After receiving revenue-based financing from Flow Capital in 2016, Factor 75 (now renamed to Factor) was able to grow the size and value of its business significantly, expanding geographically and into adjacent markets. Factor has been ranked as one of Inc. Magazine’s Fastest-Growing Private Companies in America for three consecutive years. Within that timeframe, their 3-year-growth came out to 1,018%.
“Flow’s revenue-based financing was phenomenal for Factor 75, providing flexible capital that helped enable our company’s very high growth rate. Flow has been a super supportive investor and advisor to our business,” stated Mike Apostal, CEO of Factor 75.
“Factor 75 is a case study of how Flow Capital helps entrepreneurs accrete equity value while minimizing dilution. We are so pleased to have played a small role in Factor 75’s ongoing success. We congratulate Mike, Nick, and the entire Factor 75 team,” said Robb McLarty, CIO of Flow Capital.
Factor 75 is an online, subscription-based, personalized chef delivery service that provides “nutrition for performance.” The company’s name stands for the philosophy that 75% of fitness results and everyday performance derive from diet. The market of customized meal delivery services has taken the world by storm over the last few years as consumers look for nutritious and affordable meals that meet the demands of their busy lifestyles:
Update: Factor Named to the Inc. 5000 for the Third Consecutive Year