Consumer
Liquid Death Is Valued at $1.4 Billion in New Financing Round
- Los Angeles-based startup doubles valuation with investment
- Josh Brolin, NFL’s DeAndre Hopkins among investors in round
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A water brand with a popular social media following is now a billion-dollar company. Los Angeles-based Liquid Death has raised new capital that values the startup at $1.4 billion, double its $700 million valuation in 2022.
The business has seen its momentum continue with newer categories such as iced tea and flavored waters, Chief Executive Officer Mike Cessario said in an interview.