFoods in order to grow its business. The three discuss how the relationship has been between the venture capitalist group and the investee, Soozy’s role in its snacking category, what types of companies AccelFoods seeks to invest on, and trends in the marketplace among other topics.
Listen above to learn more about these trailblazing companies!
01:43 - Purpose of AccelFoods
03:48 - Soozy’s Role in the Frozen Food Segment
05:47 - AccelFoods’ Investment in Soozy’s
09:26 - Types of Companies AccelFoods Invests In
10:47 - Trends In The Marketplace
14:38 - Soozy’s Differentiator in Snacking Category
17:52 - Product Packaging
23:16 - Size of Companies AccelFoods Invests In
26:09 - Macro Understanding of Food Industry
28:00 - Impact of Social Media for Soozy’s
29:58 - Future Growth Plans for Soozy’s
31:52 - Challenges in Male-Dominated Venture Capitalist World