Ignite USA, LLC
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Ignite USA, LLC - overview
Established
1999
Location
Chicago, IL, US
Primary Industry
Materials
About
Ignite USA, LLC develops innovative hydration solutions and is known for its functional drinkware that includes travel mugs, water bottles, and tumblers for everyday and active use. Ignite USA, LLC, founded in 1999, is based in Chicago, US. The company specializes in designing hydration products and was sold to Newell Rubbermaid in September 2014 for USD 308 mn, following an exit by North Castle Partners. The CEO and founder, Franco Origlia, has a history in product innovation and management in the consumer goods sector.
Contigo specializes in the design and manufacture of hydration solutions including travel mugs, water bottles, and tumblers. The company’s offerings are characterized by their innovative, leakproof designs, catering to both active lifestyles and everyday hydration needs. Notable products include the Jackson Chill 2. 0 and Shake & Go Tumbler, both launched in February, as well as the Streeterville 40 oz Tumbler, known for its long-lasting insulation and adaptable straw lid.
Contigo's customer base encompasses individuals seeking functional and stylish hydration options, including health-conscious consumers, busy professionals, and families with children. Their products are sold primarily within the United States and have begun to reach international markets, including Canada and select regions in Latin America. Contigo generates revenue through direct-to-consumer sales as well as partnerships with retailers and wholesalers. Transactions typically occur in retail settings or online platforms, where consumers purchase individual products.
The company's pricing structure includes premium items like the AUTOSEAL® West Loop Travel Mug and various stainless steel water bottles, which are competitively priced within the market. The direct sales model allows for a seamless shopping experience, while partnerships with major retailers enhance product visibility and accessibility. Contigo's focus on quality and innovative features, such as spill-proof technology and stylish designs, supports its value proposition within the hydration segment. Ignite USA, LLC is focused on expanding its product line with new hydration solutions expected to launch in the coming years.
The company aims to tap into international markets, specifically targeting expansion in regions such as Europe and Asia by 2025. The recent funding from the Trade Sale in July 2014, where the company raised USD 308 mn, has been strategically allocated to support product development and market expansion initiatives.
Primary Industry
Materials
Sub Industries
Rubber & Plastics
Website
www.gocontigo.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Ignite USA, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Ignite USA, LLC | - | ||||||||
| Growth | Completed | Ignite USA, LLC | - |
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