Liquid Death, the canned water startup, announced it raised $9 million in Series A funding to help push the hardcore brand into more brick-and-mortar retailers.
Co-founder and CEO Mike Cessario told Cheddar they were able to raise the money "fairly quickly" after deciding to expand beyond online sales.
"It wasn't until we really realized that we wanted to start going heavy into the more traditional brick-and-mortar retail space, that obviously gets a lot more capital intensive," Cessario said.
Cessario, who is a punk rock and heavy metal fan, says there weren't many healthy brands marketing to rock and roll subcultures and saw that as an opportunity to be creative in the brand marketing.
"There were really no healthy brands that were speaking anywhere near that kind of demographic. At the end of the day we wanted to take the healthiest thing you can drink and build a really fun, entertaining brand around it," Cessario said.
Hence the Liquid Death "murder your thirst" tagline that combines an aggressive and tongue-in-cheek approach to marketing. The company continues to roll with the same branding in its new advertising campaign "Keep the Underworld Beautiful" that is asking customers to save Hell from plastic bottle waste.
Although the branding is the most visual element of the company's ethos, Cessario says it's not the company's only priority. Liquid Death prides itself on its aluminum cans that contain over 70 percent recycled material and that it exclusively ships products by boat to reduce its carbon footprint.
"We ship by boat to the U.S., which most people don't realize sea freight is the most carbon-efficient mode of transportation that exists," Cessario said.
Truist's Mike Skordeles unpacks earnings trends, market correction, labor force dynamics, and what a possible December rate cut could mean for all of us.
Holiday shopping heats up as big-box earnings reveal how Walmart, Target & Home Depot are navigating consumer pressure, strategy shifts and trends shaping 2025.
The Campbell’s Co. said Tuesday it has placed one of its executives on leave while it investigates claims that he made racist comments and mocked the company’s products and customers in an audio recording.
Elon Musk’s X unveiled a feature that lets users see where an account is based. Online sleuths and experts quickly found that many popular accounts, often posting in support of the U.S. MAGA movement with thousands or hundreds of thousands of followers, are based outside the U.S. This raises concerns about foreign influence in U.S. politics.
The Enhanced Games is going public in two ways — with a new listing on the Nadsaq stock exchange and also by offering a direct-to-consumer business focused on performance products.
Real estate software company RealPage has agreed to stop sharing nonpublic information between landlords as part of a settlement with the Department of Justice.
Thanksgiving travel is set to smash records as millions fly, drive, and ride despite FAA disruptions and economic uncertainty. Here’s what you need to know.