Koia makes 100% plant-based, low-sugar nutrition drinks including protein shakes and smoothies intended for health-focused consumers. The brand emphasizes performance and recovery and has partnered with high-profile plant-based advocates. Koia products are sold in over 16,000 stores, including Whole Foods and Walmart. The company generated $8 million in sales in 2019 and reported record-setting sales in Q2 2021 that put it on a greater-than-$40M run rate. Koia was added to the CircleUp Growth Partners portfolio last year. As part of the new partnership with investor Chris Paul, the company plans a Koia vending machine program targeting HBCU campuses, with a pilot this year and a broader roll-out in 2022. Koia produces refrigerated, ready-to-drink plant-based protein beverages using a proprietary blend of brown rice, hemp, and pea proteins. The products are soy-free, dairy-free, gluten-free, and non-GMO. Founded in 2013 and led by CEO Chris Hunter, the company operates from San Diego, California. Koia closed a $7.5M seed funding round to support growth. The company plans to use the funds to expand the team, accelerate retail expansion, and launch a multi-region field marketing campaign. Bill Moses, the founder of Kevita, will join Koia’s board as part of the financing.

Total raised

$8M

Funding rounds

2

Latest round

Seed

Latest activity

Jul 2017