Bobbie (company)

Last updated
Bobbie
Company typePrivate
FounderLaura Modi and Sarah Hardy
Headquarters
San Francisco, California [1]
,
United States
Products Infant formula
Website www.hibobbie.com

Bobbie is an American infant formula company based in San Francisco, California. It was founded by Laura Modi and Sarah Hardy.

Contents

History

Bobbie was founded in 2018 by Laura Modi, an Irish-American who was working as an executive at Airbnb. [2] The idea behind the company came from her difficulty finding suitable baby formula to feed her first infant. [3] Sarah Hardy, a co-worker from Airbnb, also helped establish Bobbie in 2019. [4] [5] Bobbie's infant formula was made with organic ingredients and did not use corn syrup, palm oil, or soy. [6] Modi named the company Bobbie after her infant daughter's pronunciation of the word "bottle." [4]

In May 2023, the company released its second product, a formula it calls “organic gentle”, designed for fussy babies. [7]

The company also operates Bobbie Labs, a research and development hub which invests in research to expand its product offerings. [8]

In July 2023, the company acquired pediatric nutrition company Nature's One, after closing a $70 million Series C funding round. [9]

FDA recall and approval

An early version of Bobbie's European-style formula was initially recalled by the U.S. Food and Drug Administration (FDA) in 2019 due to concerns about the product labeling. [10] [11] The company revised the formula's labeling and the product became the first European-style formula to meet FDA requirements, and officially launched in January 2021. [12] [13]

In February 2022, the company's sales increased when Abbott Laboratories shut down and recalled its formula products, leading to a formula shortage. By July 2022, Bobbie's formula was being carried at Target. [14]

Ingredients

Bobbie's milk has high DHA content and 60:40 whey to casein ratio, similar to what is found in breast milk. [15] The milk is sourced from Organic Valley milk from pasture-raised cows around the U.S. and is manufactured in Ohio. [16] It is produced and processed in the United States but is also labelled "European-style," due to more restrictive EU formula requirements. [13] Bobbie claims to avoid high fructose corn syrup and palm oil. [6]

Related Research Articles

<span class="mw-page-title-main">Infant formula</span> Manufactured food designed for feeding infants

Infant formula, also called baby formula, simply formula, baby milk or infant milk, is designed and marketed for feeding to babies and infants under 12 months of age, usually prepared for bottle-feeding or cup-feeding from powder or liquid. The U.S. Federal Food, Drug, and Cosmetic Act (FFDCA) defines infant formula as "a food which purports to be or is represented for special dietary use solely as a food for infants by reason of its simulation of human milk or its suitability as a complete or partial substitute for human milk".

<span class="mw-page-title-main">Nestlé</span> Swiss multinational food company

Nestlé S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Switzerland. It has been the largest publicly held food company in the world, measured by revenue and other metrics, since 2014. It ranked No. 64 on the Fortune Global 500 in 2017. In 2023, the company was ranked 50th in the Forbes Global 2000.

<span class="mw-page-title-main">Baby bottle</span> Bottle containing liquid (usually milk or formula) to nourish infant

A baby bottle, nursing bottle, or feeding bottle is a bottle with a teat attached to it, which creates the ability to drink via suckling. It is typically used by infants and young children, or if someone cannot drink from a cup, for feeding oneself or being fed. It can also be used to feed non-human mammals.

<span class="mw-page-title-main">Weston A. Price Foundation</span> Organization

The Weston A. Price Foundation (WAPF), co-founded in 1999 by Sally Fallon (Morell) and nutritionist Mary G. Enig, is a U.S. 501(c)(3) nonprofit organization dedicated to "restoring nutrient-dense foods to the American diet through education, research and activism".

A boycott was launched in the United States on July 4, 1977, against the Swiss-based multinational food and drink processing corporation Nestlé. The boycott expanded into Europe in the early 1980s and was prompted by concerns about Nestlé's aggressive marketing of infant formulas, particularly in underdeveloped countries. The boycott has been cancelled and renewed because of the business practices of Nestlé and other substitute manufacturers monitored by the International Baby Food Action Network (IBFAN). Organizers of the boycott as well as public health researchers and experts consider breast milk to be the best nutrition source for infants. The World Health Organization (WHO) recommends infants to be exclusively breastfed for the first six months of their lives, nevertheless, sometimes nutritional gaps need to be filled if breastfeeding is not possible.

<span class="mw-page-title-main">Baby food</span> Food made especially for infants

Baby food is any soft, easily consumed food other than breastmilk or infant formula that is made specifically for human babies between six months and two years old. The food comes in many varieties and flavors that are purchased ready-made from producers, or it may be table food eaten by the family that has been mashed or otherwise broken down.

<span class="mw-page-title-main">Product recall</span> Request to return a product after the discovery of safety issues or product defects

A product recall is a request from a manufacturer to return a product after the discovery of safety issues or product defects that might endanger the consumer or put the maker or seller at risk of legal action. Product recalls are one of a number of corrective actions that can be taken for products that are deemed to be unsafe.

The International Code of Marketing of Breast-milk Substitutes is an international health policy framework for breastfeeding promotion adopted by the World Health Assembly (WHA) of the World Health Organization (WHO) in 1981. The Code was developed as a global public health strategy and recommends restrictions on the marketing of breast milk substitutes, such as infant formula, to ensure that mothers are not discouraged from breastfeeding and that substitutes are used safely if needed. The Code also covers ethical considerations and regulations for the marketing of feeding bottles and teats. A number of subsequent WHA resolutions have further clarified or extended certain provisions of the Code.

<span class="mw-page-title-main">Plant milk</span> Milk-like drink made from plant-based ingredients

Plant milk is a non-dairy beverage made from a water-based plant extract for flavoring and aroma. Plant milks are consumed as alternatives to dairy milk, and may provide a creamy mouthfeel.

<span class="mw-page-title-main">Milk substitute</span> Alternative substance that resembles milk

A milk substitute is any substance that resembles milk and can be used in the same ways as milk. Such substances may be variously known as non-dairy beverage, nut milk, grain milk, legume milk, mock milk and alternative milk.

<span class="mw-page-title-main">Milk Duds</span> Brand of caramel and cocoa confectionery

Milk Duds are a brand of candies made with chocolate, created in 1928 by Hoffman and Company of Chicago and now produced and marketed by The Hershey Company, under license from owners of the brand, Highlander Partners, a Dallas-based global private equity firm.

<span class="mw-page-title-main">Similac</span> Brand of infant formula

Similac is a brand of infant formula that was developed by Alfred Bosworth of Tufts University and marketed by Abbott Laboratories. It was first released in the late 1920s, and then reformulated and concentrated in 1951. Today, Similac is sold in 96 countries worldwide.

Enfamil is an American brand of infant formula that is made by Mead Johnson, a subsidiary of Reckitt. From 1989 through 2011, Mead Johnson used Beatrix Potter's Peter Rabbit on its U.S. packaging. However, in 2012, the company transitioned to its signature duck across its U.S. Enfamil product line. Enfamil is a product name associated with formulas for babies.

<span class="mw-page-title-main">Hershey's Cookies 'n' Creme</span> Candy bar

Hershey's Cookies 'n' Creme is a candy bar manufactured by The Hershey Company and first introduced in 1994.

In China, the adulteration and contamination of several food and feed ingredients with inexpensive melamine and other compounds, such as cyanuric acid, ammeline and ammelide, are common practice. These adulterants can be used to inflate the apparent protein content of products, so that inexpensive ingredients can pass for more expensive, concentrated proteins. Melamine by itself has not been thought to be very toxic to animals or humans except possibly in very high concentrations, but the combination of melamine and cyanuric acid has been implicated in kidney failure. Reports that cyanuric acid may be an independently and potentially widely used adulterant in China have heightened concerns for both animal and human health.

Critics and competitors of high-fructose corn syrup (HFCS), notably the sugar industry, have for many years used various public relations campaigns to claim the sweetener causes certain health conditions, despite the lack of scientific evidence that HFCS differs nutritionally from sugar. The HFCS industry has tried to respond to these campaigns with their own efforts.

<span class="mw-page-title-main">The Honest Company</span> Consumer goods company

The Honest Company, Inc. is an American digital-first consumer goods company, based in Los Angeles and founded by actress Jessica Alba, Christopher Gavigan, and Brian Lee. The company had $319 million in 2021 sales, and was valued at roughly $550 million as of February 2022. Chief Executive Officer Carla Vernón is one of the first Afro-Latina CEOs of a U.S. publicly traded company. The Honest Company has raised multiple rounds of venture capital, and went public via initial public offering in May 2021, generating over $100 million in capital. Honest serves the United States, China, Canada, and Europe.

<span class="mw-page-title-main">Shazi Visram</span> American businessperson

Shazi Visram is an American entrepreneur, investor, and philanthropist, best known as the founder, CEO, and Chief Mom of Happy Family Brands. In 2013, she was acknowledged by President Barack Obama as "not only an outstanding businesswoman, but also a leader that all of us can emulate."

<span class="mw-page-title-main">2022 United States infant formula shortage</span> Shortage of infant formula in the United States

In 2022, the United States experienced a severe shortage of infant formula as a result of the 2021–2022 global supply chain crisis compounded by a large scale product recall after two babies allegedly died after consuming Abbott infant formula, import restrictions, and market concentration. Unlike other food products, infant formula often does not have an available and acceptable substitute as a source of nutrition for those who rely on it. In addition to infants, the formula recalls affected non-infant medical patients who require nasogastric feeding or have certain other conditions.

Laura Modi is an Irish-American executive and the co-founder and CEO of Bobbie. Before Bobbie, she was director of hospitality at Airbnb.

References

  1. Schmidt, Melissa (2021-02-12). "An organic baby formula startup born from a mom's disappointment has hit the market". San Francisco Business Times. Retrieved 2023-03-27.
  2. Heaney, Katie (June 13, 2022). "This Baby-Formula Founder Considers Herself a Wartime CEO". The Cut. Retrieved 2023-03-27.
  3. "Bobbie CEO Laura Modi on creating organic infant formula, mission to stop formula shaming" . Retrieved 2023-03-27 via www.cbsnews.com.
  4. 1 2 Buchanan, Leigh. "How an Infant Formula Startup Survived an FDA Crackdown and Recall at Launch". Inc. Retrieved 2023-03-27.
  5. Wiedeman, Reeves (August 30, 2022). "Milk Money: The Start-Ups Racing to Shake Up the Baby Formula Industry". Intelligencer. Retrieved 2023-03-27.
  6. 1 2 "2 moms turn breastfeeding struggles into booming baby formula business". TODAY.com. Retrieved 2023-03-27.
  7. McGrath, Maggie (May 19, 2023). "Startup Bobbie Proves There's Profit In Baby Formula Despite The Dominance Of Industry Giants". Forbes. Retrieved July 20, 2023.
  8. Sousa, Rafaela (October 31, 2022). "Bobbie launches R&D hub to enhance infant nutrition". Foodbev. Retrieved July 20, 2023.
  9. Hall, CHristine (July 12, 2023). "Infant formula company Bobbie takes in $70M to acquire Nature's One". Techcrunch. Retrieved July 20, 2023.
  10. "How an infant formula startup recovered from an FDA recall". Fortune. Retrieved 2023-03-27.
  11. "A baby formula startup and the power of failing". Fortune. Retrieved 2023-03-27.
  12. Medaris, Anna. "American parents are obsessed with 'black market' European-style baby formula — now there's a legal alternative". Insider. Retrieved 2023-03-27.
  13. 1 2 Reader, Ruth (2022-03-15). "Baby formula-maker Bobbie raises another $50 million". Fast Company. Retrieved 2023-03-27.
  14. DiNapoli, Jessica (July 12, 2022). "Target to add Bobbie brand infant formula to stores as shortage persists". Reuters. Retrieved 2023-03-27.
  15. "Cleaning up infant formula: Bobbie sets new standard for the category". foodnavigator-usa.com. Retrieved 2023-03-27.
  16. Daniels, Melissa (January 9, 2024). "Citing unprecedented demand, Bobbie temporarily limits formula sales". Modern Retail. Retrieved February 20, 2024.