Series A Round
Funding Details
Cove Soda has experienced explosive growth since launching its modern soda, offering a refreshing alternative to traditional sugary beverages. Founded by brothers Ryan Maclellan and John MacLellan, Cove Soda started at a local farmers' market and quickly gained popularity for its innovative approach to beverages, focusing on organic and zero-sugar options. The brand has positioned itself as a healthier alternative in the beverage market, appealing to health-conscious consumers. With this funding round, Cove Soda aims to expand its distribution channels and enhance its product offerings, further solidifying its position as a leader in the functional beverage space. The company is now recognized as Canada's #1 functional soda brand.
Confidence Score
Participating Investors
Vanterra Ventures (VV) is a venture and growth equity fund investing in the Future of Consumer Health, formed by Vanterra Capital in 2019. The firm fo...
Palm Tree Crew is an investment firm founded by musician Kygo, focusing on innovative brands in the beverage and lifestyle sectors. The firm aims to s...
Riverpark is a venture capital firm that specializes in early-stage investments, focusing on innovative startups with high growth potential.
Simple Food Ventures is an early-stage venture capital firm that invests in the future of healthy foods and products, focusing on innovative consumer ...
Diplo is a renowned DJ, music producer, and entrepreneur who has expanded his career into investing, focusing on innovative startups in the consumer g...
Kygo is a renowned DJ and music producer who has expanded his influence into the startup ecosystem through his venture fund, Palm Tree Crew. The fund ...
Miles Teller is an American actor and producer known for his roles in films such as 'Whiplash' and 'Top Gun: Maverick.' In addition to his acting care...
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