FundedIQ
Food and Beverage

SimplyProtein: Funding, Investors & Team (Sep 2026)

SimplyProtein is a natural foods company that offers a line of plant-based snacks. With its start in 2002 in health foods stores throughout Toronto, Canada, SimplyProtein® has since grown throughout Canada and the U.S., with Wellness Natural, Inc. continuing to cultivate this expansion. The brand can be found in more than 50 retailers including Albertson's/Safeway, Amazon, Costco, Harris Teeter, HyVee, Loblaws, Metro, Sobeys, Wakefern, Whole Foods, and many more.

www.simplyprotein.com LinkedIn Mississauga, Canada 11-50 employees
Food and Beverage Organic Food Snack Food
Total raised
$8.5M
Rounds
1
Latest
Series B
Mar 2022

SimplyProtein has raised $8.5M across 1 funding round on record, the most recent a Series B of $8.5M announced in Mar 2022.

That round is above the $2.4M median round size for Food and Beverage companies tracked on FundedIQ over the last two years.

SimplyProtein Company Profile and Key Stats

Total funding raised
$8.5M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series B
$8.5M in Mar 2022
Employees
11-50
reported band
Headquarters
Mississauga, Canada

Latest funding round on record: Mar 2022.

SimplyProtein Funding Rounds

Date
Round
Amount
Series B
$8.5M

SimplyProtein Founders and Leadership Team

Name
Role
Contact
Michael Lines
CEO

No contact details are on record for this team yet.

SimplyProtein Funding Compared to Other Food and Beverage Startups

Segment
Companies
Median round
3,081
$2.2M
4,289
$30M

SimplyProtein's latest round of $8.5M is above the median round in Food and Beverage. Medians cover the last 24 months of disclosed rounds.

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SimplyProtein Funding FAQs

What does SimplyProtein do?

SimplyProtein is a natural foods company that offers a line of plant-based snacks. With its start in 2002 in health foods stores throughout Toronto, Canada, SimplyProtein® has since grown throughout Canada and the U.S., with Wellness Natural, Inc. continuing to cultivate this expansion. The brand can be found in more than 50 retailers including Albertson's/Safeway, Amazon, Costco, Harris Teeter, HyVee, Loblaws, Metro, Sobeys, Wakefern, Whole Foods, and many more.

How much funding has SimplyProtein raised?

SimplyProtein has raised $8.5M across 1 round on record. The most recent is a Series B of $8.5M announced in Mar 2022.

When did SimplyProtein last raise funding?

SimplyProtein's most recent funding round on record is a Series B of $8.5M, announced in Mar 2022.

Who is the CEO of SimplyProtein?

Michael Lines is listed as CEO at SimplyProtein.

Where is SimplyProtein headquartered?

SimplyProtein is based in Mississauga, Ontario, Canada.

How many employees does SimplyProtein have?

SimplyProtein is in the 11-50 employee band.

How does SimplyProtein's funding compare to other Food and Beverage startups?

SimplyProtein's latest round of $8.5M is above the $2.4M median round size for Food and Beverage companies on FundedIQ across 1,333 tracked companies over the last two years.

About FundedIQ's SimplyProtein Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for SimplyProtein is left off this page rather than filled in.

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