For Immediate Release
May 1, 2020
SAGE GROWTH CAPITAL ANNOUNCES INVESTMENT
IN PROSPERITY ORGANIC FOODS
Sage Growth Capital announces a new investment in Idaho company Prosperity Organic Foods. Prosperity Organic Foods is the creator of Melt Organic : a line of USDA organic, vegan butter and cheese spreads that are creamy and delicious. Their mission is to create butter and cheese substitutes that are better for people, the environment and of course, our food.
Prosperity Organic Foods CEO, Scott Fischer, says, “The Sage team was awesome to work with – they are professional and moved quickly to get us the funding we needed. This all came together at the right time - the market is demanding product and we need to have the resources to be able respond. We are grateful to have a resource like Sage in our community.”
Sage Growth Capital Managing Partner, Denise Dunlap, says, “Prosperity is a great example of the talent and innovation we have in Idaho: strong team, delicious and healthy products, and exciting trajectory. The Sage team is delighted to partner with the Prosperity team to help them take advantage of current opportunities for growth.”
For more information on Prosperity Organic Foods or to find locations that sell their product, visit: www.meltorganic.com.
Sage Growth Capital makes revenue-based investments in companies who need growth capital. It is our mission to provide a more flexible funding option to growing companies who do not fit traditional equity or lending models. To learn more about Sage Growth Capital or to apply for funding visit: www.sagegrowthcapital.com.