SupplyCaddy Secures $20M Growth Capital from CEAS Investments

News provided bySupplyCaddy · 2 min read

SupplyCaddy, a Miami-based company specializing in custom packaging and supply chain solutions, has secured an additional $20 million in growth capital from existing investor CEAS Investments. This investment follows the company's rapid growth, which has seen it more than double its staff and nearly triple its customer base over the past year.

Founded in 2020, SupplyCaddy has established itself as a leading partner to the restaurant industry, serving over 70 brands across 6,500 locations in North America and nine international markets. Notable clients include sweetgreen, Dave's Hot Chicken, Swig, Huey Magoo's, and Burger King.

"We set out to create a company that prioritizes relationships and long-term partnerships over short-term gains," said Zachary Stein, Co-Founder and CEO of SupplyCaddy. "This investment will allow us to expand our capabilities and better serve the needs of our growing customer base."

SupplyCaddy operates as an extension of its customers' procurement, operations, and supply chain teams. Its integrated approach combines global sourcing, custom packaging development, manufacturing, inventory planning, logistics coordination, and sustainable material solutions into a single accountable partner. This model enables SupplyCaddy to meet the diverse packaging needs of midsize and large restaurant brands.

"We believe the future of the packaging industry lies in companies that can provide both personal service and global scale," added Bradley Saveth, Co-Founder, President, and COO of SupplyCaddy. "Our focus remains on delivering high-quality, innovative packaging solutions while maintaining close relationships with our customers."

To support its growth, SupplyCaddy plans to use the new capital to expand its manufacturing network, accelerate packaging innovation and sustainable material development, strengthen its technology and logistics infrastructure, and enhance customer support. The company also aims to enter additional international markets and add talent across sourcing, operations, and product development.

"The restaurant industry has evolved, and packaging now plays a critical role in overall performance," said Mike Wohl, Chief Investment Officer of CEAS Investments. "SupplyCaddy has built a scalable platform that can meet the complex needs of restaurant brands, and we are excited to support their continued growth."

In addition to its core services, SupplyCaddy has also launched Delivered: The Journey of Packaging, a podcast series featuring industry leaders and founders. The podcast has explored topics such as entrepreneurship, leadership, and innovation in the restaurant and foodservice industries.

SupplyCaddy's commitment to the restaurant industry extends beyond its services. The company's founders, Zachary Stein and Bradley Saveth, have also provided strategic support to early and growth-stage foodservice companies, including their investment in Brooklyn Dumpling Shop, an Asian-inspired fast-casual restaurant brand with 22 locations.

With this latest funding, SupplyCaddy aims to help restaurant brands build more resilient supply chains, accelerate product development, and simplify complex packaging programs. The company's focus remains on strengthening partnerships with the founders, operators, and executive teams shaping the future of foodservice.

"We are excited about the opportunities ahead," said Stein. "Our goal is to continue building SupplyCaddy into a trusted partner that can help restaurant brands succeed in a rapidly changing industry."

SupplyCaddy's comprehensive approach to packaging and supply chain management positions it as a key player in the evolving restaurant industry.

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