Organic Baby Food Maker Once Upon a Farm Goes Public with Multi-Million Dollar Debut
New York, Sunday, 20 September 2026.
Once Upon a Farm raised $140 million in its February 2026 public market debut. Co-founder Jennifer Garner’s active 7% stake highlights strong investor interest in sustainable consumer brands.
Organic Baby Food Maker Once Upon a Farm Goes Public with Multi-Million Dollar Debut
Once Upon a Farm raised $140 million in its February 2026 public market debut [1]. Co-founder Jennifer Garner’s active 7% stake highlights strong investor interest in sustainable consumer brands [2]. The children’s food company completed its initial public offering on the New York Stock Exchange, marking a significant milestone since its founding in 2015 [3].
IPO Structure and Market Debut
The company went public on February 9, 2026, at an offering price of $18 per share [4]. This offering valued the company at about $724 million at the IPO price [5]. Once Upon a Farm reported roughly $139.3 million in net proceeds after underwriting discounts, commissions, and offering expenses [1]. The firm issued 7,631,537 new shares, while existing stockholders sold 3,365,672 shares [2]. Underwriters were granted the right to purchase an additional 1,649,581 shares [3]. Trading under the ticker OFRM, the stock began its journey on the public market [4].
Jennifer Garner’s Stake and Valuation Shifts
Jennifer Garner joined Once Upon a Farm as a co-founder in 2017, nearly a decade before the company went public [5]. Per SEC filings, she holds 3,057,280 shares, representing about 7.1% of the company [1]. Forbes reported Garner’s stake was worth about $64 million at the end of the first trading day [2]. However, by August 2026, Forbes reported Garner remained the largest shareholder with a 7% stake, but its value had slipped to around $55 million as the stock moved [3]. This represents a value change calculated as -14.063 from the initial public valuation [4]. Her holding, like any public equity, tracks market swings rather than a fixed figure [5].
Investor Sentiment and Future Outlook
Once Upon a Farm’s listing tests investor appetite for celebrity-backed consumer brands built over years rather than quick exits [1]. Garner’s near-decade tenure as an active director sets it apart from arrangements where a famous name lends little beyond marketing [2]. The move highlights growing investor appetite for premium consumer packaged goods and sustainable food brands navigating expansion in major retail channels across the United States [3]. As of September 2026, the company continues to navigate the public market landscape [4].