Prosperity Organic Foods, Inc.

MELT Organic is a luscious butter improvement that is truly good for you

  • Stage $1M in TTM Revenue
  • Industry Consumer Products
  • Location Boise, ID, USA
  • Currency USD
  • Founded March 2005
  • Employees 10
  • Website meltorganic.com

Company Summary

Born from an authentic need, Melt(R) Organic is a disruptive entry to the $4.5B margarine/butter category. Each variety is made from the Perfect Blend of organic oils - featuring virgin coconut oil. Melt is a luscious butter improvement that is truly good for you -- the only spreads that melt, cook, bake just like butter, yet with half the saturated fat and fewer calories. Melt has "good fats" backed by lipids experts to support healthy weight.

Team

  • Meg E Carlson
    President & CEO

    An investor since 2008 and BOD member since 2010, Meg has 30 years in management with startups to CPG corporations. A 16-year career with HJ Heinz/Ore-Ida culminated in serving on the Management Board and as VP, Specialty Products, a SBU that grew from $100MM to $250MM in sales over 5 years, expanding regional brands such as Bagel Bites and Rosetto stuffed pasta. Ms. Carlson holds an MBA in Finance-Marketing from Washington State University.

  • John Horne
    VP Sales

    John is an experienced sales executive with 20 years of team leadership and national and regional broker management experience selling into all major food channels throughout North America. John is a seasoned professional who excels in broker management, trade spending management and presentation development and delivery.

  • Andy Query
    Marketing Manager

    Andy brings 10 years of strategic and executional marketing and promotional experience to the brand. He directs consumer marketing planning, including social media and digital marketing initiatives, public relations and packaging. Prior to Melt he worked in local restaurant brand and promotional marketing and in regional musical entertainment venue marketing. He holds three BA's in marketing, music and music business.

  • Cygnia Rapp
    Founder & Chief Science Officer

    Cygnia launched the company out of a passion for nutrition by developing products to address her digestive disorders. She is responsible for sourcing raw materials, grants for R&D, and serving as the face of the company while being active in the new product development process. She holds a MS in Geomorphology from Arizona State University.

  • Koret Hall
    CAO & Controller

    Ms. Hall is responsible for directing all accounting, financial forecasting and cash flow management reporting as well as supply chain management for POF. Korri has an extensive background in financial and accounting management gained through more than 30 years in public accounting, working with small to mid-sized privately held companies. Korri is a CPA who previously was the Managing Partner for Grant Thornton office in Boise and Hall Hooper.

  • President & CEO

Advisors

  • Paul Boyd, Stoel Rives
    Lawyer
    Unconfirmed
    Grant Cornell, Hooper Cornell
    Accountant
    Unconfirmed
    Phil Reed
    General Partner, Highway 12 Ventures
    Unconfirmed

Previous Investors

  • Refer to Shareholder List:
    Unconfirmed
    TV Angel Fund, SLC Angels, Frontier Fund, Zillion Fund, G Michel, M Monsen, M Carlson
    Unconfirmed
    L Manookian, Sedlacek Trust, Fargo Angels, Amyx Trust, P Hammerly
    Unconfirmed

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