Confirmed Capital Raise Closed Financing verified beveragesConsumerFood & Beverage

Liquid Death raises capital from Live Nation and other investors

Liquid Death, a US beverages brand, raised capital from Live Nation and other investors. Amount invested is separate from enterprise value.

Transaction summary

Company
Liquid Death
Announced
2024-03-11
Geography
United States
Type
Capital Raise
First added
2026-10-04
Latest update
2026-10-21

Raise and valuation context

100% enterprise value

USD 1.4B

100% enterprise value | USD

Basis: Public source

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

4.2x

Period: Unspecified

Basis: Public source

EV / EBITDA

-

EBITDA basis not stated

Basis: FundComb estimate

Amounts paid and other reported values

Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.

Consideration: USD 67.0M

Bloomberg reports $67 million raised; financing proceeds, not acquisition consideration.

Basis

  • The $1.4 billion reported company valuation is used as the estimated EV; it is not a disclosed debt-adjusted EV. The $67 million is financing proceeds, not EV. No exact stake is established. Multiples reports a 4.2x valuation-to-revenue multiple without specifying the revenue period or calculation basis. Sacra reports revenue of $45 million in 2021, $110 million in 2022 and $263 million in 2023, estimates 2024 revenue at $333 million, and describes investor materials as projecting roughly $340 million of 2025 revenue. TechCrunch reports $263 million in 2023 retail sales through registers, not company revenue.

Source summary

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

Confirmed

Liquid Death has raised new capital that values the startup at $1.4 billion

Open source

Liquid Death revenue, valuation & funding

Confirmed

Sacra estimates that Liquid Death generated $333M in 2024

Open source

Liquid Death Revenue, Valuation, Funding & Investors

Confirmed

Liquid Death is valued at $1.4B as of March 2024, a 4.2x revenue multiple.

Open source

Liquid Death is just one of many VC-backed beverage startups ready to disrupt Coke and Pepsi

Confirmed

raised $67 million at a $1.4 billion valuation and reached $263 million in sales in 2023.

Open source

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