Pioneering Growth and Innovation in the Frozen Novelty Category
Doughlicious®, the better-for-you frozen novelty brand known for its artisanal frozen cookie dough-enrobed gelato bites, indulgent flavors, and clean ingredients is thrilled to announce a major milestone in its journey: a $5 million fundraise round led by Rich Products Ventures (RPV), the corporate venture capital fund of global, family-owned food company Rich Products (Rich's), and private investor collective The Angel Group, along with participation from existing investors.
This exciting fundraise marks a pivotal moment for Doughlicious as it accelerates its expansion across the U.S. and international markets. With a long track record of helping innovative food startups scale, gain a competitive edge and achieve their full potential, RPV brings deep category expertise and global distribution support. The Angel Group, a network of visionary investors with a passion for disruptive consumer brands, brings strategic counsel, access to influential networks, and a shared commitment to long-term growth.
“This partnership with Rich's and The Angel Group is more than an investment-it's a vote of confidence in the future of Doughlicious and our mission to redefine indulgence,” said Kathryn Bricken, Founder and CEO of Doughlicious. “With their support, we're poised to grow faster, innovate smarter, and bring our crave-worthy creations to more consumers around the world.”
Doughlicious has already made a strong mark in retail, with distribution in major U.S. retailers including Target, Whole Foods, Wegmans, and GoPuff. The brand's line of frozen gelato bites wrapped in cookie dough and dusted in cookie crumb are gluten-free, made with natural ingredients, and available in both full-size and mini formats, offering a modern twist on nostalgic favorites.
“Innovation is at the core of both Rich's and RPV, and we believe in the bold ideas that are shaping the future of food,” said Dinsh Guzdar, managing partner of Rich Products Ventures. Doughlicious is a great example of a brand that is delivering on what today's consumers want – smaller portions and clean-label offerings that don't sacrifice on taste. We're excited to help Doughlicious expand its footprint throughout the U.S. and shake up the freezer section with a new concept in permissible indulgence.”
Together, this dynamic trio-Doughlicious, Rich's, and The Angel Group-are baking up something truly special. With innovation, passion, and strategic resources in the mix, Doughlicious is ready to take the frozen novelty dessert world by storm.
About Doughlicious The London Dough Co.:
Doughlicious is a proudly female-founded and operated business on a mission to redefine the cookie dough experience by creating the ultimate snackable treat. Focused on better-for-you ingredients and sustainable practices, the brand brings a fresh perspective to the frozen snack category. Doughlicious' frozen cookie dough & gelato bites are certified gluten-free, free from added refined sugars and white bleached flour, and contain no artificial additives or preservatives. All frozen snacks are carefully crafted and produced at the brand's facility in London, England. Doughlicious products are available in over 10,000 retail stores across the US, UK, parts of Europe and the Middle East. For more information, visit https://doughlicious.co.uk/, Instagram and TikTok.
Meet Rich's:
Rich's, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, their products are used in homes, restaurants and bakeries around the world. Beyond great food, their customers also gain insights to help them stay competitive, no matter their size. Their portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods, among others. Working across 100 locations globally, with annual sales exceeding $5.8 billion, Rich's is a global leader with a focus on everything that family makes possible. Rich's®-Infinite Possibilities. One Family.
Rich Products Ventures (RPV) is the corporate venture capital arm of Rich Products. RPV invests in venture and growth stage companies that are shaping the future of food through technology and innovation, focusing on four core areas: nutrition and health, sustainable production, the next generation of retail and foodservice and dynamic supply chain. Offering a mix of operational expertise, strategic relationships, flexible capital and global reach, RPV helps startups scale, gain a competitive edge and achieve their full potential.
Learn more at www.Richs.com and www.richproductsventures.com or join the conversation on Facebook, Instagram, LinkedIn and Twitter.
Media Contacts:Whitney Spielfogel, Doughlicious516-316-4201399045@email4pr.com
Allie Friedman, Rich Products / Rich Products Ventures716-479-3969399045@email4pr.com
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SOURCE Doughlicious®
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