When was Waterloo Sparkling founded?

Waterloo Sparkling was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Waterloo Sparkling located?

Waterloo Sparkling is headquartered in Austin, United States.

How many employees does Waterloo Sparkling have?

As of Aug 31, 2026, the latest employee count at Waterloo Sparkling is 99.

Is Waterloo Sparkling a funded company?

Waterloo Sparkling is a funded company, having raised a total of $7.18M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 26, 2017.

How much is Waterloo Sparkling worth?

The last known valuation of Waterloo Sparkling was $***** as of Jan 01, 2025.

When was the latest funding round of Waterloo Sparkling?

Waterloo Sparkling's latest funding was a $***** Conventional Debt round on Oct 10, 2019, with participation from 1 investor.

Where does Waterloo Sparkling rank among its competitors?

Waterloo Sparkling ranks 4th amongst 160 active competitors, of which 20 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Recess, which secured $30M in Oct, 2025.

Who are the top competitors of Waterloo Sparkling?

Waterloo Sparkling's top competitors include Recess, Dash Water and Fever-Tree. Among them, Recess secured the most recent funding round in October, 2025.

Waterloo Sparkling - 2026 Company Profile, Team, Funding & Competitors

Waterloo Sparkling is an acquired company based in Austin (United States), founded in 2017 by Brandon Cason, Daniel Barnes and Sean Cusack. It operates as a Manufactures and supplier of aromatic water. Waterloo Sparkling has raised $7.18M in funding from CAVU Consumer Partners, with last known valuation of $*****. The company has 160 active competitors, including 20 funded and 22 that have exited. Its top competitors include companies like Recess, Dash Water and Fever-Tree.

Company Details

Waterloo manufactures and supplier of aromatic water in a variety of flavors such as lime, watermelon, grapefruit, and coconut. The company claims that their products are made with natural ingredients such as fruit extracts, aromatic extracts & botanical elements.

Website: drinkwaterloo.com
Social
Email ID: *****@drinkwaterloo.com

Key Metrics

Founded Year

2017

Location

Austin, United States

Stage

Acquired

Total Funding

$7.18M in 3 rounds

Latest Funding Round

Conventional Debt, Oct 10, 2019, $*****

Last Known Valuation

$***** as on Jan 01, 2025

Investors

CAVU Consumer Partners & 4 more

Ranked

4^th among 160 active competitors

Employee Count

99 as on Aug 31, 2026

Similar Companies

Recess & 198 more

Exit Details

Acquired by Flexis Capital (Aug 19, 2020)

View Waterloo Sparkling's full profile

Waterloo Sparkling is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WATERLOO SPARKLING WATER CORP CIN: 814923644 , United States, Active	Dec 31, 1999	-	101 (As on Dec 31, 2024)	-
WATERLOO SPARKLING WATER CORP. CIN: - , Belgium, Active	Jan 08, 2017	-	-	-

Waterloo Sparkling got acquired by Flexis Capital and Eurazeo on Aug 19, 2020.

Click here to take a look at Waterloo Sparkling's acquisition in detail

Waterloo Sparkling has raised a total funding of $7.18M over 3 rounds. Its first funding round was on Jul 26, 2017. Its latest funding round was a Conventional Debt round on Oct 10, 2019 for $*****. 1 investor participated in its latest round. Waterloo Sparkling has 5 institutional investors.

Here is the list of recent funding rounds of Waterloo Sparkling:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 10, 2019	8392849	Conventional Debt	2520353	6754183	9777038	7115252
May 01, 2018	6656388	Series A	9471026	5346007	3860147	5343577
Jul 26, 2017	2718787	Series A	1217052	3925234	8486360	5127808

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View details of Waterloo Sparkling's funding rounds and investors

The founders of Waterloo Sparkling are Brandon Cason, Daniel Barnes and Sean Cusack.

Here are the details of Waterloo Sparkling's key team members:

Brandon Cason: Co-Founder & CMO of Waterloo Sparkling and founder of 1 other company.
Contact Info: 1 email address
Daniel Barnes: Co-Founder of Waterloo Sparkling.
Sean Cusack: Co-Founder of Waterloo Sparkling.
Contact Info: 1 email address

View details of Waterloo Sparkling's Founder profiles and Board Members

Waterloo Sparkling's employee count trend

Waterloo Sparkling has 99 employees as of Aug 26. Here is Waterloo Sparkling's employee count trend over the years:

Employee count trend for Waterloo Sparkling

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Top competitors of Waterloo Sparkling include Recess, Dash Water and Fever-Tree. Here is the list of Top 10 competitors of Waterloo Sparkling, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Recess 2018, New York City (United States), Series B	Calm, cool, collected functional beverages for relaxation and focus	$57.7M	CAVU Consumer Partners, VANQUISH EQUITY & 16 others	62/100
2nd	Dash Water 2017, London (United Kingdom), Series A	Brand of carbonated water	$23.2M	KM Capital, Beringea & 36 others	61/100
3rd	Fever-Tree 2003, New York City (United States), Public	Brand of soda	$71.6M	LDC, The Independent Investment Trust & 2 others	57/100
4th	Waterloo Sparkling 2017, Austin (United States), Acquired	Manufactures and supplier of aromatic water	$7.18M	Moorgate, CAVU Consumer Partners & 3 others	57/100
5th	Yerbae 2017, Scottsdale (United States), Acquired	Provider of sparkling water processing services	$5M	Vistar, Zenfinity Capital & 4 others	55/100
6th	Spindrift 2010, Newton (United States), Acquired	Provider of a beverage company that produces a range of unsweetened sparkling waters made with real, squeezed fruit, offering a unique and refreshing beverage option for consumers	$75.7M	VMG Partners, Prolog Ventures & 7 others	54/100
7th	Poppi 2015, Dallas (United States), Acquired	Brand of flavoured soda	$40M	CAVU Consumer Partners, Plus Capital & 15 others	53/100
8th	A. Le Coq 1807, Tartu (Estonia), Acquired	Brand of sparkling drinks for kids	-	-	46/100
9th	Hellowater 2017, Chicago (United States), Seed	Manufacturer & brand of packaged water	$2.83M	Brandt, CSA Partners & 1 others	42/100
10th	AQUA Carpatica 2016, Wilmette (United States), Seed	Brand of water	-	PepsiCo	40/100