Liquid Death Is Valued at $1.4 Billion in New Financing Round

A water brand with a popular social media following is now a billion-dollar company. Los Angeles-based Liquid Death has raised new capital that values the startup at $1.4 billion, double its $700 million valuation in 2022.

The business has seen its momentum continue with newer categories such as iced tea and flavored waters, Chief Executive Officer Mike Cessario said in an interview.

Liquid Death raised $67 million in capital from strategic investors such as distribution partners, as well as from actor Josh Brolin, National Football League player DeAndre Hopkins and Live Nation Entertainment Inc., which sells the products at ...