All portfolio
    Venture·CPG · Beverage·Partnered 2025

    Liquid Death

    Mike Cessario — founders of Liquid Death
    FounderMike Cessario
    Platform
    Venture
    Sector
    CPG · Beverage
    Stage
    Growth
    First partnered
    2025
    Founded
    2017
    Headquarters
    Los Angeles, CA
    What they're building

    Liquid Death is building a disruptive, lifestyle-driven beverage brand that targets a health-conscious, environmentally aware, and counter-culture audience with its unique proposition. They market canned mountain water, sparkling water, iced teas, and now sparkling energy drinks with an irreverent, heavy-metal-inspired aesthetic and a strong "Death to Plastic" environmental message. Beyond just selling beverages, Liquid Death is cultivating a community and a movement, aiming to make healthy drink choices and eco-friendly packaging cool and accessible, effectively challenging traditional beverage giants by blending edgy marketing with a clear commitment to sustainability.

    Why we partnered

    We invested early because the team understood something the rest of the beverage industry missed: water is a commodity, but attention is not. Liquid Death's product is genuinely good — sourced from a single Austrian alpine spring, recyclable infinitely — but the durable moat is brand. The kind of brand that a founder cannot manufacture later with a marketing budget.

    The bet: a brand that earned its way into Whole Foods on the strength of social proof would also earn its way into 7-Eleven, Walmart, and Target. That has now happened.

    Selected milestones
    1. 2024
      Reported $260M+ in retail sales
    2. 2022
      Launched flavored sparkling water and iced tea lines
    3. 2020
      Closed $9 million Series A Funding
    4. 2017
      Company founded
    Frequently asked

    Building something we should know about?

    We back operators with conviction.