Announcing a New $5MM Facility with No Cow

We are pleased to announce our new partnership with No Cow, a revolutionary protein bar brand that specializes in dairy-free and plant-based offerings. We’re supporting the brand’s continued growth with a $5MM line of credit.

No Cow was founded in 2015 and sells dairy-free and vegan protein bars as well as protein powder. The company has a large wholesale and direct-to-consumer focus, and is available to consumers at a multitude of grocery stores nationwide and via its online store. The brand has amassed a loyal consumer following over the years including support from notable names like the Phoenix Sun’s Torrey Craig and country music artist Jessie James Decker.

No Cow also prioritizes sustainability, and incorporates a vision of a more sustainable future in everything the company does. The company carefully considers sustainability in all aspects of the products it offers, from ingredients to packaging to manufacturing partners. By providing an uncompromising plant-based option in the nutrition space, No Cow has helped consumers avoid 6.4 million metric tons of carbon emissions and 10.8 billion gallons of fresh water wasted.

From a growth perspective, the revolutionary brand has also seen revenues grow nearly 50% in the past year, experiencing heightened consumer demand in 2022. We tailored our funds to No Cow’s needs to support further growth opportunities, all while enhancing liquidity and extending runway.

What does No Cow plan on doing with the extra capital?

“We plan to use the capital to fund the growth in A/R and inventory that we have built in the last six months, and unlock strategic growth opportunities through 2022 and beyond," says Andrew Nordberg, Finance Director at No Cow.

We want to give No Cow a warm welcome to the Assembled Brands family, and we cannot wait to witness and celebrate more of the brand’s future successes together.