Country Archer Jerky Co. has raised $10 million in a series B funding round from Monogram Capital Partners.
Country Archer produces clean label jerky, meat sticks and meat bars from grass-fed beef, antibiotic-free turkey and pork. The company’s meat snacks are distributed nationwide in retailers, including Whole Foods Market, Kroger, Sprouts, Target and Costco.
The capital infusion, which marks the third investment Monogram has made in the meat snack brand, will be used to expand production capacity at Country Archer’s 30,000-square-foot manufacturing plant in Southern California.
“We’re beyond thankful for our partners at Monogram who’ve believed in our mission to change the way people think about meat snacks in the U.S., and make delicious, high-quality options available to everyone,” said Eugene Kang, chief executive officer and co-founder of Country Archer Jerky Co. “What we do at Country Archer is so much more than selling and marketing beef jerky. We’re keeping the craft of artisan jerky alive by slow cooking our meats in small batches every single day. Having our own dedicated team and production facility in-house are critical pieces to our success because it enables us to control the quality of each and every ingredient, our recipes and the entire process. We’re very excited about the opportunities this new round of funding will open for us on the production side.”
Based in Los Angeles, Monogram Capital invests in emerging consumer and retail brands through minority growth and control transactions. The company first invested in Country Archer in March 2016 and again in July 2017.