Revive Kombucha Raises $7.5M in Series B Funding
Summary
In conjunction with the funding, Eric Lauterbach, Chairman of Coldcraft and President of Consumer at Peet’s Coffee, joined Revive’s Board of Directors.The company intends to use the funds to scale its team, grow its brewery operations, and expand its national distribution.Founded by Sean and Rebekah Lovett in 2010, Revive Kombucha is an employee and family-owned brewery that creates naturally fermented beverages containing live probiotic cultures.The company is organic, non-GMO, Fair Trade certified, ethically sourced and raw and its product is distributed across nearly 50 states at retailers like Trader Joe’s, Whole Foods, The Fresh Market, Wegmans, and Safeway.Coldcraft, which currently distributes Peet’s and Stumptown Coffee Roasters bottled cold brew, will expand Revive’s market reach throughout California in over 1,600 food service, grocery, and Peet’s coffeebar locations.