Day One Beverages Inc.
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Day One Beverages Inc. - overview
Established
2019
Location
Venice, CA, US
Primary Industry
Consumer Products
About
Based in California, US, and founded in 2019, Day One Beverages Inc. is a consumer product company manufacturing Cannabidiol (CBD) water. In June 2022, the firm raised USD 1. 97 million in venture funding led by Vincere Capital Biotech LLC.
The firm as of October 2022 is led by its CEO, Chris Clifford. The company manufactures and commercializes fruity-flavored CBD sparkling water to hydrate and heal the mind and body, making users feel balanced and focused. The through offers its Grapefruit, Lemon and Lime flavored beverages with ingredients including carbonated water, hemp extract, natural fruit concentrates and flavors, zero sugar, and zero calories, through its e-commerce platform and over 160 partner stores. The firm generates its revenue by selling its CBD cans at a cost of USD 36 per 12 cans.
The company plans to utilize its June 2022, funding to continue its growth and compete in the burgeoning CBD wellness category.
Current Investors
Vincere Capital Biotech LLC
Primary Industry
Consumer Products
Sub Industries
Non-Alcoholic Beverages
Website
www.drinkdayone.com
Verticals
E-commerce, Manufacturing
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
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