
Liquid Death
Founded Year
2017Stage
Unattributed VC - III | AliveTotal Raised
$321.26MRevenue
$0000About Liquid Death
Liquid Death focuses on providing canned beverages, particularly water emphasizing environmental sustainability. The company offers mountain water, flavored sparkling water, and iced tea, all served in recyclable aluminum cans designed to reduce plastic waste. It also sells a range of merchandise, including apparel and accessories. It was formerly known as Supplying Demand. The company was founded in 2017 and is based in Santa Monica, California.
Loading...
Loading...
Research containing Liquid Death
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Liquid Death in 1 CB Insights research brief, most recently on Oct 3, 2023.
Expert Collections containing Liquid Death
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Liquid Death is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,297 items
Food & Beverage
3,503 items
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
Latest Liquid Death News
Nov 10, 2025
Real-time data means real-time results This post was created in partnership with Ibotta Real-time data and AI are transforming the grocery aisle. How? Brands must deliver the right offer to the right shopper at exactly the right moment to drive incremental sales and boost brand loyalty. During a Brandweek 2025 session co-hosted with Ibotta, Bryan Leach, founder and CEO at Ibotta, and Benoit Vatere, chief media officer at Liquid Death, discussed how performance marketing is enhancing value and growth for the CPG industry. A new solution for CPG brand challenges Leach opened the discussion by sharing Ibotta’s recent announcement of the launch of LiveLift, the first performance marketing platform for the CPG industry. The set of solutions allows Ibotta’s partners to measure the ROI of a digital promotion. Leach said the solution helps the CPG brand challenge of knowing whether a digital promotion drove incremental sales or just subsidized people who were already buying the product. “In the past, the challenge has been that it’s hard to know whether or not a digital promotion really drove incremental sales or just subsidized people who were already buying your product, and what the cost per incremental dollar is,” Leach explained. “With LiveLift, marketers can use digital performance marketing to set targets and create a rolling measurement, and then optimize while the campaign is in flight.” Vatere has been piloting LiveLift for the last six months at Liquid Death. He agreed with Leach that measuring incrementality is a challenge. “You can really measure incrementality only if you get the sell signal from the retailer, which is another problem, and it’s also very delayed,” Vatere said. “So, how do you build your campaigns, your full media mix to lead to performance?” Controlling variables, measurement, and ROAS Consumers who are already about to buy Liquid Death don’t need a temporary price reduction (TPR) or promotion dollars. Consumers who’ve never tried Liquid Death might. But it’s difficult to distinguish between those two, Vatere said. “Our north star is around household penetration. We know that TPR and promotion are big drivers for people to try the product. Now we need to get that promotion in front of the people who never bought us, not people who know about us already,” Vatere shared. And that’s a big challenge when you do that in store.” Leach mentioned that in digital media, measurement is usually done with lift studies and matched audiences, but the principles have never been used in the promotion space. When companies try to compare sales in one period of time to a later period, there are a lot of variables at play. “We’re trying to control for variables, so you can make a claim about what caused what sales,” Leach said. Vatere remarked that the industry needs to stop talking about ROAS and instead work toward performance. “ROAS was made for media buyers and media agencies to look good in front of the brand.” Brands need to hold the standard for measuring incremental sales. “Let’s add an ‘I’ in front of ROAS. Let’s talk about incremental ROAS. Let’s talk about those costs per incremental dollars,” he said. Growing incremental sales, reducing the sales cycle Another challenge Liquid Death and other CPG brands face is selling a product in many different environments and trying to get a perspective on incremental sales across channels. “You need some data that looks at in-store purchases as well as online purchases for millions of consumers to model what those incremental sales are,” Leach explained. LiveLift tackles that incremental sales challenge, Vatere shared. “With the tool, you guys get the signal from the sales on the Ibotta side, and now I don’t have to rely on Walmart telling me if a sale occurs. You know that sale occurred because you are in there. That’s part of why you can get it in real time, and you cannot get it anywhere else,” he said. With the LiveLift pilot, Vatere saw results for Liquid Death: It was profitable both for incremental and for valuation, and it also reduced the sales cycle, or the time in between trips, quite a bit. “So, for me, that was a double win there,” Vatere said. “It was fully incremental, but also talking about retention, it was a growth of the buy rate, which we’re always looking for.”
Liquid Death Frequently Asked Questions (FAQ)
When was Liquid Death founded?
Liquid Death was founded in 2017.
Where is Liquid Death's headquarters?
Liquid Death's headquarters is located at 4077 Redwood Avenue, Santa Monica.
What is Liquid Death's latest funding round?
Liquid Death's latest funding round is Unattributed VC - III.
How much did Liquid Death raise?
Liquid Death raised a total of $321.26M.
Who are the investors of Liquid Death?
Investors of Liquid Death include 4th & 1 Ventures, Bossa Invest, 1435 Capital, Ares Commercial Finance, Science and 36 more.
Who are Liquid Death's competitors?
Competitors of Liquid Death include Liqueurs La Sarre and 8 more.
Loading...
Compare Liquid Death to Competitors
Aura Bora produces sparkling water infused with herbs, fruits, and flowers, catering to the beverage industry. The company offers flavored sparkling waters that do not contain calories, sugar, or artificial ingredients. Aura Bora's products are marketed towards health-conscious consumers looking for beverage options without added sweeteners or preservatives. It was founded in 2020 and is based in San Francisco, California.

JUST Goods provides mountain spring water. Its offerings include natural spring water and a variety of flavored waters, presented in aluminum packaging. The company is B-Corp certified and minority-owned. It was founded in 2012 and is based in New York, New York.

Spindrift operates in the beverage industry, producing sparkling water from real fruit. Its offerings consist of carbonated drinks that use natural ingredients and do not contain artificial components. Spindrift targets consumers interested in flavorful beverage options. It was founded in 2010 and is based in Newton, Massachusetts.

Hylux is a company that produces vitamin-enhanced water in the beverage industry. Their offerings include water products that contain vitamins, electrolytes, and antioxidants with low calories. Hylux caters to consumers looking for healthy drink options. It is based in Brooklyn, New York.

Lemon Perfect produces flavored lemon water, which includes flavored water infused with organic lemon, providing hydration with zero sugar and five calories per serving. The company targets consumers interested in low-calorie hydration alternatives. It was founded in 2017 and is based in Atlanta, Georgia.

Waterdrop provides a range of hydration products, including microdrinks with vitamins and zero sugar for daily water intake. Waterdrop's product line also includes electrolyte supplements for exercise recovery, energy-boosting formulas, and a range of bottles and accessories. The company was founded in 2016 and is based in Vienna, Austria.
Loading...
