About Waterloo Sparkling
Waterloo Sparkling is a company based in Austin (United States) founded in 2017 by Daniel Barnes, Sean Cusack, and Brandon Cason was acquired by Flexis Capital in August 2020.. Waterloo Sparkling has raised $7.18 million across 3 funding rounds from investors including Eurazeo, Dwight Funding and CAVU Consumer Partners. The company has 73 employees as of December 31, 2022. Waterloo Sparkling offers products and services including Sparkling Water Flavors, Craft Mocktails, and Still Water Flavors. Waterloo Sparkling operates in a competitive market with competitors including Spindrift, Aura Bora, Yerbae, Dash Water and Poppi, among others.
- Headquarter Austin, United States
- Employees 73 as on 31 Dec, 2022
- Founders Daniel Barnes, Sean Cusack, Brandon Cason
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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
*********
- Legal Name Waterloo Sparkling Water Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.18 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Debt – Conventional
Oct 10, 2019
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Investors
Eurazeo
& 3 more
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Employee Count
73
as on Dec 31, 2022
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Acquired by
Flexis Capital
(Aug 19, 2020)
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Products & Services of Waterloo Sparkling
Waterloo Sparkling offers a comprehensive portfolio of products and services, including Sparkling Water Flavors, Craft Mocktails, and Still Water Flavors. 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.
Variety of flavored sparkling waters with natural tastes and carbonation.
Alcohol-free mocktails offering sophisticated flavor experiences.
Purified still waters with custom fruit flavors for refreshment.
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Funding Insights of Waterloo Sparkling
Waterloo Sparkling has successfully raised a total of $7.18M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $5 million completed in October 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 Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $5.0M
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First Round
First Round
(26 Jul 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Debt – Conventional - Waterloo Sparkling | Valuation |
investors |
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| May, 2018 | Amount | Series A - Waterloo Sparkling | Valuation | CAVU Consumer Partners |
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| Jul, 2017 | Amount | Series A - Waterloo Sparkling | 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 |
Investors in Waterloo Sparkling
Waterloo Sparkling has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Eurazeo, Dwight Funding and CAVU Consumer Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
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Private debt funding is offered to small and mid-sized firms.
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Founded Year | Domain | Location | |
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Investments in consumer brands are made through VC and PE.
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Founded Year | Domain | Location | |
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Private equity and debt investments are managed across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Waterloo Sparkling
| 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 - Waterloo Sparkling
| 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 |
Waterloo Sparkling Comparisons
Competitors of Waterloo Sparkling
Waterloo Sparkling 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 Spindrift, Aura Bora, Yerbae, Dash Water and Poppi, 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 |
Unsweetened sparkling waters are produced with real squeezed fruit.
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| domain | founded_year | HQ Location |
Brand of sparkling water
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| domain | founded_year | HQ Location |
Sparkling water processing services are provided by Yerbae since 2017.
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| domain | founded_year | HQ Location |
Fruit-infused sparkling water is produced and distributed by Dash Water.
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| domain | founded_year | HQ Location |
Flavoured sodas are produced and distributed by Poppi.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Waterloo Sparkling
Frequently Asked Questions about Waterloo Sparkling
When was Waterloo Sparkling founded?
Waterloo Sparkling was founded in 2017.
Where is Waterloo Sparkling located?
Waterloo Sparkling is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Waterloo Sparkling a funded company?
Waterloo Sparkling is a funded company, having raised a total of $7.18M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.18M, raised on Jul 26, 2017.
How many employees does Waterloo Sparkling have?
As of Dec 31, 2022, the latest employee count at Waterloo Sparkling is 73.
What does Waterloo Sparkling do?
Waterloo Sparkling was established in 2017 in Austin, United States, within the beverage sector. Operations focus on the production and distribution of sparkling aromatic waters featuring flavors such as lime, watermelon, grapefruit, and coconut. Natural ingredients, including fruit extracts, aromatic extracts, and botanical elements, are utilized in the formulations. The company serves as a supplier to various markets from its base in the United States.
Who are the top competitors of Waterloo Sparkling?
Waterloo Sparkling's top competitors include Spindrift, Yerbae and Dash Water.
What products or services does Waterloo Sparkling offer?
Waterloo Sparkling offers Sparkling Water Flavors, Craft Mocktails, and Still Water Flavors.
Who are Waterloo Sparkling's investors?
Waterloo Sparkling has 4 investors. Key investors include Eurazeo, Dwight Funding, CAVU Consumer Partners, and Flexis Capital.
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