Jennifer Garner’s Once Upon a Farm Valued at $724 Million in IPO

Jennifer Garner during a Once Upon A Farm Refrigerated Oat Bar launch event in 2023.

Photographer: Jamie McCarthy/Getty Images

Once Upon a Farm PBC, the organic kids snacks maker co-founded by actress Jennifer Garner, and some of its investors raised $197.9 million in an initial public offering that priced at the midpoint of its marketed range.

The Berkeley, California-based company and the selling shareholders sold shares for $18 each, according to a statementBloomberg Terminal Thursday confirming an earlier Bloomberg News report. The company sold about 7.6 million shares and the selling holders priced around 3.4 million shares.