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FILLO'S Americas Made Closes Financing Round
submitted 2 weeks ago by fillo

FILLO’S AMERICAS MADE CLOSES FINANCING ROUND
Local Groups Among Key Investors
(Chicago, Illinois; March, 2021) Sofrito meals brand FILLO’S Americas Made today announced the closing of a convertible debt round of growth financing led by Chicago based food investment groups: SLoFIG (Sustainable Local Food Investment Group); Spiral Sun Ventures; Clover Vitality; and, management.
“My brother and I are proud to bring these foods that we grew up with to a wider audience. This investment round will help FILLO’S become a household name for traditional meals made with real sofrito,” founder and president Daniel Caballero said Friday morning. The category-leading line of sofrito bean and grain pouches is already available nationwide in over 3,300 points of distribution. “Working closely with our distribution partners KeHE and UNFI, we plan to build upon our national retail footprint.” FILLO’S has been available in Whole Foods, Publix, The Fresh Market, and Sprouts supermarkets, among many other national and regional retailers for several years. “We will also be focusing on a robust direct to consumer model in 2021, and are excited to share our favorite serving suggestions, loyalty programs, and community involvement with our growing customer base,” Caballero said.
Founded in 2016, FILLO’S is a line of non-GMO beans and grains flavored with real sofrito—the bold cooking base common to most Latin American cuisine. “We started this business with the belief that the best health outcomes can be found in the most traditional of recipes. To us Tradition is Nutrition,” Caballero said. FILLO’S is currently available in ten varieties, led by best sellers, Cuban Black Beans and Peruvian Lentils. The pouches are shelf stable, ready-to-eat, and clean label—ideal for those looking for a bold, traditional offering in a convenient format.
For more information, visit cocinadefillo.com.
SLoFIG is a close network of angel investors united in supporting a more vibrant local food system in the Midwest. SLoFIG invests in promising early-stage companies and provides business expertise and access to our networks to support business growth. Founded in 2011, SLoFIG has invested in businesses all along the food supply chain. For more information, visit SLOFIG.com.
Spiral Sun Ventures invests in early stage companies that feature natural or healthier products with a clean conscience. The investments hope to make a positive difference in the world while also uncovering compelling opportunities. For more information, visit sprialsunventures.com.
Clover Vitality invests in emerging food & beverage companies whose growth trajectory requires a level of capital and resources. We invest through a committed fund capable of supporting businesses through multiple stages of growth. For more information, visit clovervitality.com.
For more information about FILLO’S or this release, please contact Fred Schlatter, 312-371-4770 or [email protected]





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