FreshTracks Capital announced its recent investment in a growing Vermont-based beverage brand, DRINKmaple. This is the second Vermont-based investment from FreshTracks Capital’s newly launched investment fund, FreshTracks IV. DRINKmaple, based in St Albans, is a rapidly-growing maple water brand that features only one ingredient, straight from the tree. It’s refreshing, hydrating and naturally nutritious, with just a subtle hint of maple. DRINKmaple is packed with 46 naturally-occurring nutrients including antioxidants, polyphenols, minerals and electrolytes, with more manganese than a cup of kale, and half the sugar of coconut water. The company also makes DRINKmelon Organic Watermelon Water, also made from one ingredient, 100% organic watermelons. DRINKmaple is the brainchild of Ironman Triathlon training partners Kate Weiler and Jeff Rose, who found the beverage while competing in an Ironman in 2013. Read the coverage here: FreshTracks Taps DRINKmaple For New Investment.
FreshTracks IV Invests in DRINKmaple
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“About four years ago, we started imagining what SunCommon would become and I naturally sought out FreshTracks as a sounding board, who have been so generous with their time, wisdom, contacts and blunt assessments – testing and improving our thinking along the way. So when it came time to raise capital, we turned to FreshTracks Capital because of the firm’s deep commitment to supporting entrepreneurs in Vermont. Our state’s thriving venture climate, and we here at SunCommon, owe a lot to FreshTracks.”
Duane Peterson Co-Founder of SunCommon
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“About four years ago, we started imagining what SunCommon would become and I naturally sought out FreshTracks as a sounding board, who have been so generous with their time, wisdom, contacts and blunt assessments – testing and improving our thinking along the way. So when it came time to raise capital, we turned to FreshTracks Capital because of the firm’s deep commitment to supporting entrepreneurs in Vermont. Our state’s thriving venture climate, and we here at SunCommon, owe a lot to FreshTracks.”
Duane Peterson Co-Founder of SunCommon
“As a serial entrepreneur who has started and operated investor backed companies in the past, I know that all investors are not created equal. As a new resident of Vermont with a new startup company, I combed the entrepreneurial ecosystem to determine which investors could provide the resources necessary to grow my business. I determined FreshTracks Capital was the local investor of choice.”
Paul Budnitz Founder at Kidrobot, Budnitz Bicycles, Ello & Wuu
“When we formed Faraday and set out to raise capital FreshTracks Capital was one of the first groups we spoke to because of their deep connection to the Vermont start-up community and their willingness to help entrepreneurs. Approximately one year later FreshTracks became the lead investor in our Series A capital raise and catalyzed the round to shepherd it to closing.”
Andy Rossmeissl CEO of Faraday