REMEDY DRINKS CLOSES SERIES B FUNDING ROUND AND APPOINTS NEW C-SUITE SALES LEADER TO ACCELERATE GLOBAL GROWTH
LOS ANGELES, Feb. 21, 2023 /PRNewswire/ -- Remedy Drinks, the innovator of shelf-stable, no-sugar, better-for-you beverages announces the closing of a Series B funding round from its existing lead investors L Catterton and Kin Group. The new capital raised will be focused on global retail growth through new distribution and retail takeaway. Remedy Drinks also announces the appointment of a new Chief Customer Officer, Nathan Schy. As the third largest kombucha brand globally and fastest growing in the U.S. market (272% year-over-year via SPINS), Schy will aggressively build on this momentum with existing and new customers.
- The new capital raised will be focused on global retail growth through new distribution and retail takeaway.
- Remedy Drinks also announces the appointment of a new Chief Customer Officer, Nathan Schy.
- "This funding round from our partners at L Catterton and Kin Group will allow us to continue to fuel our global retail expansion with Nathan Schy at the helm.
- Remedy Drinks' mission is to make great tasting, shelf-stable kombucha and functional beverages accessible to consumers globally.