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Liquid Death closes $67 million in strategic financing from top distributors and new investors at $1.4 billion valuation.

Mar 11, 2024over 1 year ago

Amount Raised

$67 Million

Santa MonicaFood and Beverage

Investors

Gray's Creek Capital PartnersScience, Inc.Live NationSu Ro Capital

Description

Liquid Death has closed a $67 million financing round from strategic partners and new investors, including top national distributors, notable names in entertainment and sports, and institutional investors like SuRo Capital, Live Nation, Science, Inc., and Gray's Creek Capital Partners. The funding will be used to fuel growth, scale distribution, and innovate product lines.

Company Information

Company

Liquid Death

Location

1447 2ND STREET

Santa Monica, California, United States

About

Supplying Demand, Inc., doing business as Liquid Death, provides beverages. Liquid Death is a healthy beverage platform and one of the fastest growing non-alcoholic brands. They aim to make health and sustainability fun by packaging the healthiest drink into infinitely recyclable tallboy cans.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech