When was waterdrop founded?

waterdrop was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is waterdrop located?

waterdrop is headquartered in Chicago, United States. It is registered at 200 S Wacker Drive ,Suite 3100, Chicago, IL 60606..

Who is the current CEO of waterdrop?

Martin Donald Murray of waterdrop. They have also founded 2 companies and are an angel investors in 1 startup.

Which legal entities is waterdrop associated with?

waterdrop is associated with Waterdrop Microdrinks, LLC.

How many employees does waterdrop have?

As of Sep 30, 2026, the latest employee count at waterdrop is 435.

Is waterdrop a funded company?

waterdrop is a funded company, having raised a total of $187M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 31, 2018.

How much is waterdrop worth?

The latest valuation of waterdrop is $***** as of Apr 13, 2025.

When was the latest funding round of waterdrop?

waterdrop's latest funding was a $***** Series C round on May 05, 2026, with participation from 1 investor.

Where does waterdrop rank among its competitors?

waterdrop ranks 1st amongst 216 active competitors, of which 24 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was waterdrop, which secured $117M in May, 2026.

Who are the top competitors of waterdrop?

waterdrop's top competitors include Keurig Dr Pepper, Liquid Death and Frazil. Among them, waterdrop secured the most recent funding round in May, 2026.

waterdrop - 2026 Company Profile, Team, Funding & Competitors

waterdrop is a series C company based in Chicago (United States), founded in 2016 by Martin Donald Murray and Thomas Wieser. It operates as an Internet first brand of electrolytes hydration cubes. waterdrop has raised $187M in funding from Temasek and Dohler Ventures, with a current valuation of $*****. The company has 216 active competitors, including 24 funded and 21 that have exited. Its top competitors include companies like Keurig Dr Pepper, Liquid Death and Frazil.

Company Details

Internet first brand of electrolytes hydration cubes. It offers a variety of flavors such as lime, acai, cranberry, hibiscus, ginger, and mango. The company sells their products through their own online website as well as through retailers.

Website: www.waterdrop.com/
Social
Email ID: *****@waterdrop.com
Phone Number: +1 **********
Registered Address: 200 S Wacker Drive ,Suite 3100, Chicago, IL 60606.

Key Metrics

Founded Year

2016

Location

Chicago, United States

Stage

Series C

Total Funding

$187M in 4 rounds

Latest Funding Round

Series C, May 05, 2026, $*****

Post Money Valuation

$***** as on Apr 13, 2025

Investors

Temasek & 11 more

Ranked

1^st among 216 active competitors

Employee Count

435 as on Sep 30, 2026

Similar Companies

LIFEAID Bev & 290 more

View waterdrop's full profile

waterdrop is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Waterdrop Microdrinks, LLC CIN: 6848964 , United States, Active	Apr 16, 2018	-	-	-

waterdrop has raised a total funding of $187M over 4 rounds. Its first funding round was on Oct 31, 2018. Its latest funding round was a Series C round on May 05, 2026 for $*****. 1 investor participated in its latest round. waterdrop has 9 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of waterdrop:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 05, 2026	4411090	Series C	7369538	5499409	8104983	1084742
Jan 17, 2023	2662518	Angel	1916124	1645852	3434777	4688859
Feb 02, 2022	6589308	Series B	6915798	6145097	Temasek	Founders Future & 1 more

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View details of waterdrop's funding rounds and investors

The founders of waterdrop are Martin Donald Murray and Thomas Wieser. Martin Donald Murray is the CEO of waterdrop.

Here are the details of waterdrop's key team members:

Martin Donald Murray: Co-Founder & CEO of waterdrop and founder of 1 other company. They are also an angel investor in 1 startup.
Thomas Wieser: Co-Founder of waterdrop.
Contact Info: 1 email address

View details of waterdrop's Founder profiles and Board Members

waterdrop's employee count trend

waterdrop has 435 employees as of Sep 26. Here is waterdrop's employee count trend over the years:

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Top competitors of waterdrop include Keurig Dr Pepper, Liquid Death and Frazil. Here is the list of Top 10 competitors of waterdrop, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	waterdrop 2016, Chicago (United States), Series C	Internet first brand of electrolytes hydration cubes	$187M	Temasek, AA Sons & 10 others	75/100
2nd	Keurig Dr Pepper 1981, Burlington (United States), Acquired	Manufacturer and distributor of hot and cold beverages	$2.05M	NAXS, Peugeot Invest & 1 others	66/100
3rd	Liquid Death 2014, Los Angeles (United States), Series D	Internet first brand offering beverages	$264M	Science, SuRo Capital & 43 others	64/100
4th	Frazil 2003, Salt Lake City (United States), Funding Raised	Manufacturer of slush beverage products for distribution in retail stores	-	Plexus Capital, InvestPro Consults & 1 others	52/100
5th	AriZona Beverages 1992, Cincinnati (United States), Unfunded	Manufacturer of ready-to-drink beverages and related merchandise	-	-	51/100
6th	Polar Beverages 1882, Worcester (United States), Early Stage	Manufacturer of sparkling seltzer waters mixers and classic soda beverages	$14M	Shinettis, Capital Resource Partners & 3 others	50/100
7th	LIFEAID Bev 2011, Santa Cruz (United States), Series C	Manufacturer of functional beverage blends for enhanced performance	$24.7M	Cambridge Companies SPG, KarpReilly & 6 others	49/100
8th	Skinny Mixes 2008, Clearwater (United States), Acquired	Internet first brand offering syrups	-	Capital Southwest	48/100
9th	BAI Brands 2009, Princeton (United States), Acquired	Manufactures and markets flavoured antioxidant drinks	$56.8M	Keurig Dr Pepper, Strand Equity Partners & 4 others	48/100
10th	National Beverage 1985, Fort Lauderdale (United States), Public	Manufacturer of sparkling waters, juices, and energy drinks	-	Court Square	46/100