Turning passion into a food revolution.
Revolution Foods Case Study
Client Since: 2010
“Bridge Bank was flexible and supportive from the very beginning. They understood our working capital needs and the fact that lead times are very different for this kind of business. Ultimately, they truly wanted to help Revolution Foods grow.” ~Kristin Groos Richmond, Co-Founder and Chief Executive Officer and Kirsten Saenz Tobey, Co-Founder & Chief Impact Officer of Revolution Foods
Kristin Groos Richmond and Kirsten Saenz Tobey met in business school at University of California at Berkeley where they discovered they shared the entrepreneurial bug as well as a passion for healthy food and its associated positive benefits. This passion led them to speak to schools in their area and what they found is this: an alarming lack of access to healthy food for children.
And so Revolution Foods was born, a company with a noble mission: to build lifelong healthy eaters by making kid-inspired, chef crafted food accessible to all. They started providing fresh, high-quality meals to four schools in Oakland, and once the word got out, the phone started ringing off the hook. They began to expand, first to LA, then to Denver and Washington D.C., and then on to Houston and New Jersey.
Before Revolution Foods can expand into a new area, a large amount of infrastructure has to be developed; food suppliers, kitchens, and delivery fleets. And because most school meal programs are federally funded there is a significant delay in receivables from time of delivery. Long story short, Revolution Foods needed to raise a significant amount of capital long before they would be receiving payments of any kind.
Bridge Bank was excited to be a part of Revolution Food’s story. We provided them a line of credit that helped fuel their growth. Today Revolution Foods serves over 1.5 million meals weekly to children in schools and has developed a line of natural Meal Kits, available at grocers across the US.
If you have an idea to make the world a better place, give us a call. We’re on your side.
Download our Revolution Foods client story.
How can Bridge Bank help you with your banking needs?
Fill out the form below and a Bridge Banker will be in touch soon.
Recent NewsCloudBolt Announces $35 Million in Series B FundingBridge Bank Hires Tech Banker Jon Berry, Builds on Growth Momentum in AustinBridge Bank Expands Equity Fund Resources Group Hires Dragomir Sipovic, Vice President
Recent InsightsLeaving LIBOR: 4 things to know about changing interest rate benchmarksRegional Intelligence Report Series: California OutlookRegional Intelligence Report Series: South Bay Outlook
Our Technology Banking Group at Bridge Bank recently provided a credit facility to CloudBolt Software, an enterprise leader in cloud management and integration solutions. Visit westernalliancebancorporation.com/bridge-bank-ho… - 3 days to learn more details. pic.twitter.com/8fzjGbAL6BWe honor all of the veterans who have served our country. Thank you. #HappyVeteransDay REMINDER: In observance of Veterans Day, all Bridge Bank offices will be closed on Wednesday, November 11. pic.twitter.com/IfoGP8ecCAWe would like to welcome Jon Berry to the Bridge Bank team! Jon supports our Technology Banking group and will be based in Austin. Read our press release to learn more. #technology #banking #Austin #Texas westernalliancebancorporation.com/bridge-bank-ho… - 1 week 6 days agoIn observance of Columbus Day, all Bridge Bank offices will be closed on Monday, October 12. pic.twitter.com/BtX52D5RTPWe wish everyone a safe and relaxing #LaborDay holiday weekend. REMINDER: In observance of Labor Day, all Bridge Bank offices will be closed on Monday, September pic.twitter.com/09SIuoO7XGOur Technology Banking Group recently provided MIVA, an #ecommerce #software and service provider, with a credit facility. Read our press release to learn more: westernalliancebancorporation.com/bridge-bank-ho… - about 2 months 3 weeks ago #technologybanking pic.twitter.com/OUj49RdD5VOur Life Sciences Group is pleased to announce an upsized term loan for Fennec Pharmaceuticals, a pharmaceutical company focused on the development of PEDMARK™ (a unique formulation of Sodium Thiosulfate) for the prevention of ototoxicity from cisplatin in pediatric patients. pic.twitter.com/zrH2JslA27Stay safe as you celebrate #IndependenceDay. REMINDER: In observance of Independence Day, all Bridge Bank offices will be closed on Friday, July 3.” pic.twitter.com/EFLG0KJ3u5Our Technology Banking Group is pleased to announce that they have recently provided a credit facility to aPriori Technologies, a leading provider of design for manufacturability and cost (#DFM/DTC) solutions. #computersoftware #technology #banking pic.twitter.com/PuTYcnKMttLast chance to join us for what is sure to be one of the most interesting economic discussions in the history of this long-standing event, featuring economist, Dr. Christopher Thornberg & SJ Deputy City Manager, Kim Walesh Register now! #sjsueconsummit event.on24.com/wcc/r/2316585/… - about 6 months 1 day ago pic.twitter.com/sqxWOiCvsZThis Memorial Day, we honor and remember those who lost their lives while serving our country. REMINDER: In observance of Memorial Day, our offices will be closed on Monday, May 25. pic.twitter.com/Ae97NsXsDaThere’s still time to join us for what is sure to be one of the most interesting economic discussions in the history of this long-standing event, featuring keynote speaker and noted economist, Dr. Christopher Thornberg. Register today! #sjsueconsummit event.on24.com/wcc/r/2316585/… - about 6 months 6 days ago pic.twitter.com/TWo0MiGjijJoin us for what is sure to be one of the most interesting economic discussions in the history of this long-standing event, featuring keynote speaker and noted economist, Dr. Christopher Thornberg. Register today! #sjsueconsummit event.on24.com/wcc/r/2316585/… - about 6 months 7 days ago pic.twitter.com/pdtYAF2XrDBridge Bank’s #LifeSciences Group is proud to partner with iCAD, a global #medical #technology leader providing #innovative cancer detection and therapy solutions. bridgebank.com/lifesciences - about 6 months 2 weeks ago pic.twitter.com/oPIrnYlOTjCongratulations, @ArcturusRx on your big announcement and the accomplishments you and your team are achieving as you work on a vaccine for COVID-19. #COVID19 #coronavirus #vaccines #LifeSciences ir.arcturusrx.com/news-releases/… - about 7 months 1 week agoOur #LifeSciences team is proud to provide Valencell, a company that transforms the science of wearable #biometrics to enable impactful #health outcomes, with the creative #bankingsolutions they needed. pic.twitter.com/XCmNJpaVuvOrganizations of any size are at risk of data breaches or other types of #cybercrime, but you can defend yourself against #fraud by knowing the dangers and implementing best practices whether you’re #WFH or the office. #fraudawareness #cybersecurity westernalliancebancorporation.com/bridge-bank-ho… - about 7 months 2 weeks ago pic.twitter.com/bzKAaLYRGPLearn more about the several key initiatives we’re focused on right now. #WeAreInThisTogether #covid19 #CoronaVirus westernalliancebancorporation.com/~/media/pdfs/b… - about 7 months 3 weeks ago pic.twitter.com/ssOjI7DGnXCybercriminals are using concerns about COVID-19 to perpetrate scams – learn how to defend your organization against these scams and best practices to keep your business safe. #fraudawareness #cybersecurity #fraud #cybercrime #fraudprevention #WFH westernalliancebancorporation.com/bridge-bank-ho… - about 7 months 3 weeks ago pic.twitter.com/kZo07GPhVvBridge Bank is a proud sponsor of #FVCC2020, Florida’s largest statewide #VentureCapital Conference. pic.twitter.com/9l2lOPceVROur #LifeSciences Group helped @alluriontech create a customized #financialsolution to support their rapid growth. Allurion Technologies is a #medicaldevice company and creator of the Elipse™ Balloon, a breakthrough product in weight-loss technology. pic.twitter.com/OS96djwOA8Our Life Sciences Group welcomes Derek Scalf. Also, find out how to meet with our entire team during #JPM2020 westernalliancebancorporation.com/bridge-bank-ho… - about 10 months 3 weeks agoWe wish you peace, joy, and prosperity in the new year! #happynewyear2020 NOTICE: All Bridge Bank offices will be closed on Wednesday, January 1st in observance of New Year's Day. pic.twitter.com/B8efpD0GlQREMINDER: In observance of Christmas Day, all Bridge Bank offices will be closed beginning at 3 pm on Christmas Eve and remain closed through Christmas Day. pic.twitter.com/TIP2gGLliHOur Southern California Capital Finance Group is proud to announce their most recent relationship with H Code Media, Inc., the leading technology platform offering a full suite of integrated marketing and media solutions for the U.S. Hispanic market. pic.twitter.com/n9NyyS7odbBridge Bank extends $4MM credit facility to H Code Media, Inc., the leading technology platform offering a full suite of integrated marketing and media solutions for the U.S. Hispanic market. westernalliancebancorporation.com/bridge-bank-ho… - about 11 months 1 week agoWe honor all of the men and women who have served. Thank you. #VeteransDay pic.twitter.com/EpGp17Q39kThankfully #technology works its magic on our electronic devices. We wish you the best of luck changing the clock on your microwave! #daylightsavings pic.twitter.com/9VVKbEyeYgOur Technology Banking Group is proud to announce their most recent deal with Zipari, a growth-stage #technologycompany that offers the first and only consumer experience platform built specifically for #healthinsurance. pic.twitter.com/ImSLIn2TW5Bridge Bank Extends $10MM Growth Capital Term Loan to Zipari prnewswire.com/news-releases/… - about 1 year 3 weeks agoWe wish everyone a fun and relaxing #LaborDay holiday weekend. REMINDER: In observance of Labor Day, all Bridge Bank offices will be closed on Monday, September 2nd. pic.twitter.com/OscfoI61Q4Our Life Sciences group is pleased to announce that Innovative Health has upsized their credit facility to $9MM. Innovative Health is committed to helping #healthcare realize the potential of medical device #reprocessing, enabling hospitals to provide better care through savings. pic.twitter.com/bMFiLdLyyMHappy birthday, #America! Your friends at Bridge Bank wish everyone a safe and joyous celebration. REMINDER: In observance of #IndependenceDay2019, our offices will be closed on Thursday, July 4. pic.twitter.com/twQjmCVei1We would like to congratulate our client, @KIXEYE , on their recent acquisition by Stillfront. Kixeye is a leading gaming developer that makes games for gamers by gamers. Their hit titles include Battle Pirates, War Commander, and VEGA Conflict. pic.twitter.com/9RpoQ7zL13This Memorial Day, we honor and remember those who lost their lives while serving our country. REMINDER: In observance of Memorial Day, our offices will be closed on Monday, May 27. pic.twitter.com/QNA7r5hpv4