Fundraising Fox

Good Planet Foods

Bellevue, US · Founded 2017 · Delaware corporation · 10 employees on LinkedIn · 5 known investors

GOOD PLANeT Foods makes plant-based cheese made with olive oil, offering products with minimal saturated fat and good melt as an alternative to dairy cheese for consumers. It positions its offerings as more sustainable options in the plant-based food category.

Also known as GOOD PLANeT · GOOD PLANeT Foods

Founders & leadership

Good Planet Foods was founded in 2017 by David Israel.

DI
David IsraelFounder
JE
Joe EssaNamed on SEC filing
MF
Michael FreyNamed on SEC filing
DG
Dan GrossNamed on SEC filing
JW
Josh WandNamed on SEC filing
JB
Jay BauerNamed on SEC filing

Board

KKKeith Kravcik
Keith KravcikinBoard directorCIO at Cleveland Avenue

Investors · 5

Also in the syndicate · 1

Tasseo Consumer

Reported raises · per SEC filings

Form D private placements

$16.5M disclosed across 2 of 3 rounds · 2020–2023

$5.2MraisedFeb 2023 · 5 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • David IsraelExecutive Officer, Director
  • Joe EssaDirector
  • Mike SchallDirector
  • Michael FreyDirector
  • Paul KozlowskiDirector
  • Tim GarveyExecutive Officer
  • Bart AdlamExecutive Officer
  • Jay BauerDirector
  • Josh WandDirector
Offering amount
$10M
Amount sold
$5.2M
First sale
Jan 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$11.3MraisedJun 2020 · 16 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Joe EssaDirector
  • Michael FreyDirector
  • Dan GrossDirector
  • David IsraelExecutive Officer, Director
  • Josh WandDirector
  • Keith KravcikDirector
  • Jay BauerDirector
Offering amount
$12M
Amount sold
$11.3M
First sale
May 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Good Planet Foods (GOOD PLANeT Foods) is a Bellevue, Washington-based producer of plant-based, dairy-free cheese. Its current portfolio consists of shreds, slices, blocks and snackable cubes built on an olive oil base combined with tapioca and potato starch and pea protein, alongside a reduced coconut oil lineup. Earlier products included coconut-oil-based shreds (mozzarella, smoked mozzarella, parmesan, cheddar) and slices (American, garlic and herb, smoked provolone, cheddar, hot pepper), plus snackable wedges, smoked wheels and snack packs. The company shifted its principal fat from coconut oil to olive oil in 2023 after consumer feedback about saturated fat levels.

Products are positioned as free from gluten and common allergens, including wheat, peanuts, tree nuts, dairy, soy, egg, sesame, casein, sulfites, lupin, mustard, fish, shellfish and crustaceans, though some contain legume protein and trace refined sunflower oil and trace corn. They are described as 100% vegan, non-GMO, free from cholesterol, trans fat and artificial preservatives; olive oil and coconut cheese shreds and slices are certified Kosher by the Orthodox Union, and the range has also been described as halal-certified. Several sliced, shredded, wedge and wheel items are certified Keto. All products are made in the USA. Packaging for the wedge carton uses 90% post-consumer material and is recyclable; other formats are not yet fully recyclable.

In August 2025 the company and Schuman Cheese established GPV Foods, a US joint venture pairing Good Planet's retail business with Schuman's Vevan non-dairy brand, its manufacturing capacity and foodservice reach. Both brands are to remain distinct, with combined availability of nearly 5,000 stores, and Vevan recipes are expected to be reformulated on Good Planet's olive oil platform.

Founding story

Founder David Israel states he started the company to resolve the tension between the desire for more sustainable, less meat- and dairy-heavy diets and the enjoyment people take in food, beginning with cheese as one of the hardest foods for consumers to give up.

Business model

The company develops and sells branded plant-based cheese products manufactured in the USA with US and imported ingredients, distributed through grocery retail chains and online retailers, with additional volume via foodservice partnerships such as fast-food chains. Through the GPV Foods joint venture with Schuman Cheese, it combines its retail business with a partner's manufacturing capacity, foodservice channel and ingredient expertise.

Revenue comes from sales of packaged plant-based cheese products through retail grocery and online retail channels, together with foodservice/ingredient supply arrangements.

Traction

As of August 2025 the company's products were sold in over 1,200 retail doors nationwide, with combined Good Planet and Vevan availability of nearly 5,000 stores after the GPV Foods joint venture. Retail listings reported at the time of its Series A included Walmart, Costco, Wegmans, ShopRite, Safeway, Price Chopper, Whole Foods and Bristol Farms, and its cheese was tested by White Castle on the Impossible Slider in New York and New Jersey.

Latest developments

In August 2025, Good Planet Foods and Schuman Cheese formed GPV Foods, a joint venture combining Good Planet's retail business with Schuman's Vevan brand, adding production capacity and foodservice reach; combined store count was reported at nearly 5,000, and Vevan products are to be reformulated using Good Planet's olive oil platform. Founder and CEO David Israel indicated that some workforce consolidation may follow.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

The company competes in the US dairy-free cheese category, where SPINS data cited by the Good Food Institute showed 2024 dollar sales falling 4% to $218 million and household penetration slipping to 4%, with dairy alternatives accounting for about 1% of the total cheese market, while repeat purchase rates rose from 48% in 2023 to 54% in 2024. Investors in its Series A described it as having the potential to become a leading brand in the plant-based category. Sector peers cited alongside it include Schuman's Vevan brand, Bel Group's Nurishh (being withdrawn), and Vertage Foods.

The company bases its cheese on olive oil rather than coconut or palm oil, citing taste, melt performance and minimal saturated fat, and formulates products to be free of gluten and a broad list of common allergens including nuts, seeds, soy and dairy, with vegan, non-GMO, Kosher, halal and in some cases Keto certifications. Press coverage noted it worked with both Beyond Meat (frozen pizza) and Impossible Foods (via White Castle's Impossible Slider).

Technology

Products are formulated with olive oil as the primary fat, combined with tapioca and potato starch and pea protein, engineered for melt performance and reduced saturated fat; earlier formulations used coconut oil. The joint venture is intended to support investment in new technologies and formulas for plant-based cheese.

Go-to-market

Distribution is through national and regional grocery retailers such as Walmart, Costco, Wegmans, ShopRite, Safeway, Price Chopper, Whole Foods and Bristol Farms, and online via Imperfect Foods, Instacart, Hungryroot, Misfits Market and PlantX. The company also uses foodservice and co-branding, including a White Castle test of its vegan cheddar with the Impossible Slider, and supports retail pull with coupons, a product request form for shoppers to ask stores to stock it, email and social channels, and recipe content.

Consumers seeking dairy-free, vegan or allergen-free cheese alternatives, including those with lactose intolerance or gluten, nut and other allergen sensitivities and those following Keto, Kosher or halal diets, reached through grocery retail; foodservice operators are addressed via the GPV Foods venture and quick-service partnerships.

Geography

The company is based in Bellevue, Washington, and sells across the United States, with products in over 1,200 retail doors nationwide as of August 2025 and named retailers including Walmart, Costco, Wegmans, ShopRite, Safeway, Price Chopper, Whole Foods and Bristol Farms. Manufacturing is in the USA using US and imported ingredients.

History

Good Planet Foods was founded by David Israel to offer plant-based alternatives to dairy cheese. It launched with coconut-oil-based products including shreds, slices, snackable wedges, smoked wheels and snack packs. In 2021 it announced a $12 million Series A led by Cleveland Avenue, around the same time that White Castle began testing its vegan cheddar with the Impossible Slider and the company announced a frozen pizza topped with its cheese and Beyond Meat sausage. In 2023 the company reformulated around olive oil in response to consumer feedback about saturated fat. In August 2025, described as an eight-year-old startup, it formed the GPV Foods joint venture with Schuman Cheese, a US dairy company operating since 1945 that entered plant-based with its Vevan brand in 2020.

Risks & controversies

The US vegan cheese category has faced weak retail performance, with 2024 dollar sales down 4% to $218 million and household penetration falling to 4%, prompting consolidation such as Bel Group's withdrawal of Nurishh. Regulatory risk includes the revived Dairy Pride Act, under which a bipartisan group of senators asked the FDA to bar terms such as 'milk', 'cheese' and 'yoghurt' on non-dairy products. The company's founder also signaled potential redundancies as part of the GPV Foods venture.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Combined retail distribution after joint ventureAug 20255,000 stores
HeadcountAug 202610
Retail doorsAug 20251,200 doors

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 5

by search overlap

Companies competing with Good Planet Foods for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Aug 2025
Joint venture GPV Foods formed with Schuman Cheese

Good Planet Foods and US dairy company Schuman Cheese formed GPV Foods, a new US entity combining Good Planet's retail business with Schuman's Vevan non-dairy cheese brand and its foodservice and ingredient expertise. Both brands remain distinct, with products available in nearly 5,000 stores; Vevan is set to reformulate recipes using Good Planet's olive oil platform. Founder and CEO David Israel indicated possible workforce consolidation following the venture.

source ↗

Jan 2023
Reformulation from coconut oil to olive oil base

The company switched its key ingredient to olive oil, paired with tapioca and potato starch and pea protein, in response to consumer feedback about saturated fat content.

source ↗

Mar 2021
White Castle begins testing GOOD PLANeT vegan cheddar

Fast-food chain White Castle began testing GOOD PLANeT Foods' vegan cheddar cheese as an option with its Impossible Slider at New York and New Jersey locations.

source ↗

Jan 2021
Plant-based frozen pizza announced

GOOD PLANeT announced plans to expand its retail line with a plant-based frozen pizza featuring its coconut oil-based cheese and vegan sausage made by Beyond Meat.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Good Planet FoodsDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Good Planet Foods do?
Bellevue-based maker of plant-based, allergen-free cheese shreds, slices and blocks built on an olive oil base.
Who founded Good Planet Foods?
Good Planet Foods was founded by David Israel in 2017.
Who are Good Planet Foods's investors?
Good Planet Foods's investors include Cleveland Avenue, GreatPoint Ventures, Lever VC, Stray Dog Capital.
How much funding has Good Planet Foods raised?
Good Planet Foods has disclosed $16.5M raised across 2 of its 3 known rounds.
Where is Good Planet Foods headquartered?
Good Planet Foods is headquartered in Bellevue, US.