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LesserEvil

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LesserEvil is focused on making iconic snack foods, offering a potato based puff and a line of extravagantly flavored low carb popcorns

Danbury, United StatesFounded 2004eCommerce & Marketplaces
Valuation $500M–1B Last recorded · 2025
Revenue $100–500M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for LesserEvil and the history behind them.

About LesserEvil

LesserEvil is a snack food company that produces a range of organic and packaged snack products. The company was originally established in 2004 by Michael A. Sands, Gene Hackman, and Jim Cramer in Tuckahoe, New York. Their first product was kettlecorn, and they later expanded into other varieties.

In 2011, the company was acquired by Charles Coristine, a former Wall Street bond trader who was seeking a change after nearly two decades in finance. Feeling burnt out, Coristine's personal journey toward a healthier lifestyle, including meditation and dietary changes, drew him to the potential of the LesserEvil brand, even with no prior food industry experience. He purchased the struggling company, which was generating less than $1 million in annual revenue, for $250,000. Coristine, who holds an MBA from Cornell University, took over as CEO in 2012 and initiated a significant turnaround. He established the company's own certified organic manufacturing facility in Danbury, Connecticut, a strategic move to vertically integrate and gain control over production quality and margins. This was a departure from the common industry practice of using co-packers. The company headquarters were also moved to Danbury by 2013.

Under Coristine's leadership, LesserEvil underwent a major rebranding in 2019 to emphasize "mindful" snacking. The business model is centered on producing organic, minimally processed snacks using clean ingredients, such as organic non-GMO popcorn, extra-virgin coconut oil, and Himalayan pink salt. The company avoids palm oil and uses alternatives like avocado or coconut oil. This commitment to specific ingredients was a turning point, particularly the 2014 pivot to using extra virgin coconut oil, which improved flavor while allowing for a healthier fat profile. Their product lines are sold through a multi-channel distribution network that includes major retailers like Whole Foods, Target, Walmart, and Costco, as well as a thriving e-commerce business on platforms like Amazon and Thrive Market. By self-manufacturing, LesserEvil achieves better margins, allowing it to offer organic products at competitive price points.

LesserEvil's product portfolio is approximately 80% popcorn, featuring top-selling SKUs like Himalayan Pink Salt and the butter-flavored Himalayan Gold. The remaining 20% consists of extruded puffs and other snacks, a category the company is actively expanding. Notable products include Grain-Free Paleo Puffs made from cassava, coconut, and sweet potato flours, as well as other innovations like Space Balls, Moonions, and Cheezmos. These offerings cater to consumers following specific diets such as Paleo, Keto, and Whole30. The company has seen substantial revenue growth, with gross sales reaching $103 million in 2023 and a projection of around $165 million for 2024. LesserEvil secured a minority growth investment from Aria Growth Partners in 2023 to further develop manufacturing and retail distribution. In November 2025, the company was acquired by The Hershey Company.

Source: Dealroom company data

At a glance

Founded
2004
Headquarters
Danbury, United States
Sector
eCommerce & Marketplaces
Power Law
Thoroughbred$100M+ revenue

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Barrel Ventures

Series A4 investors entered at this stage

Series B and later4 investors entered at this stage

Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown
Web traffic by country
84K monthly visits
across markets
🇺🇸 United States79.9%
🇨🇦 Canada14.4%
🇮🇳 India1.9%
🇬🇧 United Kingdom1%
🇸🇦 Saudi Arabia0.8%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about LesserEvil 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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