H
Hero Bread
We make bread the way it should be
About Hero Bread
Hero Bread is a food innovation company focused on the baked goods sector, producing low-carbohydrate alternatives to traditional bread products. The company was founded by Cole Glass, whose personal journey with severe food allergies to fruits, vegetables, and nuts restricted his diet and led him to seek a solution to enjoy bread without adverse health consequences. After years of personal experimentation, starting in 2017, Glass developed a flour alternative that met his dietary needs, forming the basis of the company's products. The company, initially Hero Labs, was founded in 2019 and officially launched in 2021.
The company's business model is omnichannel, combining direct-to-consumer (DTC) online sales with a growing retail presence. Revenue is generated from the sale of its products through its website, where it maintains a strong repeat purchase rate, and through partnerships with grocery stores and restaurant chains. Hero Bread first entered the market through a partnership with select Subway restaurants and has since expanded its retail footprint to thousands of stores, including major chains like Publix, Sprouts Farmers Market, and Albertsons. The company's strategy involves building brand awareness and loyalty through both its DTC channel, which allows for direct engagement with its most loyal customers, and by expanding its SKUs and promotions within its retail partner locations.
Hero Bread's product line includes sliced breads, buns, tortillas, and croissants, all formulated to be low in net carbs and sugar while being high in protein and fiber. For instance, a slice of their Classic White Bread contains 0g net carbs, 0g sugar, 45 calories, 5g of protein, and 11g of fiber. The core of their formulation is a proprietary blend of ingredients like resistant wheat starch, wheat protein, fava bean protein, and milled flaxseed, which replaces traditional flour. This composition allows the products to mimic the taste and texture of conventional bread, appealing not only to those on ketogenic diets but also to a broader base of health-conscious consumers. The company has demonstrated a commitment to product iteration, such as reformulating products to use heart-healthy olive oil.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jun 2024 | $21M | $84M | GreatPoint Ventures · Composite Ventures · Cleveland Avenue · DNS Capital | ↗ |
| SERIES B✓Equity / VC | May 2023 | $15M | $60M | Union Grove Venture Partners · 444 Capital Fund · Cleveland Avenue · DNS Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Hero Bread is 270K monthly website visits, up 3.8% over the last three months. Hero Bread's team grew 9.1% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
FirstMile Ventures
Series A9 investors entered at this stage
Scribble Ventures
Electric Feel Ventures
Union Grove Venture Partners
444 Capital Fund
Cleveland Avenue
DNS Capital
Composite Ventures
GreatPoint Ventures- TFThe D'Amelio Family Fund
Other known investors4 additional known investors
Hawktail
MIKE McCORMICK
Talent Resources Ventures
Virtue VC
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Hero Bread on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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