Fundraising Fox

Pennpak Solutions

Bethlehem, US · Founded 2022 · Delaware corporation

pennpaksolutions.com ↗

PennPak Solutions is a contract manufacturer (co-manufacturer) of powdered beverages, dietary supplements, and nutritional bars, producing items such as sports drinks, electrolyte mixes, protein bars, and custom formulations. It serves brands, entrepreneurs, and businesses seeking to bring supplement and beverage powder products to market, offering formulation support, packaging options, and both small- and large-scale production.

Advanced ManufacturingFoodTechWellness & Fitness

Founders & leadership

RT
Richard ThompsonExecutive
TP
Tim PollakNamed on SEC filing
KC
Keith CaldwellNamed on SEC filing

Board

FB
Fernando BolanosBoard director
IS
Ira SteinbergBoard director

Reported raises · per SEC filings

Form D private placements

$26.7M disclosed across 6 rounds · 2022–2025

▶$2.3MraisedMar 2025 · 5 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard ThompsonExecutive Officer, Director
  • Fernando BolanosDirector
  • Ira SteinbergDirector
Offering amount
$2.5M
Amount sold
$2.3M
First sale
Mar 2025
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.5MraisedNov 2024 · 7 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard ThompsonExecutive Officer, Director
  • Ira SteinbergDirector
  • Fernando BolanosDirector
Offering amount
$3.5M
Amount sold
$3.5M
First sale
Nov 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.8MraisedAug 2024 · 6 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Fernando BolanosDirector
  • Richard ThompsonExecutive Officer, Director
  • Ira SteinbergDirector
Offering amount
$1.8M
Amount sold
$1.8M
First sale
Aug 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.6MraisedJun 2024 · 6 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Fernando BolanosDirector
  • Ira SteinbergDirector
  • Richard ThompsonExecutive Officer, Director
Offering amount
$4.6M
Amount sold
$4.6M
First sale
Apr 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3MraisedMay 2023 · 6 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Tim PollakDirector
  • Keith CaldwellExecutive Officer, Director
  • Richard ThompsonExecutive Officer, Director
  • Ira SteinbergDirector
  • Fernando BolanosDirector
Offering amount
$3M
Amount sold
$3M
First sale
May 2023
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$11.5MraisedJul 2022 · 5 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard ThompsonExecutive Officer, Director
  • Keith CaldwellExecutive Officer, Director
Offering amount
$11.5M
Amount sold
$11.5M
First sale
Jun 2022
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 1

by search overlap
PartnerSlate12 shared keywordsPartnerSlate operates a marketplace that connects consumer packaged goods brands with co-manufacturers, using human experts and AI matching to find manufacturing partners. The platform offers anonymized listings and curated matches for brands seeking co-manufacturing capabilities.

Companies competing with Pennpak Solutions for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Pennpak Solutions do?
PennPak Solutions is a contract manufacturer (co-manufacturer) of powdered beverages, dietary supplements, and nutritional bars, producing items such as sports drinks, electrolyte mixes, protein bars, and custom formulations. It serves brands, entrepreneurs, and businesses seeking to bring supplement and beverage powder products to market, offering formulation support, packaging options, and both small- and large-scale production.
How much funding has Pennpak Solutions raised?
Pennpak Solutions has disclosed $26.7M raised across 6 rounds.
Where is Pennpak Solutions headquartered?
Pennpak Solutions is headquartered in Bethlehem, US.