Hydrant raises $5.7 million Series A to help consumers hydrate faster
https://techcrunch.com/2020/05/07/hydrant-raises-5-7-million-series-a-to-help-consumers-hydrate-faster/
Eight glasses of water a day. That’s the old recommendation you and I have heard growing up. And while we all know the importance of hydration to our health, some methods of hydration are more efficient than others. At least, that’s the premise that Hydrant was built on.
The company, a wellness brand that launched out of New York in 2018, has today announced the close of a $5.7 million Series A financing to grow wellness business. The round was led by Coefficient Capital, with participation from Rx3 Ventures. This brings total funding to $8.8 million for the company, who was previously backed by Soma Capital, Sixers Innovation Lab, as well as several angels and other funds.