SoChatti: Closes $2.2M Series A Funding

SoChatti: Closes $2.2M Series A Funding

  • SoChatti, an Indianapolis-based chocolate startup, closed $2.2M in a series A offering, with an additional $950k in bank financing
  • Bob Kirch, former CEO of Caito Foods, now managing partner, Kirch Equity Investments, is an investor in the company
  • The company, which recently moved into a new 12,000 square foot facility in Indianapolis Circle City Industrial Complex, will expand production of its chocolate products
  • SoChatti is also using a proprietary flavor preservation method that captures and maintains the best flavors of chocolate and packages
  • Then the company focused on a number of major milestones, including the launch of SoChatti To Go
  • Due to its process and packaging, its chocolate is completely shelf-stable for up to two years without the use of preservatives
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...