What is Zevia?
Zevia PBC is dedicated to addressing the global health crisis stemming from excessive sugar intake by providing a comprehensive range of zero-sugar, zero-calorie beverages sweetened naturally. Each Zevia® product is crafted using a concise list of simple, plant-based ingredients, free from artificial sweeteners. The beverages are Non-GMO Project verified, gluten-free, Kosher, vegan, and contain zero sodium. By 2022, Zevia® beverages achieved distribution in over 31,000 retail locations across the U.S. and Canada, partnering with a wide array of major retailers spanning food, drug, mass-market, natural product, and e-commerce channels. This extensive reach highlights Zevia's commitment to making healthier beverage options accessible.
How much funding has Zevia raised?
Zevia has raised a total of $233.8M across 7 funding rounds:
Private Equity
$6.7M
Private Equity
$5.5M
Private Equity
$1.5M
Private Equity
$7.3M
Private Equity
$11.8M
Debt
$1M
Share Placement
$200M
Private Equity (2010): $6.7M, investors not publicly disclosed
Private Equity (2012): $5.5M, investors not publicly disclosed
Private Equity (2012): $1.5M, investors not publicly disclosed
Private Equity (2013): $7.3M, investors not publicly disclosed
Private Equity (2015): $11.8M, investors not publicly disclosed
Debt (2020): $1M with participation from PPP
Share Placement (2020): $200M led by Caisse de dépôt et placement du Québec
Key Investors in Zevia
Caisse de dépôt et placement du Québec
Caisse de dépôt et placement du Québec is a major institutional investor, likely focusing on significant growth-stage companies with strong market potential and sustainable business models, as indicated by their substantial investment in Zevia.
PPP
Public-Private Partnership
What's next for Zevia?
The recent strategic investment signifies a pivotal moment for Zevia, positioning the company for accelerated growth and market penetration. With a clear focus on expanding its distribution network and potentially developing new product lines, Zevia is poised to further solidify its market leadership in the rapidly growing better-for-you beverage sector. The company's commitment to simple, plant-based ingredients and its certified B Corporation status continue to resonate with health-conscious consumers, suggesting a strong foundation for future capital raises and strategic partnerships. This latest financing round will likely fuel innovation and enhance operational efficiencies, enabling Zevia to capture a larger share of the beverage market.
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