ATLANTA, GA (April 28 2022) — Lemon Perfect, a fast-rising lemon water brand that hydrates in the category of water with enhanced flavor has announced the completion of the $31 million Series A investment from a reputable network of investors in media and food music, sports and entertainment. The event was hosted by famous award-winning artist and entrepreneur Beyonce Knowles-Carter.
Lemon Perfect Founder and CEO Yanni Hufnagel says the company will utilize the funds to grow the brand to more than 400,00 points of distribution by 2022’s end. “Lemon Perfect is quickly taking significant market share from the leading brands in the enhanced water category by offering a better-for-you, better-tasting product that’s resonating broadly with the American consumer,” Hufnagel explained. “We are humbled and honored to learn that Beyonce has joined the ranks in Lemon Perfect.” Lemon Perfect Family. She is an international star whose character, talent and positivity are unparalleled. The investment she makes and the enthusiasm it creates will help accelerate Lemon Perfect’s progress towards its aim of becoming the top most popular brand of the billion-dollar enhanced water category based on percentage of market.”
“I don’t typically enjoy drinks without added sugar, but Lemon Perfect is delicious,” said Knowles-Carter. “It was an easy decision to invest in something that not only tastes great and is healthy, but also, and most importantly, allows choosing a healthier lifestyle to be affordable and accessible to everyone.”
By 2021, Lemon Perfect quadrupled revenue in 2021, and the Company anticipates more than 100% growth in revenue in 2022. “Lemon Perfect has found product-market fit in a hyper-competitive category, and we are thrilled to support their growth,” said Phillip Sarofim, Trousdale Ventures CEO and Founder. “We believe they can disrupt an American beverage ecosystem still dominated by high-calorie, high-sugar options and democratize drinkable wellness.”
The loan increases Lemon Perfect’s total capital to $42.2 million and the total value to more than $100 million in just three years after the company’s opening its very first bottle.
About Lemon Perfect
Lemon Perfect is a super-refreshing tasting, delicious and hydrating lemon-flavored water that is sugar-free and contains no sweeteners or artificial flavors. Made with organic lemons, Lemon Perfect contains electrolytes from potassium, and is awash in vitamin C, which makes healthier hydration more accessible enjoyable, delicious and refreshing than it has ever been.
The goal of the company is to help promote healthy drinking habits and provide the delight of flavor anytime or anywhere, and for anyone.
Lemon Perfect is available at stores across the country as well as on Amazon and lemonperfect.com. Lemon Perfect is a subsidiary of the Lemon Perfect Company is headquartered in Atlanta, GA.
