Adina for Life is a San Francisco-based producer of natural and organic beverages, best known for its Adina Holistics product line. The company completed a $14M equity financing to support its growth. The round was led by Dallas, TX-based CIC Partners and included participation from Sherbrooke Capital, Pacific Community Ventures, Good Capital, Seraph Capital and many of Adina’s distributor partners. Adina said it will use the proceeds to bolster national distribution of its flagship Adina Holistics products. In conjunction with the financing, Roger Enrico (former Chairman and CEO of PepsiCo and Chairman of DreamWorks Animation SKG) and Michael Rawlings (managing partner at CIC Partners) will assume board positions. The company also named Norman E. Snyder as its new President and Chief Operating Officer last month.

Total raised

$14M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2010