$3.5M Seed Funding Closed to Launch Merryfield: a New Clean Label Rewards App
Style Magazine Newswire | 2/11/2020, 9:37 a.m.
Merryfield, a new clean label rewards app, announced closing a $3.5M seed round today.
The company was co-founded by David Mayer, a former healthcare private equity investor, and Joe Dickson, former director of quality standards at Whole Foods Market. Merryfield is a curated, membership-based loyalty solution for purpose-driven consumer packaged goods (CPG) brands. Founding member brands are Applegate Natural & Organic Meats, Beyond Meat, Califia Farms, Good Culture, GoMacro, Health-Ade Kombucha, Justin's, Once Upon a Farm, Thinksport, RightRice, Stonyfield Organic, and Vital Proteins. The iOS app is free for consumers and launches in April 2020.
"The world has changed, but we're all still trying to do business like it hasn't. We are living now in an era of attention scarcity, information overload, and over choice, yet almost all businesses are still operating as if nothing has changed." said David Mayer, co-founder and CEO of Merryfield. "Our clean label rewards app makes it easy for people to discover new products and brands they can trust. We're rewarding people for consistently supporting food, personal care, and household product brands that today subscribe to a higher standard. And, at the same time, we're helping purpose-driven CPG brands to develop meaningful, lasting connections with like-minded consumers."
Merryfield was founded for one simple reason. "We believe there should be a higher standard for everyday products; there isn't," added Mayer. "It shouldn't be so much work just to avoid hundreds of chemicals and potentially harmful ingredients in the food, personal care and household products we use every day. And when we say 'better-for-you,' we mean 'clean.' More and more people now have access to clean label products virtually everywhere they shop, including at retailers like Kroger, Target, H-E-B, and Costco. And while this change is great, many of us now have more options and choices to make when shopping than we have time to sort them out."
People feel overwhelmed with options and choices in stores today. "One of the things we've heard from people, and one of the reasons retailer private label brands are growing so quickly, is that buying them sometimes just makes decision-making feel easier," said Joe Dickson, Merryfield co-founder and head of quality standards and policy. "But without consistent standards across private label products, consumers can't always be sure that they're getting what they think they are."
Behind every clean label decision at Merryfield is the company's Clean Council which has developed a strict set of clean label standards that all of its member brands' products must meet. Joining Dickson on the Clean Council are three other industry experts who have decades of experience setting higher food, personal care and household product standards while advocating for greater labeling transparency. They include: Errol Schweizer, food policy advocate and former vice president of grocery for Whole Foods Market; Kim McDevitt, MPH, R.D., quality standards and nutrition category manager at Merryfield and former senior national educator for Vega; and Mia Davis, a pioneer and leading expert and influencer in the clean beauty movement who helped establish standards for leading lifestyle and clean label brands such as Beautycounter, Credo Beauty, Goop, and Honest Company.