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
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Cheers Health, Inc.
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Annual Revenue
$4.03 M (USD)6as on Dec 31, 2022
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Net Profit
$280.32 K (USD)-35as on Dec 31, 2022
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EBITDA
Not available
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Total Equity Funding
$2.1 M (USD)
in 1 rounds
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Latest Funding Round
$2.1 M (USD), Seed
Mar 15, 2019
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Investors
NextView Ventures
& 2 more
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Employee Count
Not available
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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.
People of Cheers
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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.
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.
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Seed-stage tech startups are invested in by NextView Ventures.
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Venture capital firm focused on tech sectors
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Investor details for Cheers
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Investments & Acquisitions by Cheers
Investment portfolio details for Cheers
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Financial Statements - Cheers
Detailed financials for Cheers
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Cheers Comparisons
Peer comparison for Cheers
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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 year | HQ Location | Description |
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Probiotic drinks for hangover prevention are developed by ZBiotics.
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Pre-drink supplements are provided to reduce alcohol's negative effects.
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Developer of supplement for the management of alcohol intolerance
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Dietary supplements for various health ailments are developed and offered.
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Manufactures patented dietary supplements for alcohol flush reaction relief.
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Detailed competitors of Cheers
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Latest news on Cheers
Complete news archive for Cheers
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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.
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.