Day One Beverages Inc. Asset Profile

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Year established

2019

Location

Venice CA US

Primary Industry

Consumer Products

About

Based in California, US, and founded in 2019, Day One Beverages Inc. is a consumer product company manufacturing Cannabidiol (CBD) water. In June 2022, the firm raised USD 1.97 million in venture funding led by Vincere Capital Biotech LLC. The firm as of October 2022 is led by its CEO, Chris Clifford. The company manufactures and commercializes fruity-flavored CBD sparkling water to hydrate and heal the mind and body, making users feel balanced and focused. The through offers its Grapefruit, Lemon and Lime flavored beverages with ingredients including carbonated water, hemp extract, natural fruit concentrates and flavors, zero sugar, and zero calories, through its e-commerce platform and over 160 partner stores. The firm generates its revenue by selling its CBD cans at a cost of USD 36 per 12 cans. The company plans to utilize its June 2022, funding to continue its growth and compete in the burgeoning CBD wellness category.

Current Investors

Vincere Capital Biotech LLC

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Primary Industry

Consumer Products

Sub Industries

Non-Alcoholic Beverages

Website

www.drinkdayone.com

Verticals

E-commerce, Manufacturing

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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