
Investments
10Portfolio Exits
1Funds
1About New Fare Partners
New Fare Partners invests in companies redefining how we eat, access, and experience food. A female-founded fund, New Fare specializes in identifying early-stage companies across the value chain that serve the modern, informed eater and are addressing shifting demographics and an evolving American palate.
Latest New Fare Partners News
Dec 6, 2022
And be sure to subscribe and share! Led by Elly Truesdell and Hallie Bonnar, New Fare Partners is the latest female-led VC fund to close its first fund. The VC firm has so far raised $20 million in capital commitments for its inaugural fund investing in early-stage food and beverage businesses. Animal-free dairy is coming to Asia in an industry first, with the arrival of Perfect Day’s Very Dairy line of milk products in Singapore. Last but not least, the UFCW unions, which represent over 100,000 workers for Kroger and Albertsons, detailed their opposition to the merger. The group raised concerns the merger will decrease grocery industry competition, raise food prices and cause major job cuts. Our newsletter takes a lot of time and resources to produce. Make a one time or monthly contribution to help us keep it going. Whether it’s $5 or $500, every bit helps and shows us that you value our work. Carbon markets are emerging as a leading tool for tackling our climate crisis, but are they actually getting to the root of the crisis? We speak to Tom Goldtooth (Dine’ and Dakota), executive director of the Indigenous Environmental Network about how businesses and communities might approach the climate and social crises.
New Fare Partners Investments
10 Investments
New Fare Partners has made 10 investments. Their latest investment was in Bachan's as part of their Series A on September 9, 2022.

New Fare Partners Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/8/2022 | Series A | Bachan's | $13M | Yes | 1 | |
8/1/2022 | Unattributed VC | Omsom | Yes | |||
8/1/2022 | Unattributed VC | Tacombi | Yes | |||
4/1/2022 | Series C | |||||
3/15/2022 | Seed VC |
Date | 9/8/2022 | 8/1/2022 | 8/1/2022 | 4/1/2022 | 3/15/2022 |
---|---|---|---|---|---|
Round | Series A | Unattributed VC | Unattributed VC | Series C | Seed VC |
Company | Bachan's | Omsom | Tacombi | ||
Amount | $13M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 |
New Fare Partners Portfolio Exits
1 Portfolio Exit
New Fare Partners has 1 portfolio exit. Their latest portfolio exit was Foxtrot on November 27, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
11/27/2023 | Merger | 1 |
Date | 11/27/2023 |
---|---|
Exit | Merger |
Companies | |
Valuation | |
Acquirer | |
Sources | 1 |
New Fare Partners Fund History
1 Fund History
New Fare Partners has 1 fund, including New Fare Partners Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
11/30/2022 | New Fare Partners Fund I | $20M | 1 |
Closing Date | 11/30/2022 |
---|---|
Fund | New Fare Partners Fund I |
Fund Type | |
Status | |
Amount | $20M |
Sources | 1 |
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