Liquid IV
Liquid IV is a technology company.
Financial History
Liquid IV has raised $5.0M across 1 funding round.
Frequently Asked Questions
How much funding has Liquid IV raised?
Liquid IV has raised $5.0M in total across 1 funding round.
Liquid IV is a technology company.
Liquid IV has raised $5.0M across 1 funding round.
Liquid IV has raised $5.0M in total across 1 funding round.
Liquid IV has raised $5.0M in total across 1 funding round.
Liquid IV's investors include CircleUp Growth Partners.
Liquid I.V. is a wellness consumer goods company specializing in powdered electrolyte drink mixes for enhanced hydration, not a technology company. It builds products like the Hydration Multiplier, which uses Cellular Transport Technology (CTT)—a science-backed formulation of electrolytes, vitamins, and nutrients—to deliver faster hydration than water alone, solving dehydration from exercise, heat, travel, or daily life.[1][4][5] Targeting active consumers, athletes, travelers, and wellness enthusiasts, it serves a broad market with great-tasting, non-GMO, gluten-free flavors like Lemon Lime and Strawberry, including sugar-free options.[3][4] Acquired by Unilever in 2020, it has achieved massive growth as the #1 powdered hydration brand in the US, generating $438M in US revenue in 2024, selling over 100 million servings historically, and donating millions worldwide.[3][6][7]
The company has expanded into a 360-degree wellness brand with innovations like Sleep (using CTT for rapid nutrient delivery) and Energy Multiplier Sugar-Free, fueling global momentum through partnerships, experiential marketing, and product launches.[2][3][6]
Liquid I.V. was founded by Brandin Cohen, who got the idea in the early 2010s after seeing baseball players drink Pedialyte—a baby rehydration formula with artificial ingredients—for adult hydration needs during a game.[1] Motivated to create a natural, non-GMO, vegan alternative, Cohen developed the Hydration Multiplier powered by CTT, enabling quicker nutrient absorption.[1][2] Early traction came from rapid sales growth, exceeding 100 million servings sold, job creation, and donations, with the company committing to 2 million donated servings by 2019.[1] Pivotal moments include the 2019 launch of Liquid I.V. Sleep, marking its wellness expansion, Unilever's 2020 acquisition, and recent hits like sugar-free lines in 2023.[2][3][6]
Liquid I.V. rides the functional beverage and wellness boom, fueled by rising consumer demand for science-backed hydration, energy, sleep, and immune support amid active lifestyles and health awareness post-pandemic.[3] Its timing aligns with market forces like sugar-free trends, global expansion needs, and Unilever's scale for international growth, positioning it as a disruptor in a $100B+ hydration market.[3][6] While not a pure tech firm, its CTT innovation and data-driven product development (e.g., clinical studies) leverage bioscience for consumer products, influencing the ecosystem by normalizing rapid-absorption tech in everyday wellness and inspiring similar formulations.[2][5] As Unilever's top Health & Wellness brand, it shapes retail and e-commerce trends through high-engagement marketing.[3][7]
Liquid I.V. will likely accelerate global dominance with new innovations (e.g., more sugar-free, function-specific multipliers), deeper cultural partnerships (like sports and music events), and Unilever-backed international markets.[3][6] Trends like personalized wellness, zero-sugar demands, and AR/digital engagement will propel it, potentially evolving into a full-spectrum health platform. Its hydration edge positions it to redefine daily wellness, building on 2024's revenue peak to sustain #1 status and broader impact. This evolution from a dehydration fix to a wellness powerhouse underscores its enduring appeal in a health-obsessed world.[3][7]
Liquid IV has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Series B in August 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2018 | $5.0M Series B | CircleUp Growth Partners |