Outstanding Foods Closes on $5M Financing Round Led by SternAegis Ventures

LA Laker JaVale McGee Invests in Rapidly Expanding Better-For-You Snack Brand.

LOS ANGELES, June 30, 2020 /PRNewswire/ -- Outstanding Foods, maker of PigOut Pigless Pork Rinds, announced it has closed a $5M round of financing led by SternAegis Ventures. Additionally, the plant-based brand welcomes LA Laker JaVale McGee to its impressive roster of celebrity investors. With a desire to make plant-based eating Tasty as Hell™, Outstanding Foods creates snacks that everyone, from meat lovers to herbivores, can enjoy mindfully without sacrificing taste or texture.

Outstanding Foods, maker of PigOut Pigless Pork Rinds, announced it has closed a $5M round of financing led by SternAegis Ventures.

Outstanding Foods is poised for growth thanks to the successful launch of PigOut Pigless Pork Rinds earlier this year, and is preparing to roll out new products with the latest funding round. This additional capital will facilitate faster R&D, nationwide marketing, retail expansion, and team development. 

"This funding provides us with the opportunity to reach more consumers and give them more ways to snack on great-tasting, healthy, plant-based snacks," said Bill Glaser, CEO and co-founder of Outstanding Foods. "Consumers have been freaking out over our PigOut Pigless Pork Rinds that are Addictively Delicious and have the same protein content as beef. Soon they'll be able to experience other Outstanding snacks that we feel will be game changers!"

Outstanding Foods' partnership with JaVale McGee, a world-class athlete who has thrived on plant-based foods, will also show athletes, fans, and the world that a healthy protein-packed snack can be both nutritious and delicious. Lovers of traditional pork rinds and newcomers alike will find these guilt-free alternatives to be a slam dunk.

"PigOut Rinds are one of the best snacks I've tried," said McGee. "You'd never know they're plant-based and packed with clean protein to keep you fueled. I'm excited to join their team."

To celebrate the partnership, JaVale is giving away a year's supply of PigOut Pigless Pork Rinds and a signed jersey. To enter, follow @javalemcgee and @outstandingfoods and tag a friend in the comments section. JaVale will choose a winner on August 1.

SternAegis Ventures is the Private Equity Division of Aegis Capital Corporation. SternAegis partners with companies such as Outstanding Foods to bring great ideas to life. SternAegis seeks to identify 'the next big idea' and then endeavors to add value through both its expertise in capital formation and its access to notable strategic relationships. About SternAegis: www.sternaegis.com

Built on the burning desire to make plant-based foods tasty as hell, Outstanding Foods creates foods for everyone without sacrificing taste or texture. Beginning with wholesome 100% plant-based ingredients, packed with protein and other health benefits, each product is skillfully prepared for superb taste and superior texture, and is free from gluten, soy, GMOs, trans fats, and cholesterol. The brand also gives back, partnering with non-profits that help improve the well-being of farm animals, the environment, and the health of the communities it serves. Its newest product Outstanding's PigOut Pigless Pork Rinds are available direct to consumer at www.outstandingfoods.com and select retailers nationwide.