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March 12, 2020

Spindrift Maker of Fizzy Soda Raised $29.8 Million

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Spindrift is the company to make fizzy soda and sparkling water has finally raised a huge sum of $29.8 million in funding from the investors around, as per SEC filing. Spindrift is a Charlestown, Mass. company and the company was founded by Bill Creelman. According to the latest reports, the company has raised $70 million in known venture capital funding to date, as per Crunchbase reports.

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As per the reports the company did not instantly react to a request for comment.  The company is also connected with some previous investors. Spindrift is the first sparkling water made with real fruit juices. The preceding investors in the fizzy drink company comprise KarpReilly, VMG Partners Prolong Ventures, Almanac Insights and more.

Spindrift maker of Fizzy soda raised $29.8 million

Moreover, the company was founded in 2010, is up next to big players, like the much-loved and decades-old LaCroix, one more well-known sparkling water brand. The company in a very short span of time has distinguished its brand from others.  The company Spindrift differentiates itself by focusing on the quality “real fruit” in its drinks. With this sparkling water maker, you can think about strawberries from California, Alfonso mangoes from India and cucumbers from Michigan.  The company is also known to launch its pineapple flavor. In a fast aside looped up with a word we haven’t heard in a while: The fizz soda maker company also offered a Golden Pineapple sweepstakes contest where 13 winners will get a year’s supply of free of charge Spindrift and a custom mini-fridge.

Also Read: Officially Promoted by TikTok’s Parent Company, Resso Music Streaming Service

In the current scenario as a brand, this company is making the evolution from start-up to domestic name. The social media page of this sparkling water brand has described their story in the best possible manner to keep its loyal fans in the loop on brand news. The company has made several revelations in this process to offer the best products to its customers.

At the moment, it’s important to mention that in San Francisco’s Marina district is one more fruit-infused direct to consumer brand, sans the bubbles. Well, the company is founded in 2005 by Kara Goldin, and this time it is in news for the money it has raised $26.5 million to date from The Perkins Fund and Verlinvest to make naturally flavored fruit-essence water. In the current day, the sparkling water flavored with fruit juices and fizzy soda maker has raised greater than Trace’s whole funding in a solitary fell dive, and each manufacturer, next to the age-old LaCroix, are synonymous with startup custom and recycling bins.

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