One of the stars of the Richmond startup scene has filed for Chapter 11 bankruptcy protection.
O’My Foods, which makes O’My Dairy Free Gelato, filed for reorganization in the Eastern District of Virginia in December. The company listed 50-99 creditors and liabilities between $1 million and $10 million. It listed assets at between $500,000 and $1 million.
Emails sent to founder Allison Monette and the bankruptcy attorney representing O’My Foods were not immediately returned.
Monette and Julie Bishop founded O’My Foods in 2017. Monette worked in marketing at PepsiCo and Altria and dreamed of creating a dessert line that catered to people with allergies and dietary restrictions. She approached Bishop, who worked at Ukrop’s in product development, about teaming up and building a company. The two worked together for two years and eventually developed a line of dairy-free gelato.
“I knew early on that I wanted to make a really clean label, delicious dessert,” Monette told Richmond…
Read the full story from the Washington Business Journal.