NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Caplight Logo









Kettle & Fire

Kettle & Fire

Private
Austin, TexasConsumer & Commercehttps://www.kettleandfire.com

Last Round

Debt

May 14, 2025

Total Funding Raised

$16.03M

Momentum Score

50 /100

Company Overview

Kettle & Fire is a food and beverage company that produces and sells a range of shelf-stable bone broths, cooking broths, and soups. Founded in 2015 by brothers Justin and Nick Mares, the company's mission is to provide convenient, nutrient-dense foods made from high-quality, ethically sourced ingredients, such as bones from 100% grass-fed cattle and organic chickens. Kettle & Fire was the first company to offer shelf-stable bone broth in the United States. The company has grown to over $100 million in annual revenue and its products are available online and in over 22,000 retail stores nationwide, including Whole Foods, Walmart, and Target. The company is privately held and backed by private equity, having secured $43 million in a secondary buyout in 2024.

Sector

Consumer & Commerce

Verticals

D2C Brands, Subscription Commerce, Home & Lifestyle, Sports & Fitness

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Non-AI

Keywords

bone brothshelf-stable bone brothgrass-fed bone brothcollagen brothorganic bone brothDTC food brandketo diet foodpaleo diet foodconsumer packaged goodsCPG brandfood subscriptiongut health foodwhole30 approvedcooking brothready-to-eat soupregenerative agriculture

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Kettle & Fire Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Kettle & Fire Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
DebtMay 14, 2025
Secondary BuyoutFeb 27, 2025
Series AAug 30, 2018
GrantSep 20, 2016

Key People

Founding team and executive leadership

Brian Hack

Chief Executive Officer

Executive Team

Jay Luikart

Chief Operating Officer

Executive Team

Kettle & Fire Investors

Notable investors and investment history

InvestorRounds
Northwood VenturesSecondary Buyout
Colter VenturesSecondary Buyout
Rocana Venture PartnersSeries A
CAVU Venture PartnersSeries A
CAVU Consumer PartnersSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 14, 2025

    New KettleWorks facility represents a $19.1M investment and 149 jobs.

  • May 14, 2025

    KettleWorks launched in Lancaster's Greenfield development.

Kettle & Fire Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

Kettle & Fire Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Kettle & Fire's valuation, stock price, and market status.

Firmographic Details

HeadquartersAustin, Texas
Employee Range59
Year Founded2015
Last FundingMay 14, 2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.







Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.