PROUD SOURCE WATER

Mackay, Australia Founded: 2016 • Age: 10 yrs Acquired By SOURCE
Brand of spring water

About PROUD SOURCE WATER

PROUD SOURCE WATER is a company based in Mackay (Australia) founded in 2016 was acquired by SOURCE in March 2023. PROUD SOURCE WATER has raised $12.5 million across 2 funding rounds from investors including SOURCE and AF Ventures. PROUD SOURCE WATER offers products and services including Alkaline Spring Water, Sparkling Spring Water, Limited Edition Water, and Merch. PROUD SOURCE WATER operates in a competitive market with competitors including Pınar Su, Saint Sparkling Water, Wollemi Valley Springs, Curo Lifestyle and Alkafresh, among others.

Key Metrics
  • Total Equity Funding
    $12.5M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.5M (USD), Series A

    May 2021

  • Investors
    SOURCE

    & 1 more

  • Acquired by
    SOURCE

    (Mar 2023)

Products & Services of PROUD SOURCE WATER

PROUD SOURCE WATER offers a comprehensive portfolio of products and services, including Alkaline Spring Water, Sparkling Spring Water, Limited Edition Water, and Merch.

Alkaline Spring Water
Beverage

Natural alkaline water sourced from springs for hydration.

Sparkling Spring Water
Beverage

Carbonated spring water for refreshing consumption.

Limited Edition Water
Beverage

Special edition spring water with unique features.

Merch
Apparel

Branded merchandise promoting sustainability.

Apps and channels of PROUD SOURCE WATER

its YouTube channel Proud Source Water has 280 subscribers and 13 videos.

Proud Source Water
YouTube 280 subscribers 13 videos Howto & Style
Open channel

Videos from PROUD SOURCE WATER

The most watched videos on PROUD SOURCE WATER's YouTube channel, Proud Source Water (280 subscribers). Click a video to play it here.

Proud Source - Water Done Different.
18.7K views
A Source of Pride | Our Mantra
11.3K views
|| PSW Outdoor Proven Tour x Mountain Home Country Music Fest ||
343 views
Proud Source Water: Best of 2021 - Year in Review
290 views

More on Proud Source Water.

Funding Insights of PROUD SOURCE WATER

PROUD SOURCE WATER has successfully raised a total of $12.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in May 2021. 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 $12.5M
  • Total Rounds 2
  • Last Round Series A — $6.5M
  • First Round $6M

    (Feb 2020)

  • Investors Count 1

All 2 funding rounds of PROUD SOURCE WATER with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2021$6.5MSeries A––
–
Feb 2020$6MSeries A–AF Ventures
–
Valuation history

2 investors in total: 2 institutional.

Investors in PROUD SOURCE WATER

PROUD SOURCE WATER has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SOURCE and AF Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
A consumer fund focused on emerging growth stage businesses.
–afventures.vcNew York, United States
Clean drinking water is generated using innovative Hydropanel technology.
2015source.coScottsdale, United States
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Investor details for PROUD SOURCE WATER

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  • Round participation
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People of PROUD SOURCE WATER

1 people are tracked at PROUD SOURCE WATER (1 in leadership).

NameRoleGroup
Carl J Pennington
President, Co-FounderLeadership
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Complete people profiles for PROUD SOURCE WATER

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Timeline of PROUD SOURCE WATER

4 dated milestones of PROUD SOURCE WATER across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded PROUD SOURCE WATER is founded.
  2. Funding First funding round of $6.0M.
  3. Funding Latest funding round, Series A, of $6.5M.
  4. Exit Acquired by SOURCE.

Competitors of PROUD SOURCE WATER

PROUD SOURCE 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 Pınar Su, Saint Sparkling Water, Wollemi Valley Springs, Curo Lifestyle and Alkafresh, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pinarsu.com.tr1984Bornova, Turkey––
Brand of natural spring water
saintsparkling.com2018Daylesford, Australia––
A brand specializing in sparkling water products.
wollemivalleysprings.com.au2019Sydney, Australia––
Delivers premium spring water and dispensers to homes in Sydney and Blue Mountains.
curolifestyle.com.au2015Darlinghurst, Australia––
A brand specializing in carbonated water products.
alkafresh.com.au2004Willoughby, Australia––
Sells premium organic health products including essential oils and water online.
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Detailed competitors of PROUD SOURCE WATER

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
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Verified entity values are shown only after access is granted.

Web traffic of PROUD SOURCE WATER

The website of PROUD SOURCE WATER (proudsourcewater.com) receives about 7.6K visits a month and ranks #3,443,394 among all websites worldwide, #8,706 in Beverages.

  • Monthly visits
    7.6K

    ▲ 46.4% vs previous month

  • Unique visitors
    2.3K

    per month

  • Global rank
    #3,443,394

    among all websites

  • Category rank
    #8,706

    Food and Drink · Beverages

Similar websites

Websites whose visitors overlap most with PROUD SOURCE WATER. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
icelandicglacial.com
100%
25K#1,431,079View details
whitewaternow.com
whitewaternow.com
89%
–#2,284,795–
aqua-amore.com
68%
–#758,792View details
randalls.com
42%
449.2K#67,535View details
americanwater.org
americanwater.org
40%
–––
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 7 similar websites and full traffic analytics for PROUD SOURCE WATER

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 7 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Proud Source Water

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Complete news archive for PROUD SOURCE WATER

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 PROUD SOURCE WATER

10 companies that operate in the same segment as PROUD SOURCE WATER (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 221.1 MUSD 99.78 M3,464
Hens and cattle are reared to supply eggs and butter.
2007Austin, Texas, United StatesUSD 49.96 MUSD 759.44 M598
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Provider of bakery-cafe services and a loyalty program
1987St. Louis, Missouri, United StatesUSD 145.61 M––
Dry snacks and coffee are manufactured and distributed.
2015Chennai, Tamil Nadu, IndiaUSD 16.52 MUSD 208 K29
Food, snacks, and beverages are produced and distributed globally.
1898Purchase, New York, United States–USD 93.92 B319,000
Multi-category organic dairy products are offered online.
2010Tiptur, Karnataka, IndiaUSD 58.15 MUSD 23.34 M810
Packaged food products are offered through an online platform.
2019Mumbai, Maharashtra, IndiaUSD 37.6 MUSD 4.41 M168
Multi-category food and beverage products are produced and distributed globally.
1866Vevey, Vaud, Switzerland–USD 2.36 B16,250
Subscription-based dairy products are delivered via an internet-first brand.
2013Hyderabad, Telangana, IndiaUSD 19.41 MUSD 14.66 M250
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Frequently Asked Questions about PROUD SOURCE WATER

PROUD SOURCE WATER was founded in 2016 and raised its 1st funding round 4 years after it was founded.

PROUD SOURCE WATER is headquartered in Mackay, Australia. It is registered at Mackay, Queensland, Australia.

PROUD SOURCE WATER is a funded company, having raised a total of $12.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Feb 2020.

Proud Source Water was founded in 2016 and is based in Mackay, Australia. Natural spring water is sourced from local springs and bottled for commercial distribution within the beverage sector. Operations emphasize purity standards and regional sourcing, with products made available through retail channels. The companys domain, proudsourcewater.com, supports online information and sales inquiries. Focus remains on straightforward water bottling without additional processing.

PROUD SOURCE WATER's top competitors include Pınar Su, Saint Sparkling Water and Wollemi Valley Springs.

PROUD SOURCE WATER offers Alkaline Spring Water, Sparkling Spring Water, Limited Edition Water, and Merch.

PROUD SOURCE WATER has 2 investors. Key investors include SOURCE, and AF Ventures.

Yes. PROUD SOURCE WATER was acquired by SOURCE in March 2023.

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