About Cheers
Cheers is a company based in Princeton (United States) founded in 2018. It operates as a Direct-to-Consumer (D2C) and Subscription Services. Cheers has raised $2.1 million across 1 funding round from investors including NextView Ventures, Founder Collective and Fitz Gate Ventures. Cheers offers products and services including Restore, Relief, Protect, and Hydrate. Cheers operates in a competitive market with competitors including ZBiotics, Novvo, Alcolase, ph. International and NoGlo, among others.
- Headquarter Princeton, United States
- SectorsHealthcare
- Website category Food and Drink · Restaurants and Delivery
- Email••••••••
- Website cheershealth.com
- Social Facebook Instagram
- Legal Name Cheers Health, Inc.
- Annual Revenue$4.03 M (USD)6as on Dec 31, 2022
- Net Profit$280.32 K (USD)-35as on Dec 31, 2022
- Total Equity Funding$2.1M (USD)
in 1 rounds
- Latest Funding Round$2.1M (USD), Seed
Mar 2019
- InvestorsNextView Ventures
& 2 more
Products & Services of Cheers
Cheers offers a comprehensive portfolio of products and services, including Restore, Relief, Protect, and Hydrate.
Liver support is provided for post-drinking recovery aid.
Morning recovery is supported after alcohol consumption effects.
Daily liver health is enhanced with consistent use.
Hydration is restored specifically for alcohol-induced dehydration.
Funding Insights of Cheers
Cheers has successfully raised a total of $2.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.1 million completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.1M
- Total Rounds 1
- Last Round Seed — $2.1M
- First Round $2.1M
(Mar 2019)
- Investors Count 3
All 1 funding rounds of Cheers with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2019 | $2.1M | Seed | – | NextView Ventures |
3 investors in total: 3 institutional.
Investors in Cheers
Cheers has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include NextView Ventures, Founder Collective and Fitz Gate Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage tech startups are invested in by NextView Ventures. | – | nextview.vc | Boston, United States | |
Venture capital firm focused on tech sectors | – | foundercollective.com | Cambridge, United States | |
- | – | fitzgate.com | - |
Investor details for Cheers
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Cheers
14 people are tracked at Cheers (7 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Dalia Steichen | Creative Director | Leadership |
Lucas Gouveia | Director Of Growth | Leadership |
Brooks Powell | Founder & CEO | Leadership |
Seth Hazleton | VP, Operations | Leadership |
Shelby Powell | Vp, Sales & Marketing | Leadership |
Hank Holcomb | CTO | Leadership |
Anjalie Rajapaksa | Right Hand To CEO | Leadership |
Sam Swidensky 🥃 | Manager Of National Accounts | Team |
Boeaszzy Ache | Manager | Team |
Kelsey Mathews | Operations Manager | Team |
Luana William | Account Manager | Team |
Natasha Cuda | Sales Consultant | Team |
Leah Nguyen | Design Manager | Team |
Cole Devilliers | Wholesale Sales Manager | Team |
Complete people profiles for Cheers
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Cheers
2 dated milestones of Cheers across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Cheers is founded.
- Funding First funding round of $2.1M.
Competitors of Cheers
Cheers operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ZBiotics, Novvo, Alcolase, ph. International and NoGlo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zbiotics.com | 2016 | San Francisco, United States | $40.33M | – | Probiotic drinks for hangover prevention are developed by ZBiotics. | |
| novvo.com.br | 2022 | Sao Paulo, Brazil | $551,469 | – | Pre-drink supplements are provided to reduce alcohol's negative effects. | |
| alcolase.com | 2020 | Copenhagen, Denmark | – | 6 | Developer of supplement for the management of alcohol intolerance | |
| ph.international | 2016 | Zurich, Switzerland | – | – | Dietary supplements for various health ailments are developed and offered. | |
| gonoglo.com | 2012 | San Francisco, United States | – | – | Manufactures patented dietary supplements for alcohol flush reaction relief. | |
| getsetpop.com | 2023 | Delhi, India | – | – | It delivers comprehensive solutions of anti-hangover solutions. |
Detailed competitors of Cheers
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cheers
The website of Cheers (cheershealth.com) receives about 75.4K visits a month and ranks #422,660 among all websites worldwide, #3,262 in Restaurants and Delivery.
- Monthly visits75.4K
▼ 16% vs previous month
- Unique visitors44.5K
per month
- Global rank#422,660
among all websites
- Category rank#3,262
Food and Drink · Restaurants and Delivery
- Bounce rate54%
- Pages per visit2.1
- Average visit47 sec
- DevicesDesktop 20% · Mobile 80%
Websites whose visitors overlap most with Cheers. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
susiedrinksdallas.com | susiedrinksdallas.com | 100% | – | #4,201,638 | – |
| thrivenevada.com | 100% | – | #395,219 | View details | |
| thrivemarket.com | 40% | 5M | #12,061 | View details |
Latest news on Cheers
Complete news archive for Cheers
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Cheers
10 companies that operate in the same segment as Cheers (Nutraceutical & Food-as-Medicine Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ayurvedic healthcare and nutritional products are provided by Kapiva. | 2016 | Bengaluru, Karnataka, India | USD 77.85 M | USD 27.35 M | 362 | |
Plant-based frozen meals are delivered via weekly subscriptions. | 2016 | London, England, United Kingdom | USD 69.9 M | USD 12.54 M | 146 | |
Therapies for metabolic health in chronic disease patients are provided. | 2014 | San Francisco, California, United States | USD 401.78 M | – | – | |
Nutritional supplements for multiple health ailments are developed. | 2005 | Mumbai, Maharashtra, India | USD 1.55 M | – | – | |
Personalized gut health solutions are provided by ZOE. | 2017 | New Castle, Pennsylvania, United States | USD 80.12 M | – | – | |
Machine learning-based bioinformatics solutions for health insights are provided. | 2016 | Los Alamos, New Mexico, United States | USD 301.57 M | – | – | |
Cellular health supplements for metabolic repair are developed and manufactured. | 2014 | New York, New York, United States | USD 66.1 M | – | – | |
Nutritional food and health supplements are provided by OZiva. | 2010 | Mumbai, Maharashtra, India | USD 17.32 M | USD 23.98 M | – | |
Low-carb products for weight loss are provided by Atkins. | 1960 | Denver, Colorado, United States | USD 15 M | – | – | |
Synbiotic supplements and fermented products for gut health are provided. | 2021 | Mumbai, Maharashtra, India | USD 20.02 M | USD 5.14 M | 88 |
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Frequently Asked Questions about Cheers
Cheers was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Cheers is headquartered in Princeton, United States. It is registered at Princeton, New Jersey, United States.
Cheers is a funded company, having raised a total of $2.1M across 1 funding round to date. The company's 1st funding round was a Seed of $2.1M, raised on Mar 2019.
Annual revenue of Cheers is $4.03M as on Dec 31, 2022.
Cheers is dedicated to supporting liver health and promoting responsible alcohol consumption. Products are developed to aid in post-drinking recovery, daily liver support, and hydration solutions. The company operates in the dietary supplement sector, targeting health-conscious individuals who drink responsibly. Solutions are offered for both occasional and ongoing use, ensuring well-being after alcohol consumption. Retail presence is established across numerous locations, enhancing accessibility for customers seeking smarter drinking alternatives.
Cheers offers Restore, Relief, Protect, and Hydrate.
Cheers has 3 investors. Key investors include NextView Ventures, Founder Collective, and Fitz Gate Ventures.
Cheers operates through Cheers Health, Inc..