Ali Kaminetsky founded Modern Picnic in 2018: the company offers vegan-leather lunch boxes designed to look like handbags, with prices ranging from $59 to $250. Modern Picnic's 2021 revenue tripled from the previous year as Kaminetsky discovered new uses for her bags.
Modern Picnic closed a $900,000 round of pre-seed funding in April 2021, led by Michael Cline, founder of Fandango. Other investors included Backstage Capital, Michelle Cordeiro Grant, Yossi Nasser, and Michael Setola.