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Skinny Dipped

Manufactures and distributes thin-coated, low-sugar nuts

Overview

SkinnyDipped makes better-for-you snacks by coating whole roasted almonds and other nuts in a thin layer of ethically sourced dark chocolate, plus product lines like Peanut Butter Cups and chocolate bites. The coating is light, resulting in lower sugar than traditional chocolate-covered nuts. The company also offers flavors such as lemon bliss and super dark + sea salt. Its products are sold through Target, Whole Foods, Kroger, and via its own website and Amazon. The process centers on creating flavorful snacks without sacrificing health, using high-quality, non-GMO ingredients with no artificial sweeteners or flavors. The business differentiates itself with a thin chocolate coating that reduces sugar, a female-founded origin, and a multi-channel approach combining retail distribution and e-commerce to reach health-conscious consumers. Its goal is to provide indulgent, tasty snacks that fit into a healthier lifestyle while expanding distribution and product development.

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About Skinny Dipped

Simplify's Rating
Why Skinny Dipped is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Food & AgricultureIndustrial & ManufacturingConsumer Goods

Company Size

11-50

Company Stage

Series A

Total Funding

$17.3M

Headquarters

Seattle, WA

Founded

2014

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Simplify's take

What believers are saying

  • September 2026 wafer launch extended SkinnyDipped into a new aisle with Walmart and Target.
  • June 2026 recall affected only limited SKUs, and no illnesses were reported.
  • 2023's $12 million Series A financed distribution, marketing, and product development expansion.

What critics are saying

  • May 2026 undeclared-peanut recall exposed co-manufacturing controls and threatens trust in allergen-sensitive categories.
  • Private-label snacks at Target and Walmart pressure margins, shelf space, and retailer leverage into 2027.
  • A repeated food-safety failure could trigger retailer delistings, litigation, and brand collapse.

What makes Skinny Dipped unique

  • SkinnyDipped built a low-sugar indulgence brand around thin chocolate coatings and clean labels.
  • By 2026, SkinnyDipped spans almonds, bites, cups, and wafers across multiple occasions.
  • Target, Walmart, Costco, Starbucks, and Amazon give SkinnyDipped broad omnichannel reach.

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Funding

Total Funding

$17.3M

Meets

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
$12M
$15M
$30M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Paid Vacation
  • Paid Holidays
  • Parental Leave
  • Remote Work Options
  • Wellness Program
  • Performance Bonus
  • Company Equity

Growth & Insights and Company News

6 month growth

-2%

1 year growth

-2%

2 year growth

-4%
Food Business News
Sep 7th, 2023
SkinnyDipped closes $12 million Series A round

Backers include notable names in sports and entertainment.

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