Funding Details
- Awarder
- StartEngine
- Date Award
- September 14, 2022
- Vertical
- Beverages
- Funding URL
- View Funding Page
- Premoney Valuation
-
$44,590,000
- Valuation
-
$44,590,000
Company Info
- Founding Year
- 2017
- Traction
- The company has sold more than 19 million+ cans to consumers across the country as of 12/31/21 and has grown 624% in net sales. Yerbaé has continued significant growth year over year, growing at a 4 year CAGR of +58%. They have a significant direct-to-consumer business through their own website and Amazon, experiencing exceptional growth through e-commerce with +217% 3 year CAGR and +45% vs. 2020.
- Revenue Amount
-
$6,000,000
- Organizations Involved
- None
- Founders
- Karrie Gibson, Todd Gibson
- Company Description
- Yerbae is a sparkling water technology company that specializes in plant-based energy beverages.
- Market
- Energy Drinks
- Location
-
Scottsdale,
AZ,
US
- Coinvestors
- None
Links