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New Fare Partners

New Fare Partners

New York City, New Yorknewfarepartners.com

Overview

New Fare Partners is a specialist venture capital fund that invests exclusively in early-stage food and beverage businesses, including next-generation consumer brands, supply chain technologies, and modern retail. The firm was co-founded by Elly Truesdell, former Global Director of Local Brands & Product Innovation at Whole Foods Market, and Hallie Bonnar. They leverage their operational expertise to support portfolio companies. The firm's inaugural fund, which launched in the spring of 2022, raised $20 million. They typically provide early-stage funding with an average investment of about $500,000.

Portfolio Companies

4

Investments

CompanyDateStageLead
AugmodoJul 2025Series ACo-investor
Actual VeggiesFeb 2025Series ACo-investor
Bachan'sSep 2022Series ACo-investor
FoxtrotJan 2022Series C-

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersNew York City, New York
Year FoundedN/A

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