About Open Water
Open Water is a company based in Chicago (United States) founded in 2014.. Open Water has raised $2.75 million across 3 funding rounds. Open Water offers products and services including Canned Water, Sparkling Water, and Merchandise. Open Water operates in a competitive market with competitors including Waiakea, Greene Concepts, HFactor, Hawai’i Volcanic and Ice Mountain, among others.
- Headquarter Chicago, United States
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.75 M (USD)
in 3 rounds
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Latest Funding Round
$2 M (USD), Seed
Dec 20, 2022
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Investors
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Employee Count
Employee Count
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Products & Services of Open Water
Open Water offers a comprehensive portfolio of products and services, including Canned Water, Sparkling Water, and Merchandise. 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.
Ultra-purified still water in aluminum for sustainable hydration
Carbonated purified water with electrolytes for refreshment
Eco-friendly clothing promoting ocean conservation awareness
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Funding Insights of Open Water
Open Water has successfully raised a total of $2.75M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in December 2022. 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 Funding
- Total Rounds 3
- Last Round Seed — $2.0M
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First Round
First Round
(11 Aug 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Seed - Open Water | Valuation |
investors |
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| Oct, 2018 | Amount | Seed - Open Water | Valuation |
investors |
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| Aug, 2016 | Amount | Seed - Open Water | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Open Water
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Open Water
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Open Water Comparisons
Competitors of Open Water
Open Water 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 Waiakea, Greene Concepts, HFactor, Hawai’i Volcanic and Ice Mountain, 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 |
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| domain | founded_year | HQ Location |
Water and coffee are distributed via an internet-first brand.
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| domain | founded_year | HQ Location |
Cannabis-based beverages are manufactured by Greene Concepts.
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| domain | founded_year | HQ Location |
Manufacturer & brand of infused water
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| domain | founded_year | HQ Location |
Natural volcanic water from Hawaii is bottled and distributed.
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| domain | founded_year | HQ Location |
Packaged water products are produced and sold by Ice Mountain.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Open Water
Frequently Asked Questions about Open Water
When was Open Water founded?
Open Water was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Open Water located?
Open Water is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Open Water a funded company?
Open Water is a funded company, having raised a total of $2.75M across 3 funding rounds to date. The company's 1st funding round was a Seed of $340K, raised on Aug 11, 2016.
What does Open Water do?
Open Water was founded in 2014 in Chicago, United States. The brand operates within the beverage sector, focusing on packaged water. Bottled water, sparkling water, and canned water are provided as core products. These items are distributed through offline retailers and an online store, with availability spanning the entire USA. Operations emphasize standard water packaging and sales channels.
Who are the top competitors of Open Water?
Open Water's top competitors include Waiakea, Greene Concepts and Ice Mountain.
What products or services does Open Water offer?
Open Water offers Canned Water, Sparkling Water, and Merchandise.