What Epogee does

Epogee is a food technology company that develops and produces EPG (Esterified Propoxylated Glycerol), a patented plant-based fat replacer engineered to deliver the sensory properties of traditional fat at a fraction of the caloric load. The molecule is built on a glycerol backbone with propylene glycol bridges and fatty acid tails; this structure resists breakdown by lipases, causing EPG to pass through the digestive system largely intact and contributing only 0.7 calories per gram versus 9 calories per gram for conventional fat. EPG has received GRAS (Generally Recognized as Safe) status supported by three FDA 'no questions' letters, is certified Kosher and Halal, and is approved for use across baked goods, ice cream, confections, snack foods and bars, fried foods, sauces, nut butters, and spreads. The company operates as a B2B specialty ingredient supplier selling EPG to consumer packaged goods brands and food manufacturers for product reformulation.

Founded in 2011 and historically operating with 1-10 employees, Epogee was acquired in May 2025 by David Protein, a protein bar brand founded by Peter Rahal (creator of RXBAR), as part of a $75 million Series A led by Greenoaks and Valor Equity Partners at a $725 million post-money valuation. Following the acquisition, David Protein expanded EPG manufacturing capacity five-fold to support both its own consumer products and external B2B supply, but terminated supply to approximately 12 former Epogee clients, triggering antitrust litigation from three food companies and a federal class action alleging mislabeling of calorie and fat content on David Protein bars. The company is legally organized as Epogee, LLC, domiciled in New York (with firmographic location listed as Indianapolis), and continues to operate as a subsidiary of David Protein with its headquarters at 169 Madison Avenue, New York.

Name

Epogee

Legal name

Epogee, LLC

Website

https://epogee.com

Company type

Private

Founded year

2011

Operating status

Acquired

Headcount range

1–10 employees

Short description

Epogee is a food technology company that produces EPG, a patented plant-based fat replacer providing the taste and texture of traditional fat at 0.7 calories per gram. It supplies CPG brands and food manufacturers as a B2B specialty ingredient, and operates as a subsidiary of David Protein following its May 2025 acquisition.

Ownership category

akta.pro rank

Product category

Specialty Food Ingredients

NAICS

Fats and Oils Refining and Blending (311225)

SIC

Fats & Oils (2070)

akta.pro primary industry

Structured Lipids & Oleogels (Fat Replacers, Organogels) (AFAJALAJ)

akta.pro secondary industry

Fats, Oils & Lipid Ingredients (Specialty Oils, MCTs, Structured Lipids) (CRADAOAL)

Keywords

• Fat replacement ingredients
• Low-calorie food ingredients
• Plant-based fat replacer
• Food science technology
• Specialty food ingredients

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel

Revenue model

1. B2B Ingredient Sales: Epogee sells EPG as an ingredient to CPG brands and food manufacturers. Following the David Protein acquisition, the company is expanding its B2B ingredient business while also supplying internally to David Protein products.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Epogee produces and sells EPG (Esterified Propoxylated Glycerol), a single patented plant-based fat-replacement food ingredient, to CPG brands and food manufacturers. EPG delivers the taste and texture of traditional fat at 0.7 calories per gram versus 9 calories per gram, enabling reduced-calorie reformulation across baked goods, ice cream, confections, snack foods, fried foods, sauces, nut butters, and spreads. Following May 2025 acquisition by David Protein, Epogee also supplies EPG internally for parent company consumer products.

Product overview

Epogee is a food technology company that produces EPG (Esterified Propoxylated Glycerol), a single patented fat-replacement ingredient. The company operates as a B2B ingredient supplier, selling EPG to food manufacturers for use in applications including baked goods, ice cream, confections, snack foods and bars, fried foods, sauces, nut butters, and spreads. Epogee was acquired by David Protein in May 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• EPG (Esterified Propoxylated Glycerol) Plant-based fat-replacement food ingredient delivering the taste, texture, and cooking performance of traditional fat at 0.7 calories per gram (up to 92% fewer calories than the 9 cal/gram of conventional fat). Patented molecular structure with propylene glycol bridges resists lipase digestion and passes through the body largely undigested. Sold to CPG brands and food manufacturers for use in baked goods, ice cream, confections, snack foods and bars, fried foods, sauces, nut butters, and spreads. GRAS, Kosher, and Halal certified.

Quantifiable outcome

• Up to 92% fewer calories absorbed compared to traditional fat
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• David ProteincoreStrategic or Co-development Partner · 1 May 2025David Protein acquired Epogee in May 2025 for approximately $75 million as part of its Series A funding round. The acquisition gave David Protein control of the sole supplier of EPG, a key ingredient for low-calorie protein bars. David Protein subsequently terminated supply to at least 12 former Epogee clients, prompting antitrust litigation.

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Cargill: One of the world's largest agricultural commodity and specialty ingredient companies, including oils and fats. Comparable as a B2B supplier to food manufacturers, though vastly broader in portfolio and global reach.
• Bunge Limited: Major oilseed processor and edible oils supplier with global CPG customers. Comparable as a fats and oils ingredient supplier serving similar customers, but at vastly larger scale.
• Ingredion: Specialty ingredient supplier with texturants and starch-based fat replacers. Comparable as a B2B ingredient partner targeting reduced-calorie and clean-label CPG reformulation, though focused on carbohydrate-based systems.
• Upfield: Global leader in plant-based spreads and margarines (Flora, Country Crock). Comparable as a manufacturer of fat-mimicking and reduced-fat consumer products targeting health-conscious consumers.
• Kerry Group: Global taste and nutrition ingredients supplier serving CPG customers. Comparable as a B2B ingredient supplier addressing reduced-calorie and functional food reformulation, but with broader portfolio.
• DSM-Firmenich: Specialty ingredients and flavors major with presence in nutritional lipids and food enzymes. Comparable as a B2B supplier of functional food ingredients targeting calorie reduction and metabolic health, though at far greater scale.
• Tate & Lyle: Specialty food ingredients company with strong positions in low-calorie sweeteners and texturants. Comparable as a calorie-reduction ingredient supplier (e.g., SPLENDA) and B2B CPG partner, though focused on carbohydrates not fats.
• AAK (AarhusKarlshamn): Global specialty oils and fats supplier serving CPG manufacturers across bakery, dairy, and confectionery. Highly comparable as a B2B ingredient vendor in the fats and oils category, though broader and not focused on calorie reduction.
• ADM (Archer Daniels Midland): Global food ingredient and oilseed processor with a sizable specialty fats and oils portfolio. Comparable as a B2B supplier to CPG and food manufacturers, with overlapping customer base.

Emerging players

• ABF Ingredients (AB Mauri): Specialty ingredient business of Associated British Foods focused on bakery and food ingredients, including functional and reduced-fat systems. Comparable as a CPG-ingredient supplier with overlap in fat-replacement and reformulation use cases.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/epogee-llc
• Xx.com/EpogeeWonderFat

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Epogee