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Liquid Death

United States

About Liquid Death

Liquid Death is revolutionizing the beverage industry with its unique approach to bottled water, transforming a mundane commodity into a premium lifestyle brand. Valued at $1.4 billion following a successful Series E funding round, the company has captured the attention of both consumers and investors alike. Its signature product, mountain spring water packaged in eye-catching 16.9 oz aluminum cans, stands out with a bold design that resembles beer containers, making hydration a statement rather than a necessity. The product line has expanded to include sparkling water, flavored options with playful names like "Mango Chainsaw," and even canned iced teas, all maintaining a consistent heavy metal aesthetic.

Liquid Death's business model thrives on its ability to generate organic buzz through irreverent marketing, setting it apart from traditional bottled water brands that rely on bland advertising. With a presence in over 113,000 retail outlets, including major chains like Whole Foods and Walmart, the company has successfully penetrated the market while maintaining a direct-to-consumer approach. This omnichannel strategy not only boosts sales but also enhances brand visibility.

Looking ahead, Liquid Death is poised for significant growth, with plans for international expansion and further product line diversification. By tapping into new markets and categories, the company aims to solidify its position as a leader in the $300+ billion global bottled water market, all while promoting sustainability and a counter-culture ethos.

News

Research Reports

Liquid Death One-Pager

Sean Frank, CEO of Ridge, on the state of ecommerce post-COVID

Frequently Asked Questions

How would the investment be structured?

When investment opportunities become available for Liquid Death, they would typically be structured through US-based, bankruptcy-remote Delaware SPVs. As an investor, you would become a limited partner in a fund that indirectly holds shares of the company. This page is for expressing interest in future opportunities, not for making actual investments.

Why can't I invest in Liquid Death directly?

Direct investment into high-demand private companies like Liquid Death often requires $50M+ in capital. Our SPV structure gives you access at lower minimums by pooling capital and investing through intermediaries that already hold equity.

What is the minimum investment amount?

The minimum investment typically starts from $10,000, though it may vary depending on the deal size and available allocations.

When will I receive units for my investment?

Once the SPV is fully funded and the shares are secured, units will be allocated to your account and you'll be notified. This typically takes 2–3 weeks post close date.

What are the exit options or liquidity paths?

Liquidity is not guaranteed. However, exits may occur through the following avenues:
(a) resale through our partner's Alternative Trading System (ATS) after a holding period,
(b) secondary market transactions,
(c) a future IPO of Liquid Death or its subsidiaries, or
(d) an acquisition of the company.

What are the risks of investing in Liquid Death?

Key risks include equity risk (share value decline) and liquidity risk (limited tradability of private shares). As with any private market investment, capital loss is possible.

What are the tax implications?

Taxation is treated the same as investing in US-listed stocks. Long-term capital gains (after 24 months) are taxed at 12.5%. Short-term gains are taxed as per your income tax slab.

Under which regulatory framework does this investment fall?

All investments are made through SEC-compliant SPVs under Regulation S. The structure is similar to those used by leading US platforms like EquityZen and Forge.

Need More Information?

Have additional questions about this investment opportunity? Our team is here to help.

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Funding Rounds

Series F

$12.87 November 27th, 2023

Series E

$9.66 November 27th, 2023

Series D

$6.83 November 27th, 2023

Series C

$6.02 November 27th, 2023

Series B

$2.62 November 27th, 2023

Series A

$1.25 November 27th, 2023

Seed

$0.26 November 27th, 2023

Funding Rounds

Series F

$12.87 November 27th, 2023

Series E

$9.66 November 27th, 2023

Series D

$6.83 November 27th, 2023

Series C

$6.02 November 27th, 2023

Series B

$2.62 November 27th, 2023

Series A

$1.25 November 27th, 2023

Seed

$0.26 November 27th, 2023
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