Van Leeuwen, a specialist US ice cream maker, has closed an investment round led by Strand Equity.
This marks Van Leeuwen’s first equity investment, although previously it closed a convertible note led by Blue Scorpion Investments in which Strand took part.
Van Leeuwen said the investment from Los Angeles-based Strand “positions the company for continued growth”.
Terms of the deal have not been disclosed.
Van Leeuwen, based in Brooklyn, New York, produces dairy-based and vegan ice cream products. It is both a retail business – with shops in New York and trucks in New York and Los Angeles – as well as selling its products into 700 retailers including Whole Foods Market and Fairway.
Laura O’Neill, co-founder and co-CEO of Van Leeuwen Ice Cream, said: “We have grown Van Leeuwen by being scrappy, lean and always in pursuit of perfection, never compromising the integrity of our products or brand DNA.
“Until now, we have done so without outside funding and took our time to find a partnership that felt just right. We found that in the team at Strand Equity, as their values and approach to supporting founders deeply resonate with our own.”
Strand Equity co-founder and managing partner Seth Rodsky said: “Van Leeuwen is an iconic Brooklyn brand with a cult-like following of loyal consumers who enjoy its innovative-yet-accessible ice cream.”