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Mike Wystrach

“Helped create over $5 billion in enterprise value over the years and have raised more than $300 million for companies they founded.”

Biography

Short Bio (50 words)

Mike Wystrach is co-founder of Cutting Horse, a $75M growth equity firm partnered with founder-led consumer brands. He's helped create $5B+ in enterprise value — including Freshly, which he founded and sold to Nestlé for $1.5B. He also co-founded Petfolk and hosts The Advantage.

Full Bio (300 words)

Mike Wystrach is a serial founder, operator, and investor with 15+ years of experience building and backing consumer-focused companies. He grew up on a ranch in southern Arizona, where his parents ran the family steakhouse for nearly four decades — an upbringing that shaped his operating instincts and his belief that real businesses are built with real work.

Today, Mike is co-founder of Cutting Horse, a growth-equity firm built with longtime collaborator Chris Protasewich. The pair has helped create over $5B in enterprise value and raised more than $300M for companies they founded. Cutting Horse closed its $75M Fund I in February 2026 (oversubscribed) and partners with founder-led consumer brands across food, health, pet, and consumer services — including Ghia, Beam, Promix, Butternut Box, and Feel Goods.

Mike's operating track record anchors the firm. In 2012, he founded Freshly, raised $107M, scaled to 2,500 employees shipping 1M+ meals a week across all 48 states, and sold the company to Nestlé for $1.5 billion in October 2020. He also co-founded Petfolk with his sister Dr. Audrey Wystrach — modern, technology-driven veterinary care, now 40+ centers across 8 states with NPS 90+.

Mike is a Fortune contributor and hosts The Advantage, a podcast and weekly newsletter for founders and operators who've actually built something.

Quick Facts

Name
Michael "Mike" Wystrach
Current Role
Co-founder, Cutting Horse
Also Operating
Co-founder, Petfolk
Known For
Freshly ($1.5B exit to Nestlé)
Podcast
The Advantage
Writing
Fortune contributor

One-Sheet (PDF)

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Key Numbers

$5B+

Enterprise value created

$300M+

Raised for companies founded

$75M

Cutting Horse Fund I

14

Cutting Horse portfolio companies

$1.5B

Freshly exit to Nestlé · 2020

40+

Petfolk care centers · 8 states

Awards & Recognition

2026

$75M Fund I, Oversubscribed

Cutting Horse

Closed Fund I in Feb 2026, partnering with founder-led consumer brands across food, health, pet, and services

2023

Pet Solution of the Year

Pet Innovation Awards

Petfolk recognized as the industry-leading pet care solution

2024

Top 5 Most Loved Workplaces

Newsweek

Petfolk ranked top 5 on Newsweek's 2024 Global Most Loved Workplaces list

2020

$1.5B Exit to Nestlé

Freshly

Freshly acquired by Nestlé on October 30, 2020

2026

Fortune Contributor

Fortune

Commentary on AI, leadership, and scaling operating-intensive businesses

Multiple years

eTail Boston Speaker

Worldwide Business Research

Keynote on disrupting the $1.3T food industry

Featured In

Writing & Press

Hover to pause · click any story to read

Speaking Topics

Building & Scaling Without Compromising Culture

Leadership in High-Growth Companies

The Founder’s Journey: Wins, Losses, and What Matters

Building for Acquisition vs. Building for Impact

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