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Puris

Puris

PURIS is an American food company producing plant-based, non-GMO food ingredients. Puris was founded in Oskaloosa, Iowa in 1985, and is now headquartered in Minneapolis, Minnesota. The company is focused on pea production for the creation of pea-based protein, fiber, and starch ingredients.

OverviewStructured DataIssuesContributors

Contents

puris.com
purisfoods.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Food technology
Food technology
Agriculture
Agriculture
Plant-based meat
Plant-based meat
Farming
Farming
Agricultural technology (AgTech)
Agricultural technology (AgTech)
Alternative proteins
Alternative proteins
Organic food
Organic food
...
Location
City Of Minneapolis
City Of Minneapolis
B2X
B2B
B2B
CEO
‌
Tyler Lorenzen
0
Pitchbook URL
pitchbook.com/profiles...158467-87
Legal Name
Puris Proteins, LLC.
Number of Employees (Ranges)
51 – 200
Email Address
info@purisfoods.com
Phone Number
+16124001420
Number of Employees
140
Investors
Cargill
Cargill
Founded Date
1985
Total Funding Amount (USD)
37,500,000
Latest Funding Round Date
February 28, 2020
Competitors
Freight Farms
Freight Farms
Agricool
Agricool
Glassdoor ID
859532
Latest Funding Type
Series D
Series D
Country
United States
United States

Other attributes

Company Operating Status
Active

PURIS, formerly known as World Food Processing, was founded in 1985 in Oskaloosa, Iowa, and would later move its headquarters to Minneapolis, Minnesota in 2016 for a more business friendly manufacturing environment. The company makes plant-based protein, fiber, and starch ingredients primarily out of organic and non-GMO peas grown in the United States. PURIS supplies American farmers with seeds and buys back the organic and non-GMO crops from them at the end of the growing season. Once crops are harvested PURIS removes any unwanted materials such as rocks, sticks, or stems at their crop processing facility. After crops are cleaned and processed they are manufactured into PURIS products.

Products

Products made by PURIS are organic, non-GMO, gluten-free, preservative-free, solvent-free, dairy-free, Kosher, Halal, allergen friendly, vegan, and grown and made in the United States.

Product name
Use
Product link

PURIS Carbonated Protein Drink

Beverage

https://purisfoods.com/product/ready-to-drink-beverages

PURIS Chocolate Raspberry Protein Bar

Food product

https://purisfoods.com/product/protein-bars

PURIS Cookie Mix

Food product

https://purisfoods.com/product/baked-goods

PURIS Pea Hull Fiber RTE

Food ingredient

https://purisfoods.com/product/puris-pea-hull-fiber-rte

PURIS Pea Instant Starch

Food Ingredient

https://purisfoods.com/product/puris-pea-starch

...
Funding
Venture round

On January 23, 2018, PURIS raised $25,000,000 in venture capital funding from Cargill. This funding solidifies an joint-venture agreement between PURIS and Cargill. Cargill will be helping PURIS distribute and manufacture pea-based protein products by allowing PURIS to access their distribution channels and provide capital to build another production facility.

Series D

On June 19, 2018, PURIS raised $12,500,000 in series D funding from Cargill.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Cargill makes investment in Minneapolis pea protein company Puris

Nick Williams

https://www.bizjournals.com/twincities/news/2018/01/17/cargill-makes-investment-in-minneapolis-pea.html

Web article

References

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