Meati produces meat alternatives made from nutrient-rich mycelium, which is described as the energy source intended by nature.

Tyler Huggins

Justin Whiteley

Meati

Prime Roots is a plant-based food company that specializes in creating deli classics using koji, a type of fungus, as a meat alternative. The company aims to provide flavorful and sustainable alternatives to traditional meat products.

Joshua Nixon

Kimberlie Le

Prime Roots

MyForest Foods is a food and beverage manufacturing company that specializes in producing plant-based, clean-label, mycelium-grown food products, with a focus on sustainability and satisfying all types of eaters.

MyForest Foods

UPSIDE Foods produces cultivated meat grown directly from animal cells.

Uma Valeti

UPSIDE Foods

meati™ | 21,695 followers on LinkedIn. meati is creating a new source of nutrition. We&#39;re working towards a future where everyone eats well without compromise. | We believe that good food should be good for the planet, too. That&#39;s why we founded Meati in 2017, right here in Boulder, Colorado. We&#39;re on a mission to bring mycelium, one of the most nutrient-dense superfoods on the planet, to kitchen tables all over the world.

Redbud Brands, LLC - Founder & Managing Director Asto Consumer Partners - Managing Partner Entrepreneur / Executive / Investor / Board Director

Brian Goldberg

Managing Partner, Grosvenor Food & AgTech

Katrin Burt

Venture Investor, Innovation Advisor, Founder Champion & Former Chemist.

Christian Gammill

VP People and Culture

Stephanie Larson, SPHR

meati™

🌟 Celebrating Excellence! 🌟 Meati employees aren't just dedicated to bringing delicious, nutritious, mycelium-based protein into the world. Last weekend, Meati's own Zack Jacobson and Evan O'Connor showcased incredible dedication and resilience by completing the Ironman California competition in Sacramento! 🏊♂️🚴♂️🏃♂️ Their journey from rigorous training to crossing the finish line is a testament to the hard work and perseverance that truly pay off. This achievement not only reflects their commitment to personal goals, but also inspires our team to push boundaries and strive for excellence in everything we do. Join us in congratulating Zack and Evan on this remarkable accomplishment! We are proud to have such motivated and determined individuals on our team - and a little extra proud that Zack represented Meati by sporting our Crispy socks! 🧦 Here’s to many more challenges conquered! 🎉💪 #Ironman #TeamSpirit #EmployeeSpotlight #Dedication #Inspiration #IronMeati

Our friends in the Southeast are still struggling to recover from the aftermath of the recent weather events. We would like to thank the support and enthusiasm of Jordan Daniels , Tristan Koolstra , and the others on our team who worked quickly to load up this truck in order to send 30,000 pounds of Meati to Feeding Tampa Bay . And we encourage you to help where you can as well. Donate to a trusted nonprofit, find a relief partner in the community to donate supplies to... every little bit helps! #HurricaneRelief #Teamwork #CommunitySupport

We had the incredible honor of being part of the UMass Alternative Protein Project’s first general body meeting on September 26th! 🎉 A huge shoutout to these talented students at the University of Massachusetts Amherst for their passion and dedication to promoting alternative proteins through this amazing initiative under the Good Food Institute. It was inspiring to see so many bright minds come together to explore sustainable food sources and the future of protein. 🙌 We’re thrilled to partner with you on the kickoff of this journey and can’t wait to see the positive impact you bring throughout the year! Thank you, UMass Alternative Protein Project, for welcoming Meati into your community. Here’s to a future filled with delicious, sustainable food options! 🌍💚 #AlternativeProteins #Sustainability #FoodInnovation #Meati #UMassAmherst

"At the heart of this is an incredible product and an incredible brand." These were sentiments shared by new board member Becky O'Grady while sitting down with Meati's VP of Marketing, Dawn Jacobs , during meati™ 's recent Fireside Chat. With her long history in the consumer packaged goods industry, Becky is the perfect person to help Meati reach its goals. And what drew her to Meati in the first place? "The promise of what we can do and what we can build." Becky, we can't think of a better person to build it with. Thanks for sharing your wisdom, and a few laughs, during our chat!

We're proud to be named to the Thrive Top 50 by SVG Ventures | THRIVE for solving some of our planet's biggest environmental challenges. We believe in our mission so much that we'd work this hard regardless of accolades, but it's an honor to be recognized among so many incredible companies. Check out the full list here! https://lnkd.in/gFH42dNn

Phil Graves goes deep with Elaine Watson from AgFunder to talk about the future of Meati, and why we're so bullish on mycelium: "[new CCO John P. Bortells ] says it best, that it's the perfect food, and it's been under our feet the whole time. We feel really good about our taste, nutritional profile, and the value of our products compared to existing alternatives."

As we introduce food from another kingdom to kitchen tables all over the world, we can't think of anyone better to join us on our mission. 🚀 Welcome to the team, John P. Bortells and Becky O'Grady ! We're so glad to have your collective expertise and passion for our mission.

We're honored that the City of Thornton, Colorado is home to Mega Ranch, where we produce all of Meati's products. We recently met with City of Thornton council members and representatives from the Thornton Office of Economic Development to talk about the value of sustainability, the future of food, and employment opportunities. We're all inspired about the impact we can make right here in Colorado. Grateful for the partnership, vision and trust! Pictured (from left to right): Tony Unrein , Andrea Wombacher , Roberta Ayala , Phil Graves , Adam Krueger - CEcD , Wendi Nafziger, CEcD , Kate Bentley

Consumers are savvy. 62% read the nutrition labels on food now, according to the new Midyear Trends report from Datassential . We think they'll be pleased when they flip the box to find out what's in Meati. It's made of 95% mycelium, and only a few other familiar ingredients - and nothing you can't pronounce!

The work we do isn't always easy, but it's *always* rewarding. We are proud and humbled that Mega Ranch was named Sustainable Plant of the Year by Food Engineering. It's great to be recognized for our vision, commitment, creativity, passion and grit that went into developing Mega Ranch. We have incredibly high standards for our products and the environment - because we don't think they have to be mutually exclusive. Thank you to our very own Andrea Wombacher who spoke to Derrick Teal at Food Engineering Magazine about the magic behind Meati.

Metric
Company Name	Meati	Prime Roots	MyForest Foods	UPSIDE Foods
Symbol
MSH ID	COM:MEATI	COM:PRIMEROOTS	COM:MYFORESTFOODS	COM:UPSIDEFOODS
Market	PRIVATE	PRIVATE	PRIVATE	PRIVATE
Sector	Consumer Goods	Consumer Goods	Consumer Goods	Consumer Goods
Industry	Food & Beverage	Food & Beverage	Food and Beverage Manufacturing	Food Production
Country	US			US
Stage			Venture Round
Employee Count	220	11	11	298
Website	meati.com	primeroots.com	myforestfoods.com	upsidefoods.com
LinkedIn	meati			upsidefoods
Founders

Metric
Market Cap				1.89B
Enterprise Value
Monthly Web Traffic	9.74K	1.67K	2.91K	9.43K
Web Traffic Growth	-0.09	-0.81	0.96	-0.67
Valuation
Raised Capital			3.50M

Metric
Revenue
Revenue (LTM)
Revenue (NTM)
Gross Profit
EBITDA
Operating Income
Net Income
EPS
Diluted EPS
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin
Operating Profit Margin
EBITDA Margin
Net Profit Margin
Return on Equity
Return on Assets
Return on Capital Employed

COM:MEATI

Meati

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio
P/B Ratio
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio
EV Multiple

Metric
Days Sales Outstanding
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle
Cash Conversion Cycle
Asset Turnover

Metric
Operating Cash Flow
Free Cash Flow
Cash Flow to Debt
Operating Cash Flow/Sales
Free Cash Flow Yield

Metric
Cash & Equivalents
Accounts Receivable
Inventory
Goodwill
Debt to Capitalization
Debt to Assets
Current Ratio
Quick Ratio

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue