Keychain Hits Over $500 Million Per Month in Project Volume, Secures $15 Million in Additional Funding, and Adds General Mills and Schreiber Foods as Investors [Yahoo! Finance]
The Hershey Company (HSY)
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Source: Yahoo! Finance
NEW YORK Nov. 19, 2024 /PRNewswire/ -- Keychain , a manufacturing platform for the packaged goods industry, today announced that it has raised $15 million in new funding. The round was led by BoxGroup, with support from major food companies General Mills and Schreiber, and existing investors including Lightspeed Venture Partners, and SV Angel. One year after announcing $18 million in seed funding, Keychain has already enabled over 20,000 brands and retailers to search for manufacturers using Keychain's AI-powered platform. This brings Keychain's total funding to $33 million . Prior to Keychain, the search and discovery process was time-intensive and convoluted, preventing brands, retailers, and manufacturers from reaching their full potential. "Keychain's first product, our search and discovery platform, is now working at scale for US-based food and beverage brands, retailers, and manufacturers. This has happened much faster than we expected," said Oisin Hanrahan , Cofounder and
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HSY
Earnings
- 11/7/24 - Miss
HSY
Sec Filings
- 11/18/24 - Form 144
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- HSY's page on the SEC website