LMNT
PrivateLast Round
Crowdfunding
Aug 16, 2022
Est. Valuation
$63.33M
Total Funding Raised
$7.86M
Company Overview
LMNT is a health and wellness company that produces and sells a popular electrolyte drink mix. The product is formulated to be high in sodium (1000mg) and free of sugar, gluten, fillers, and artificial ingredients, making it suitable for individuals on ketogenic, low-carb, or paleo diets. The company was founded in 2018 by a team including Robb Wolf and James Murphy, who identified a market gap for a clean electrolyte solution. LMNT has primarily grown through a direct-to-consumer e-commerce model and has raised capital from investors including ALIVE Ventures and Thrive Market Ventures. The company reported over $200 million in net sales for 2023 and has recently expanded its product line to include a ready-to-drink sparkling version.
Sector
Consumer & Commerce
Verticals
D2C Brands, E-commerce, Sports & Fitness, Subscription Commerce
Business Model
B2C
Customer Profile
Hardware Sales, Hardware + Subscription
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
LMNT Comps
Public and private peers based on sector, stage, and business model.
LMNT Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Crowdfunding | Aug 16, 2022 | ||||
| Crowdfunding | Oct 8, 2021 | ||||
| Series A | Jul 7, 2021 |
LMNT Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Incisive Ventures | Crowdfunding, Series A |
| Wild Ventures | Crowdfunding, Series A |
| Wilder Capital | Series A |
| Alive Ventures | Crowdfunding, Series A |
| Riverside Ventures | Crowdfunding, Series A |
| SHL Capital | Crowdfunding, Series A |
LMNT Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about LMNT's valuation, stock price, and market status.
