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Impossible Foods
Work Here?
Produces plant-based meat and dairy alternatives
Impossible Foods
Work Here?
Produces plant-based meat and dairy alternatives
About Impossible Foods
Industries
Food & Agriculture
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$1.8B
Headquarters
Redwood City, California
Founded
2011
Overview
Impossible Foods creates plant-based alternatives to meat, dairy, and fish, aiming to transform the global food system. Their products, like the Impossible™ Burger, are designed to replicate the taste and texture of traditional animal products using specific plant ingredients. This approach allows them to cater to meat lovers while promoting sustainability. Unlike many competitors, Impossible Foods focuses on understanding consumer preferences and using science to create products that deliver similar experiences to eating meat. The company's goal is to secure a sustainable future by providing delicious food options that are better for people and the planet.
Simplify's Take
What believers are saying
- Growing consumer interest in health drives demand for plant-based foods.
- The plant-based food market is expected to grow at a CAGR of 11.9% until 2030.
- Advancements in food technology enable realistic plant-based meat textures and flavors.
What critics are saying
- Consumer skepticism towards genetically modified ingredients could impact sales.
- The plant-based meat market is experiencing a slowdown in growth.
- Impossible Foods' entry into the steak market may face stiff competition.
What makes Impossible Foods unique
- Impossible Foods uses heme protein to mimic meat's taste and texture.
- The company focuses on plant-based substitutes for meat, dairy, and fish products.
- Impossible Foods launched the first plant-based burger, the Impossible Burger, in 2016.
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Funding
Total Funding
$1823.5M
Above
Industry Average
Funded Over
10 Rounds
Coatue ManagementBenefits
Paid mission days - Get paid to spend two days a year reconnecting with our mission! Spend it in nature or team up with colleagues to serve local communities and contribute to the greater good.
Generous time off policy - We offer 4 weeks paid time off, 10 paid holidays, and 2 floating holidays, so you’ll be able to take the time you need to relax and recharge.
Health & wellness - To keep your body and mind healthy, we offer premium medical coverage, emotional support resources, and access to a fitness center at our Redwood City Headquarters
Generous equity package - We offer meaningful ownership in our company so all employees can share in Impossible Foods’ success.
Financial security - To help you feel financially supported, no matter what the future holds, we offer 401k plans, life insurance, and disability insurance.
Commuter benefits - Save hundreds per year on commuter fees.
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↑ 0%2 year growth
↓ -4%Leading plant-based brand Impossible Foods has launched a new product: Impossible Steak Bites.
Impossible Foods has introduced its inaugural steak product, Impossible Steak Bites, at the Natural Products Expo West in Anaheim, CA.
Impossible Foods has named Meredith Madden as its new Chief Demand Officer, the company announced Monday.
While Impossible Foods could launch products in the EU (as it did in the UK in 2022) without the heme protein, the blood-red substance (which Impossible Foods makes from a genetically engineered yeast strain) is a key ingredient in its flagship plant-based beef products, and has been going through a lengthy approval process as a food additive.
Impossible Foods has announced the launch of three new plant-based retail products aimed at providing families with convenient meal options.
Impossible Foods is Hiring for 2 Jobs on Simplify!
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About Impossible Foods
Industries
Food & Agriculture
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$1.8B
Headquarters
Redwood City, California
Founded
2011
Impossible Foods is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today