New Fare Partners
Overview
New Fare Partners is a specialist venture capital fund that invests exclusively in early-stage food and beverage businesses, including next-generation consumer brands, supply chain technologies, and modern retail. The firm was co-founded by Elly Truesdell, former Global Director of Local Brands & Product Innovation at Whole Foods Market, and Hallie Bonnar. They leverage their operational expertise to support portfolio companies. The firm's inaugural fund, which launched in the spring of 2022, raised $20 million. They typically provide early-stage funding with an average investment of about $500,000.
Portfolio Companies
8
Website
newfarepartners.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Augmodo | Jul 2026 | Early Funding | Co-investor |
| Actual Veggies | Feb 2025 | Series A | Co-investor |
| Tacombi | Dec 2021 | Growth Equity | Co-investor |
| Farm to People | May 2026 | Seed | Co-investor |
| Ark Foods | Jul 2021 | Series A Extension | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is New Fare Partners based?
New Fare Partners is headquartered in New York City, New York, United States.
When was New Fare Partners founded?
Founding year information for New Fare Partners is not publicly available.
How many portfolio companies does New Fare Partners have?
New Fare Partners has 8 portfolio companies in Caplight's dataset.
What are some companies in New Fare Partners's portfolio?
Portfolio companies visible on Caplight include Augmodo, Actual Veggies, Tacombi, Farm to People, Ark Foods.
What was New Fare Partners's most recent investment shown here?
New Fare Partners's most recent investment in this portfolio sample was in Augmodo in 2026.
What sectors does New Fare Partners focus on?
New Fare Partners focuses on Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Healthcare & Life Sciences, Enterprise Software, Mobility, Transportation & Logistics.
What company stages does New Fare Partners focus on?
New Fare Partners typically invests at the Early stage.
What is New Fare Partners's AUM?
New Fare Partners's assets under management are estimated between $20.0M and $20.0M.