$80-110k
+ Equity + Bonus
Tues, Weds, Thursday in office
3 days a week in office (Tribeca, NY)
Healthy and tasty cereal for adults
Open for applications
$80-110k
+ Equity + Bonus
Tues, Weds, Thursday in office
3 days a week in office (Tribeca, NY)
21-100 employees
To provide fun and delicious childlike cereal for grownups.
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25% employee growth in 12 months
Jun 2022
$106.4m
SERIES B
Nov 2020
$9m
EARLY VC
Magic Spoon offers protein-based alternatives to popular cereal brands and has found early traction with its healthier cereals. It provides cereal flavors like Fruity, Cocoa, and Peanut Butter, but with better ingredients, zero added sugar, high protein, and low carbs, as well as gluten-free and keto-friendly options.
The cereal industry has been dominated by the same brand names since the 60s. Magic Spoon's different approach has chimed with Millennials, Gen-Z, and those looking for guilt-free comfort food. Strategic tie-ins with TikTok influencers and heavy spending on Facebook advertising allowed the new cereal brand to earn substantial profits.
With solid funding, Magic Spoon has expanded into brick-and-mortar stores, securing nearly 7,000 distribution deals by mid-2023. Competing in the massive breakfast cereal market alongside new challenges like OffLimits and Crispy Fantasy, as well as industry giants, Magic Spoon has the potential to become a household name if it can sustain its momentum.
Kirsty
Company Specialist at Welcome to the Jungle