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Love Good Fats

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Try our keto diet snack bars for low carb, keto and high fat diet

Mississauga, CanadaFounded 2016eCommerce & Marketplaces
Valuation $0–100M Latest valuation · 2020
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Love Good Fats

Love Good Fats has carved a significant niche in the health food sector by capitalizing on the consumer shift towards low-sugar, high-fat diets. The company was established in 2017 by Suzie Yorke, a 30-year veteran of the consumer packaged goods industry with marketing experience at major corporations like Procter & Gamble, PepsiCo, and Kraft Heinz. Yorke's motivation was deeply personal; after adhering to a low-fat diet for two decades and experiencing related health issues, she discovered the benefits of a high-fat, low-carbohydrate lifestyle after reading the book "The Big Fat Surprise" by Nina Teicholz.

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Identifying a gap in the market for convenient, tasty snacks that fit this dietary profile, Yorke, at age 50, invested her life savings to launch the brand. The company's core business is the production and sale of snack bars and shakes that are low in sugar (typically 1-2 grams), high in beneficial fats, and keto-certified. These products are designed for health-conscious consumers, particularly those following ketogenic or low-carbohydrate lifestyles, and are sold through a multi-channel distribution network. Revenue is generated through sales in over 20,000 retail stores across North America, including major players like Whole Foods, Walmart, Kroger, and Costco, as well as via e-commerce platforms.

The product lineup features various bar types, such as truffle-style and chewy-nutty bars, and creamy shakes. Key selling points include their composition of "good fats" from sources like coconut oil and nut butters, low net carbohydrate counts (4-5 grams), and clean-label attributes like being gluten-free, soy-free, and non-GMO project verified. The company experienced rapid expansion, reaching over $100 million in revenue within its first three years. This growth was supported by several rounds of funding, including a $10.7 million equity financing round in October 2020. In 2024, the company's leadership transitioned to a team of food entrepreneurs—Patrick, Tammy, and Jon—who continue to build on Yorke's original mission.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Mississauga, Canada
Employees
9
Open positions
None listed
Dealroom signal
66.1/100
Industry
Food
Sector
eCommerce & Marketplaces
Business model
Marketplace & ecommerce
Client focus
b2c

Latest news

Press, funding announcements and product moves mentioning Love Good Fats.

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Oct 2020 $11M $43M Investeco Capital · Export Development Canada
EARLY VCOther financing Dec 2018 $5M $20M Undisclosed
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020
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Growth signals

Love Good Fats website traffic

Latest recorded traffic for Love Good Fats is 4.4K monthly website visits, down 39.7% over the last three months. Love Good Fats's team declined 10% over the past year.

Latest monthly visits4.4K 3-month web change-39.7% 1-year team growth-10%
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Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • District Ventures Capital

Series A2 investors entered at this stage

  • Investeco Capital
  • Export Development Canada

Other known investors1 additional known investor

  • Venture Park Labs
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇦 Canada83.3%
🇺🇸 United States16.7%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Love Good Fats on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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