Spindrift, maker of fizzy soda and gleaming water, has raised $29.8 million in a funding spherical, per an SEC filing. The Charlestown, Mass. firm used to be based mostly by Invoice Creelman and has raised $70 million in identified mission capital funding up to now, per Crunchbase files.
The firm did in a roundabout intention answer to search files from for inform.
Previous traders in the fizzy drink firm encompass Almanac Insights, KarpReilly, Lengthen Ventures, VMG Partners and more. Spindrift, based mostly in 2010, is up in opposition to expansive players, worship the most standard and an extended time-old school LaCroix, but any other gleaming water tag. Spindrift differentiates itself by emphasizing “staunch fruit” in its drinks. Snort cucumbers from Michigan, strawberries from California and Alfonso mangoes from India. A day ahead of the filing, Spindrift launched its pineapple flavor.
(In a fast aside looped up with a word we haven’t heard in a whereas: The firm additionally equipped a Golden Pineapple sweepstakes, the attach 13 winners will web a twelve months’s-supply of free Spindrift and a custom mini-fridge).
Now, it’s price stating that in San Francisco’s Marina district is but any other fruit-infused suppose to user tag, sans the bubbles. Ticket, based mostly in 2005 by Kara Goldin, has raised $26.5 million up to now from The Perkins Fund and Verlinvest to create naturally flavored fruit-essence water.
Today time, Spindrift raised greater than Ticket’s complete funding in a single fell swoop, and both brands, alongside the age-old school LaCroix, are synonymous with startup culture and recycling boxes. And that tells us that a minimal of in step with traders, the methodology forward for water is grand from, ahem, drying up.
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