Planet Blue Beverage
Planet Blue Beverage makes a sports drink distinct in its quality taste and nutritional value. Pro Motion®" Thirst Quencher is a sports drink distinct in its quality taste and nutritional value. Pro Motion® is being produced in five flavors—lemon‐lime, fruit punch, orange, raspberry and grape and offers a substantially lower amount of sodium and a higher potassium content than the competition. Pro Motion® is non‐carbonated and is being offered in sweetened and zero calorie versions. It is fortified with Vitamins B3, B5, B6 and B12. This results in a clean, refreshing taste, true exercise recovery drink, that is naturally beneficial to the customer and leaves no salty or sweet aftertaste.
The terms are of this Series A1 Non-voting Preferred, are $500K round, $2.5mm pre-money valuation, 6% cumulative dividend, and 1X liquidation.
Planet Blue successfully closed a $165K Revenue based funding round in August, 2014.