Thomas Spier is the Founder and Managing Partner of BFG Partners (also known as Boulder Food Group). See sector focus and contact routes.
Thomas Spier is the Founder and Managing Partner of BFG Partners (also known as Boulder Food Group), a venture capital firm he launched in Boulder, CO in 2014 after successfully selling his previous food companies, Bear Naked and EVOL Foods, to major corporations [1][7]. His investment thesis targets early-stage consumer packaged goods companies, specifically focusing on food, beverage, personal care, and marketing tech from seed through Series B stages, with a geographic scope covering the United States, Canada, and Europe [3][7][8]. Spier typically invests check sizes ranging from $100,000 to $5.0 million, prioritizing businesses that demonstrate robust profitability and capital efficiency with manufacturing margins of at least 50% [3][8][10]. Notable portfolio companies include the prebiotic beverage brand Olipop, the cauliflower pizza crust brand Caulipower, and the granola company Bobo's, alongside past board roles at Chameleon Cold Brew and Birch Benders [1][3]. A distinctive point of view held by Spier and his firm is that the plant-based foods movement remains in its infancy and will continue gaining mainstream appeal, while also expanding into personal care in their third
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