Cloud Water Brands (Convertible Note)

Funding Details
Awarder
WeFunder
Date Award
June 13, 2024
Vertical
Beverages
Funding URL
View Funding Page
Premoney Valuation
$19,000,000
Valuation
$17,000,000

Company Info
Founding Year
Not provided in the memo
Traction
Cloud Water Brands has achieved significant growth, with over 200% average annual growth year over year. They have secured partnerships with numerous stores and have a large pipeline of opportunities to expand their brand presence further.
Revenue Amount
$1,800,000
ARR
$4,000,000
Organizations Involved
Scott Mellanby, Don Lockton, Roger Silverstein, Nick Freedman, Bruce Nierenberg, 5Lion Ventures, ID8 Ventures
Founders
Marc Siden, Carol Dollard, David Song
Company Description
Cloud Water Brands offer natural hemp beverage with botanicals made from 25MG of hemp extract & sweetened with organic honey.
Market
Wellness
Location
New York, NY, US
Coinvestors
Liev Schreiber, Adam Fox NY Rangers, Malik Yoba

Links
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