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
- Funding Amount:
- $250,000
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