High Performance Beverage Company
5137 E Armor St, Cave Creek, Arizona, 85331, United States
Overview
High Performance Beverage Company manufactures and distributes a line of sport performance drinks under the trade name High Performance Beverages. Its drinks are sugar-free, extremely low in calories and caffeine, and formulated to support mental focus and increase blood flow, positioning the product between supplements, energy and hydration beverages. The company reported an initial sales launch that reached Amazon.com's #1 Best Seller in the nutrition category within the first 48 hours. Management plans to use proceeds from financing to introduce more flavors, build inventory levels, and develop a nationwide retail distribution channel beginning in 2016. Financially, the company has obtained a commitment for a $5 million equity line and issued a $450,000 bridge loan note to the financier, and it has retired four convertible notes in the past 60 days while seeking to consolidate other outstanding debt. The company is based in Cave Creek, Arizona.
- Total raised
- $5M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Oct 2015
Industries
- Fitness
- Food and Beverage
- Sports
Recent funding
Equity
Oct 2015
$5M
Team
No current team members are available.