Vive Organic Closes $13-Million Series B Funding Round Led by Monogram Capital
07/23/20, 12:24 PM
Location
venice
Money raised
$13 million
Round Type
series b
Vive Organic, makers of doctor crafted, cold-pressed wellness shots, announces today the closing of a $13-million Series B funding round led by Monogram Capital with participation by Cambridge SPG and Powerplant Ventures. Vive is one of the leading functional beverage brands in the market today, providing customers with cold-pressed wellness shots that are formulated with a focus on boosting the immune system. The brand has seen explosive growth since inception in 2015, with an average of 400% growth year over year, and has cemented itself as the leader in this space. This backing from industry veterans further validates the growth opportunity within this category and consumer demand more broadly for immunity-boosting products
Company Info
Company
Vive Organic
Location
venice, california, united states
Additional Info
Vive Organic is the pioneer in cold pressed and plant-powered 2oz ready-to-drink wellness shots made from organic and sustainably sourced super-herbs. With the first function-focused shots on the market and the only ones formulated by a team of doctors, the Venice, California based brand strives in harnessing the power of nature’s most powerful ingredients for consumers seeking easy yet potent solutions to their daily wellness routines. The brand currently produces eight functional formulations including Immunity Boost, Wellness Rescue, Antioxidant Detox, and more. For more information on Vive Organic, please visit www.vive-organic.com.