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Cove Soda

About Cove Soda

Cove has experienced explosive growth since launching its modern soda, offering a refreshing alternative to traditional sugary beverages. Founded by two passionate brothers, Cove Soda started at a local farmers' market and quickly gained popularity for its innovative approach to beverages.

Business Information
Target Customers
consumers health-conscious individuals retailers
Industry Categories
Food, Restaurants, Groceries Retail eCommerce
Business Model
Revenue Model Direct-to-consumer and retail sales
Pricing Strategy Competitive pricing with premium product positioning
Sales Channels e-commerce, retail partnerships, wholesale distribution
Funding Timeline
Round Date Amount Investors
Series A Nov 04, 2025 $15.0M Vanterra Ventures, Palm Tree Crew, Riverpark +4 more
Founders
R
Ryan MacLellan

Co-Founder & CEO

J
John MacLellan

Co-Founder and Co-Owner

Investors
D
Diplo

Angel Investor

K
Kygo

Venture Capital

M
Miles Teller

Angel Investor

P
Palm Tree Crew

Corporate Venture Capital

R
Riverpark

Venture Capital

S
Simple Food Ventures

Venture Capital

V
Vanterra Ventures

Venture Capital

Recent Mentions
cpgwire
CPG WIRE @cpgwire
Nov 04, 2025

Cove Soda closed a $15M Series A round led by Vanterra Ventures. Palm Tree Crew, RiverPark Ventures, Simple Food Ventures, Diplo, Kygo, Miles Teller, and a number of others also participated in the round. Cove has experienced explosive growth since launching its modern soda https://t.co/SKkaKQtjMs

drewfallon12
Drew Fallon @drewfallon12
Nov 04, 2025

COVE SODA RAISES $15M SERIES A Cove Soda, a Canada based organic & zero-sugar soda brand, raised $15m in series A funding led by Vanterra along with Palm Tree Crew (Kygo's VC fund) & others PTC invested in a $2.5m round a year ago, and the brands total funding is ~$19m https://t.co/LuBySo1zo6

TradedVC
Traded: Venture Capital @TradedVC
Nov 05, 2025

Cove Soda, a Canada-based functional soft drink brand, has raised a $15 million Series A round led by Vanterra Ventures to fuel expansion across North America. Founded by brothers John and Ryan MacLellan—with John serving as CEO—the company plans to use the funding to scale https://t.co/BPsDA7j9VY