How Much Did Citizen Cider Raise?
Funding & Key Investors

Citizen Cider has successfully navigated the competitive craft beverage landscape, securing a total capital infusion of $1.2M to bolster its operational footprint. The most recent strategic investment of $350K marks a pivotal moment for the Burlington-based producer, signaling a shift toward broader market penetration and enhanced production capabilities. By leveraging these financial resources, the company continues to solidify its position as a leader in the hard cider segment, balancing traditional fermentation techniques with modern, scalable manufacturing processes.

What is Citizen Cider?

Citizen Cider
ManufacturingFood & BeverageHospitality

Headquartered in Burlington, Vermont, Citizen Cider specializes in the production of premium hard cider, utilizing locally sourced apples from the Vermont and New York regions. The company distinguishes itself through a dual-revenue model: maintaining a robust proprietary brand portfolio while simultaneously offering specialized co-packing services for external beverage brands. This operational versatility allows Citizen Cider to maximize facility utilization and maintain high-quality standards across its diverse product lineup. By integrating innovative ingredient sourcing with time-honored cider-making traditions, the firm has cultivated a loyal consumer base and a reputation for excellence in the craft alcohol industry.

How much funding has Citizen Cider raised?

Citizen Cider has raised a total of $1.2M across 2 funding rounds:

2017

Private Equity

$850K

2020

Debt

$350K

Private Equity (2017): $850K, investors not publicly disclosed

Debt (2020): $350K led by PPP

Key Investors in Citizen Cider

Undisclosed Private Equity

An investment firm focused on providing growth capital to established consumer goods companies looking to scale operations.

PPP

Public-Private Partnership

What's next for Citizen Cider?

With the infusion of major strategic capital, Citizen Cider is well-positioned to scale its infrastructure and expand its distribution network. The company's focus on co-packing services suggests a strategic intent to become a central hub for regional beverage manufacturing, potentially capturing additional market share in the craft alcohol sector. Future growth will likely center on optimizing supply chain efficiencies and exploring new product formulations that cater to evolving consumer preferences. As the firm matures, the emphasis will remain on maintaining the integrity of its local sourcing model while scaling operations to meet the demands of a larger, more diverse market.

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Frequently Asked Questions Regarding Citizen Cider Financial Insights

What are the most recent funding rounds that Citizen Cider has completed, and what were the funding rounds?
Citizen Cider has recently completed 2 funding rounds: Debt on Apr 3, 2020, Private Equity on Oct 23, 2017.
What is the total amount of funding Citizen Cider has raised to date?
Citizen Cider has raised a total of $1.2M in funding to date.
How many funding rounds has Citizen Cider completed?
Citizen Cider has completed 2 funding rounds.
How much funding did Citizen Cider raise in its most recent funding round?
Citizen Cider raised $350K in its most recent funding round.
Who are the lead investors in Citizen Cider's latest funding round?
The lead investor in Citizen Cider's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Citizen Cider's history?
The largest funding round in Citizen Cider's history was $850K.
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