Vending

Hint flavored water maker raises $25 million

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August 20, 2020

Hint Inc., maker of the still flavored water which has been marketed to the convenience services industry, secured $25 million Series D financing, led by Springboard Growth Capital, an investment partnership, according to a press release.

Also joining the round are Philippe Laffont, Linnea Roberts' Gingerbread Capital and Emiliano Román's Medina Heights Capital Partners.

Hint water retail sales growth exceeded 80% in the past 52 week period, making Hint the country's fastest-growing still flavored water, according to the press release.

The new investment will be used primarily to fuel continued hyper-growth online and in retail locations across the country.