How Much Did Cirkul Raise? Headquarters, Funding & Key Investors

Cirkul, founded on October 28, 2015 and headquartered in Tampa, Florida, has raised a total of $115 million across multiple funding rounds, including a $70 million Series C in June 2022 led by SC.Holdings and a $30 million Series B in August 2021 led by AF Ventures, along with earlier venture rounds of $6.7 million (2020) and $4.9 million (2019). Valued at $1 billion as of June 2022, Cirkul’s personalized beverage system promotes healthier hydration, featuring Sip® Cartridges, reusable bottles, and flavored options enhanced with electrolytes, B-vitamins, and caffeine, while reducing plastic waste.

How Much Did Cirkul Raise? Funding & Key Investors

Cirkul has raised significant capital across multiple funding rounds, backed by leading firms such as SC.Holdings and AF Ventures. The company provides innovative beverage solutions that enable consumers to enjoy flavored water with a variety of nutritious options while encouraging better hydration habits.

What Is Cirkul and What Does It Do?

Cirkul, founded on October 28, 2015, by Andy Gay and Garrett Waggoner, is headquartered in Tampa, Florida. The company specializes in a personalized beverage system that includes Sip® Cartridges, reusable bottles, and various flavor cartridges enhanced with electrolytes, B-Vitamins, and caffeine.

With a team of 251-500 employees, Cirkul focuses on creating healthy, convenient, and enjoyable hydration experiences for consumers.

How Much Funding Has Cirkul Raised?

1. Series C

Amount Raised: $70M
Date: June 2022
Lead Investors: SC.Holdings
Motivation: To further expand product lines and enhance market reach.

2. Series B

Amount Raised: $30M
Date: August 2021
Lead Investors: AF Ventures
Motivation: To accelerate growth and focus on product innovation.

3. Venture Round

Amount Raised: $6.7M
Date: September 2020
Lead Investors: Not publicly disclosed
Motivation: To support initial market entry and product development.

4. Venture Round

Amount Raised: $4.9M
Date: March 2019
Lead Investors: Not publicly disclosed
Motivation: To fund early-stage operations and product launch.

Total Funding Raised: $115 Million

Current Valuation: $1 Billion (as of June 2022)

Latest Funding Date: June 2022

Key Investors

1. SC.Holdings

Details: SC.Holdings is an investment firm that focuses on growth-stage companies, supporting innovative businesses across sectors.
Investment Focus Areas: Growth-stage companies, technology, consumer goods.
Notable Investments: Hyperice, Cirkul, Supergoop..

2. AF Ventures

Details: AF Ventures is a venture capital firm investing in high-growth consumer brands and supporting industry-transforming companies.
Investment Focus Areas: High-growth consumer brands, food and beverage, health and wellness.
Notable Investments: Lola, Gainful, Cirkul, ByHeart..

3. Siddhi Capital

Details: Siddhi Capital is a venture capital firm investing in food and beverage companies with innovative and sustainable solutions.
Investment Focus Areas: Food and beverage, sustainability, and consumer goods.
Notable Investments: Magic Spoon, Cirkul, Sakara, Hint..

Where Is Cirkul’s Headquarters?

Cirkul is headquartered in Tampa, Florida, a key commercial hub that supports product development, logistics, and coordination with retail partners.

What’s Next for Cirkul?

Cirkul is poised for substantial growth in the booming hydration market, driven by consumer demand for healthier and sustainable beverage options. The company’s personalized hydration system focuses on reducing plastic waste, and innovative flavor options position it to capture a significant market share.

Future fundraising opportunities are likely as Cirkul expands its product line and market reach, attracting investors interested in sustainable, health-focused consumer products.

Get Investor & Funding Insights with TexAu

TexAu helps sales and business teams uncover detailed fundraising information on companies like Cirkul. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.