PowerPlant Ventures, a Hermosa Beach, CA-based growth equity fund investing in emerging consumer food, beverage, and foodservice companies, has selected DealCloud as its deal and relationship management platform. The firm provides capital, strategic guidance and operating expertise to visionary teams leading disruptive plant-centric brands.
“As a hyper-focused venture firm, we hold ourselves to a high standard when it comes to being process-driven and methodical in our approach to investing,” said Dan Gluck, Partner at PowerPlant Ventures. “We rely on DealCloud to organize our deal and relationship management efforts and to centralize data pertaining to our portfolio companies, capital and services providers, and talent network so that we can focus on being value-added partners to our brands and operators.”
In the firm’s portfolio are companies such as Beyond Meat, Veggie Grill, Only What You Need (OWYN), REBBL, Beanfields, and Thrive Markets, among others.
“PowerPlant Ventures has a very focused and process-driven approach to investing,” said Ben Harrison, Chief Revenue Officer at DealCloud. “That level of industry specialization and rigor requires a flexible technology platform to serve as the internal and centralized operating tool, and DealCloud is proud to provide that to the team at PPV.”
DealCloud, an Intapp company, provides a single-source deal, relationship, and firm management platform to enable over 700 clients to power their deal-making process from strategy to origination to execution. We offer fully configurable solutions purpose-built for the complex relationships and structures of private equity and growth capital firms, investment banks, private and publicly traded companies, debt capital providers, and other investors. For more information, visit www.dealcloud.com.
About PowerPlant Ventures
PowerPlant Ventures is a venture capital firm specializing in funding and advancing companies delivering better-for-you food in more sustainable and ethical ways. PPV provides capital, strategic guidance and operating expertise to visionary entrepreneurs leading disruptive plant-based brands including Beyond Meat, Thrive Market, Ripple Foods, Rebbl, Oh My Green, Square Roots, Beanfields, Veggie Grill, Nutriati, Your Super and Vive Organic. PPV’s team comprises innovators behind leading food brands such as Veggie Grill, the largest plant-centric restaurant company in the U.S.; ZICO Beverages, an early pioneer of today’s $8 billion coconut water category acquired by The Coca Cola Company in 2013; and Health Warrior, a superfood company purchased by PepsiCo in 2018. PowerPlant Ventures is headquartered in Los Angeles. For more information about the fund visit PowerPlantVC.com.