/Companies

Karat Packaging

NASDAQ: KRT

Chino, US · Founded 2018 · Delaware corporation

Find your way into Karat Packaging

Karat Packaging supplies foodservice and restaurant products, including disposable cups, lids, to-go containers, gloves, and janitorial items, as well as boba and beverage supplies such as tapioca pearls, powders, and teas. It sells to restaurants and boba tea shops through its Lollicupstore retail channel and bulk sales team.

Founders & leadership

Karat Packaging was founded in 2018 by Alan Yu.

AYAlan Yu
Alan YuFounderAlan Yu is an executive officer and director at Karat Packaging (formerly Lollicup), a manufacturer of disposable paper and plastic products founded in 2000 that serves over 50,000 customers across North America.
JG
Jian GuoChief Financial Officer and Director
JW
Joanne WangNamed on SEC filing
MC
Marvin ChengNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$1.9M disclosed across 1 round · 2018

▶$1.9MraisedDec 2018 · 11 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Alan YuExecutive Officer, Director
  • Joanne WangExecutive Officer
  • Marvin ChengExecutive Officer, Director
Offering amount
$1.9M
Amount sold
$1.9M
First sale
Oct 2018
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Valuation · disclosed

Disclosed events
$305.9Mvaluation at IPOApr 2021 · $16.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

In the news

Frequently asked questions

What does Karat Packaging do?
Karat Packaging supplies foodservice and restaurant products, including disposable cups, lids, to-go containers, gloves, and janitorial items, as well as boba and beverage supplies such as tapioca pearls, powders, and teas. It sells to restaurants and boba tea shops through its Lollicupstore retail channel and bulk sales team.
Who founded Karat Packaging?
Karat Packaging was founded by Alan Yu in 2018.
How much funding has Karat Packaging raised?
Karat Packaging has disclosed $1.9M raised across 1 round.
Where is Karat Packaging headquartered?
Karat Packaging is headquartered in Chino, US.