Powerful, a fast-growing Miami food & beverage startup, attracts $4 million in funding

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Powerful, a Miami-based food and beverage startup offering all-natural, high-protein products for active lifestyles, has been on a growth tear the past year, doubling the number of U.S. stores the product is sold in. Now the company has raised $4 million in funding as it expands into additional product categories.

The Series B funding was led by River Hollow Partners, a lower mid-market private equity firm focused on consumer and retail brands in the natural products space. The company has also secured ABL financing through a partnership with Gerber Finance, a leading asset-based lending financial company with headquarters in New York City.