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TemperPack

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Sustainable thermal packaging for perishable goods shipping

Richmond, United StatesFounded 2015Food
Valuation $100–250M Last recorded · 2020
Revenue $100–500M Latest reported FY
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
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About TemperPack

TemperPack is a materials engineering and manufacturing company specializing in sustainable thermal packaging solutions designed to replace single-use plastics like Styrofoam® in the cold chain logistics market. The company was founded in 2015 by Brian Powers, James McGoff, and Charles Vincent. The founding emerged from the materials engineering program at McGill University, where McGoff and Vincent started it as an internship project in 2014 before being joined by Powers. McGoff's background is in materials engineering, with prior experience at Boeing, while Vincent also studied Materials Engineering and worked in the EV industry. Powers, a childhood friend of McGoff, came from a finance background.

The company's business model centers on manufacturing and distributing proprietary, bio-based materials for businesses that ship temperature-sensitive products. Its target clients operate in the perishable food and life sciences industries, including meal-kit companies, grocery delivery services, pharmaceutical distributors, and biotech firms. TemperPack generates revenue by selling its packaging solutions directly to these businesses. Notable clients have included HelloFresh, Albertsons Companies, and Marley Spoon.

TemperPack's flagship product is the ClimaCell® thermal liner, a plant-based, curbside recyclable alternative to expanded polystyrene (EPS) foam. ClimaCell is engineered to provide comparable thermal protection to EPS, capable of maintaining frozen, refrigerated, or controlled room temperatures for shipments lasting 24-96 hours. The material is made from a combination of paper and corn starch. In addition to ClimaCell, the company acquired Green Cell Foam, a compostable and water-soluble packaging material made from U.S.-grown corn. TemperPack operates manufacturing facilities in Virginia and Nevada to serve clients across the United States, Canada, and Europe.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Richmond, United States
Employees
323
Open positions
27
Dealroom signal
79.8/100
Industry
Food
Sub-industry
Food Logistics & Delivery
Sector
Food, Packaging and Containers, Sustainable Packaging, Sustainable Development Goals, Climate Tech, Hard Tech
Technology
Hardware
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Aug 2022
Capital deployed
—
Preferred round
ACQUISITION

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Oct 2025 $10M — Closed Loop Partners ↗
GROWTH EQUITY VCOther financing Mar 2022 $140M — Revolution · SJF Ventures · Harbert Growth Partners · Tao Capital Partners ↗
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024 —
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Growth signals

TemperPack website traffic

Latest recorded traffic for TemperPack is 13K monthly website visits, up 18.2% over the last three months. TemperPack's team grew 4.2% over the past year.

Latest monthly visits13K 3-month web change+18.2% 1-year team growth+4.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

15 investors on the cap table

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

Series A10 investors entered at this stage

  • SJF Ventures
  • Dolik Ventures
  • Revolution
  • Interplay
  • Haas Portman
  • Third Prime Capital
  • Closed Loop Partners
  • Tao Capital Partners
  • Harbert Growth Partners
  • Arborview Capital

Series B and later4 investors entered at this stage

Other known investors1 additional known investor

  • Amcref Community Capital
Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
2 countries with
team presence
🇺🇸 United States98.7%
🇬🇧 United Kingdom1.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

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