Cove Soda is a functional carbonated soft drink company headquartered in Halifax, Nova Scotia, that produces zero-sugar probiotic sodas meant to evoke nostalgic soft-drink flavors while supporting gut health. The brand debuted its product line in 2023 and has already secured distribution in more than 7,000 retail doors across Canada and the United States, including Costco, Target, Whole Foods Market, and Sprouts, as well as online through Amazon. Founded by brothers John and Ryan MacLellan, Cove emphasizes flavor innovation, with Ryan leveraging his physics background to craft each recipe. The company positions itself as the world’s first zero-sugar functional soda and aims to disrupt the $250 billion carbonated soft drink market. A newly signed distribution partnership with Keurig Dr Pepper Canada is expected to accelerate market penetration even further. Proceeds from its latest funding will be used to launch new flavors and expand the team to support rapid North American growth. While Cove did not disclose revenue figures, its expansive retail footprint indicates strong early traction.

Total raised

$16M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2025