KeVita

Oxnard, United States Founded: 2009 • Age: 17 yrs Acquired By PepsiCo
Probiotic drinks for digestive health are provided by KeVita.
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About KeVita

KeVita is a company based in Oxnard (United States) founded in 2009 was acquired by PepsiCo in November 2016.. KeVita has raised $13.5 million across 2 funding rounds from investors including PepsiCo, KarpReilly and SPK Capital. KeVita offers products and services including Master Brew Kombucha, Sparkling Probiotic Refresher, and Sparkling Prebiotic Lemonade. KeVita operates in a competitive market with competitors including Health-Ade, Kinderfarms, GoodBelly, Canvas and LION BRANDS, among others.

  • Headquarter Oxnard, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Nutrition, Wellness & Lifestyle Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6 M (USD), Series D

    Jul 10, 2014

  • Investors
    PepsiCo

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    PepsiCo

    (Nov 22, 2016)

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Products & Services of KeVita

KeVita offers a comprehensive portfolio of products and services, including Master Brew Kombucha, Sparkling Probiotic Refresher, and Sparkling Prebiotic Lemonade. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Fermented tea with live probiotics to support gut health and digestion.

Light fermented water kefir providing billions of probiotics for daily health.

Zesty fermented drink that aids digestive health with natural ingredients.

Funding Insights of KeVita

KeVita has successfully raised a total of $13.5M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $6 million completed in July 2014. 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
  • Total Rounds 2
  • Last Round Series D — $6.0M
  • First Round

    (10 Sep 2012)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2014 Amount Series D - KeVita Valuation SPK Capital
Sep, 2012 Amount Series B - KeVita Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in KeVita

KeVita has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include PepsiCo, KarpReilly and SPK Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are provided by KarpReilly for growth companies.
Founded Year Domain Location
-
Founded Year Domain Location
Venture capital is provided to early-stage startups by this fund.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by KeVita

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - KeVita

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Kevita Comparisons

Employees
+
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Competitors of KeVita

KeVita 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 Health-Ade, Kinderfarms, GoodBelly, Canvas and LION BRANDS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Functional beverage company manufacturing and marketing kombucha (probiotic tea)
domain founded_year HQ Location
Clean ingredient children's OTC medications and electrolyte solutions are manufactured.
domain founded_year HQ Location
Organic probiotic drinks for digestive health are produced and sold.
domain founded_year HQ Location
Provider of protein shakes
domain founded_year HQ Location
Develops innovative probiotic drinks to support gut health.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Kevita

Frequently Asked Questions about KeVita

When was KeVita founded?

KeVita was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Where is KeVita located?

KeVita is headquartered in Oxnard, United States. It is registered at Oxnard, California, United States.

Is KeVita a funded company?

KeVita is a funded company, having raised a total of $13.5M across 2 funding rounds to date. The company's 1st funding round was a Series B of $7.5M, raised on Sep 10, 2012.

What does KeVita do?

KeVita was founded in 2009 in Oxnard, United States, within the health and wellness sector. Probiotic beverages, pre-biotic shots, and tonics are developed by the company to support digestive tract maintenance. Formulations incorporate live probiotics, organic acids, and organic caffeine. Operations focus on producing these functional drinks for consumer health needs in the domestic market.

Who are the top competitors of KeVita?

KeVita's top competitors include Health-Ade, Kinderfarms and GoodBelly.

What products or services does KeVita offer?

KeVita offers Master Brew Kombucha, Sparkling Probiotic Refresher, and Sparkling Prebiotic Lemonade.

Who are KeVita's investors?

KeVita has 4 investors. Key investors include PepsiCo, KarpReilly, SPK Capital, and Ecosystem Integrity Fund.

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