Waterdrop Microdrinks LLC

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Waterdrop Microdrinks LLC - overview

Established

2016

Location

Vienna, -, Austria

Primary Industry

Consumer Products

About

Waterdrop Microdrinks LLC specializes in innovative hydration solutions, offering products like flavored Microdrinks that enhance water intake. The company caters to health-conscious consumers looking for flavorful beverage alternatives. Waterdrop Microdrinks LLC, founded in 2016 and headquartered in Vienna, Austria, focuses on innovative hydration solutions. The company has raised a total of EUR 60.


000 mn through 6 funding deals, with the most recent Series B round in January 2022 led by Temasek Holdings, alongside Bitburger Ventures and Founders Future. The founders include Christoph Hermann, Dikshant Khapardey, Felix Jörgens, Henry Murray, Martin Murray, Rohit Pandey, and Thomas Murray, with Martin Murray currently serving as CEO. waterdrop® specializes in innovative hydration solutions with its flagship product, the Microdrink. These microdrinks enhance daily water intake through small, flavored cubes that dissolve in water, offering a refreshing drink with added vitamins and zero sugar.


The company also provides ICED TEA and Microlyte for daily hydration and physical activity, targeting health-conscious consumers across markets like the United States, Germany, France, Australia, and several countries in the European Union. In 2023, waterdrop® generated a revenue of EUR 86,312,809. 40, reporting an EBITDA loss of EUR -36,885,394. 10.


The revenue model is centered on direct-to-consumer sales and subscription services, allowing customers to purchase products or subscribe for regular deliveries. Following a EUR 60. 000 mn Series B funding in January 2022, led by Temasek Holdings, waterdrop® plans to utilize the capital to expand into the US and Asian markets. The company aims to develop new products while enhancing its presence in existing markets, aligning with its growth strategy.


Current Investors

Doehler Ventures, Bitburger Ventures, Founders Future

Primary Industry

Consumer Products

Sub Industries

Accessories, Health Foods & Nutritional Supplements

Website

www.waterdrop.com

Verticals

E-commerce, Manufacturing

Company Stage

Series B

Total Amount Raised

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