TOM DONIGAN, MATT LEVEY, SCOTT FIESINGER, founders, Field Trip Jerky: Triple digit growth
By Elaine Watson
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Field Trip Jerky - which was launched in 2010 by Tom Donigan, Matt Levey, and Scott Fiesinger (L-R) and is now in 30,000+ retail locations from CVS to Starbucks - notched up revenue growth of 250% in 2015, and expects to do the same again in 2016 as it continues to pick up new accounts.
The business, which has just had a packaging refresh, has recently raised $3-5m to fuel its aggressive expansion plans, says Fiesinger: “We started with very limited financing – [a cool $11,000 to be precise] we didn’t raise any [outside] capital until 2015, whereas the financial infusions into KRAVE [which hit the market shortly before Field Trip] probably helped propel them into the market faster. Now, I’d say we are competing for that second or third place in the [craft jerky] market, especially following the deal with Starbucks.”