PartnerSlate
CPG marketplace connecting brands with manufacturing partners.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
* | $4.0m | Early VC | |
| Total Funding | 000k | ||
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PartnerSlate operates an online B2B marketplace that connects consumer packaged goods (CPG) brands with contract manufacturers (co-mans) and packaging partners in the food and beverage industry. The company was founded in 2021 by Matt Suggs and Vince Tseng and is headquartered in San Francisco, CA. The idea originated in 2015 when Suggs, then in finance, saw friends in the CPG space struggle to find reliable co-manufacturers. Tseng brought experience in using data and technology to modernize supply chains, having previously built a vendor matching platform at SquareTrade, which was acquired by Allstate.
The platform, known as PartnerMatch, digitizes the traditionally lengthy process of finding a production partner, reducing search times from months to days. It serves a range of clients, from startups to Fortune 500 brands, by matching them with a database of nearly 6,000 North American manufacturing partners. Brands can list projects and filter for specific needs such as production volume, certifications, and capabilities. For manufacturers, the platform provides qualified leads, helping them fill unused capacity and streamline business development.
PartnerSlate's business model involves a fee for brands to list a project and a success fee for manufacturers when a connection is made through the platform. The company operates in the $200 billion food and beverage contract manufacturing market. In June 2023, PartnerSlate announced a $4 million seed funding round led by Supply Change Capital, with participation from investors like Cleveland Ave and ResilienceVC. The capital is intended to enhance project management features and expand sales and marketing efforts.
Keywords: food and beverage manufacturing, contract manufacturing, CPG supply chain, co-packer marketplace, private label manufacturing, food production partners, beverage co-packers, packaging partners, supply chain technology, B2B marketplace, food commercialization, CPG brand scaling, manufacturing matchmaking, food startup resources, production sourcing, supply chain digitization, food industry procurement, contract packaging, food business development