Liquid Death Sells To Investors In Deeth

RAISE IMAGE: Josh Brolin, Deandre Hopkins & Mike Cessario DATE: 03/11/2024

COMPANY: Liquid Death INVESTORS: SuRo Capital, Science, Neal Brennan, Live Nation Entertainment, Josh Brolin, Kim Jefferies, Gray's Creek Capital Partners, Derrick Green & Deandre Hopkins

AMOUNT: $67,000,000 VALUATION: $1,400,000,000

NOTE: Liquid Death, a beverage company known for its edgy branding and commitment to sustainability, recently closed a $67 million financing round, bringing its valuation to a staggering $1.4 billion. Led by founder and CEO Mike Cessario, the funding will fuel nationwide distribution expansion and support product innovation, with plans to introduce new sparkling water and iced tea flavors this spring. Backed by notable investors including actor Josh Brolin and NFL All-Pro DeAndre Hopkins, Liquid Death reported impressive retail sales of $263 million in 2023, marking triple-digit growth for the third consecutive year. The company's rapid ascent and diverse product offerings signal a promising trajectory in the competitive beverage market, with plans for a potential IPO on the horizon.

HQ: #SantaMonica #California

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