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Rhys Powell
Founder and CEO of Red Rabbit
Rhys Powell is the Founder and CEO of Red Rabbit, LLC, a company he established in August 2005.1 Red Rabbit is recognized as the country's premier Black-owned K-12 school food management company, serving delicious and thoughtful meals to children in urban schools throughout the Northeast and Mid-Atlantic regions.1
Background and Education
Rhys Powell received his SB in Computer Science and Engineering from the Massachusetts Institute of Technology, graduating in 2000.1 Before founding Red Rabbit, he gained experience in the financial sector, working as an Equity Trader and Analyst at Carlin Financial Group from 2003 to 2005, and as a Securities Trader at Spectrum Capital Partners from 2001 to 2002.1
Red Rabbit, LLC
Under Powell's leadership, Red Rabbit has developed a scalable for-profit model that addresses both childhood nutrition and inequity in urban schools.1 The company is committed to uplifting communities of color through its food service programs. Powell has successfully raised multiple investment rounds led by impact investors Kapor Capital and Serious Change LP.1
Achievements and Recognition
Rhys Powell has received several accolades for his work with Red Rabbit:
- Manhattan Small Business of the Year award from New York City
- Named in Crain's 40 Under 40 list by Crain's New York Business
- Recognized as one of the 100 Most Intriguing Entrepreneurs by the Builders and Innovators Summit1
Company Culture and Values
Powell has built a diverse leadership team at Red Rabbit, with 75% women executives and a Board that is 65% people of color.1 The company became an early B-Corp and maintains memberships in the Social Venture Network and the School Nutrition Association, demonstrating its commitment to social responsibility and industry engagement.1
Rhys Powell's work with Red Rabbit showcases his dedication to addressing childhood nutrition, social justice, and community upliftment through innovative business practices in the education sector.