When you give Lemon Perfect some lemons, they make a big pitcher of funding out of it.
Equally as impressive as the funding is where some of the funding came from—Beyoncé! In Lemon Perfect’s press release, they shared this quote from her: “I don’t typically enjoy drinks without added sugar, but Lemon Perfect is delicious,” said Knowles-Carter. “It was an easy decision to invest in something that not only tastes great and is healthy, but also, and most importantly, allows choosing a healthier lifestyle to be affordable and accessible to everyone.”
Lemon Perfect has just closed its Series A round of funding for $31 million. This new infusion of cash will allow Lemon Perfect to scale the brand’s distribution to exceed 40,000 points before the close of 2022.
“Stage 1 Fund initially invested in the Seed Round of Lemon Perfect, and it has been incredible to assist in the explosive growth that Yanni and the Lemon Perfect Team have executed thus far. This is especially impressive considering how tough it is to succeed in the beverage category. These early milestones are a reflection of Yanni’s tenacity and his willingness to surround himself with experts early on in the process. Stage 1 Financial & Stage 1 Fund are proud to have provided outsourced support and capital for the brand, and we look forward to Lemon Perfect’s continued success and growth moving forward within the beverage marketplace. The Company is now well-positioned and capitalized to continue execution on its explosive path,” shared David Bartholomew, a Partner at Stage 1 Fund.
Stage 1 Financial has been a key partner of Lemon Perfect since the very early days. Their commitment to a healthy hydrating solution free of sugar has led them to create a truely delicious beverage. Check out their products and learn more at LemonPerfect.com.
Read Lemon Perfect’s full press release here.