Mouth Foods, a New York City startup selling craft foods, wine and spirits online, has raised $5.5 million in funding.
Specialty food sales hit $109 billion in 2014, according to a study by the Specialty Food Association with research firms Mintel International and SPINS/IRI.
Capitalizing on growing consumer interest in the category, Mouth Foods curates a selection of artisanal, or small batch, foods, spirits and wines, which its sells online and through its own store, Mouth Spirits and Wine Gallery in Brooklyn, New York.
It also offers corporate gifts and gift bags for different occasions as well as “of the month” style subscriptions. Among its higher-priced offerings are a $720 “wine every month” annual subscription or a one-time $91 Sundae Best gift bag full of sweet ice cream toppings.
Mouth Foods Chief Executive and founder Craig Kanarick previously co-founded the agency Razorfish.
The company is poised to begin selling some of its products through other retailers, Mr. Kanarick said, declining to name retail partners or specify which products it would sell through them.
Venture investors’ appetite for food businesses remains at a record high, according to the latest figures from Dow Jones VentureSource.
Read VentureWire for the full story on Mouth, including market trends driving its growth.