What is Lavit?
Lavit operates within the beverage technology industry, offering a unique single-serve water cooler system. This system allows consumers to customize their beverages with a variety of sparkling and still water flavors. Based in New York, New York, Lavit aims to provide an eco-friendly alternative to traditional single-use beverage packaging, focusing on sustainability and personalized hydration solutions.
How much funding has Lavit raised?
Lavit has raised a total of $7.7M across 2 funding rounds:
Debt
$150K
Series A
$7.5M
Debt (2020): $150K with participation from PPP
Series A (2021): $7.5M led by Coca-Cola European Partners and Branded Hospitality Group
Key Investors in Lavit
Coca-Cola European Partners
Coca-Cola European Partners is a major player in the European FMCG sector, known for its extensive portfolio of leading beverage brands and commitment to offering diverse drink options.
Branded Hospitality Group
Branded Hospitality Group is an entity involved in the company's funding rounds, though specific details regarding their investment focus are not publicly disclosed.
PPP
Public-Private Partnership
What's next for Lavit?
The recent major strategic investment signals Lavit's readiness to scale its operations and enhance its technological offerings. With substantial backing, the company is poised to expand its market reach, potentially exploring new flavor profiles and distribution channels. This infusion of capital is expected to fuel innovation in sustainable beverage dispensing and solidify Lavit's position as a leader in the eco-conscious consumer goods market.
See full Lavit company page
