# Drink LMNT funding: rounds and investors

> Drink LMNT has raised $52M across 2 rounds since 2022. Every round with its source.

Source: https://millionrounds.com/company/drink-lmnt (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Drink LMNT*

2 rounds we have observed, with the 0 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Goods

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Funding summary Updated 31 Oct 2026

**$52M** raised across 2 rounds since 2022, from 2 sources

**$2.1M** Crowdfunding **$50M** Series B

- **Latest round:** Series B, $50M Mar 2024
- **Step-up i:** 23.8×
- **Investors:** 0

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023 2024

**$2.1M** Crowdfunding

**$50M** Series B

- **First round:** Crowdfunding, $2.1M
- **Biggest round:** $50M
- **Between rounds:** 19 months

## The rounds

- **Mar 2024** Series B **$50M** No investor was named in the report. Source recorded
- **Aug 2022** Crowdfunding **$2.1M** No investor was named in the report. Source recorded

## Funding filed with regulators

Drink LMNT filed 2 raises, $2.7M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Aug 2022 **$2.2M** other of $4.0M offered Crowdfunding
- Oct 2021 **$540K** other of $750K offered Crowdfunding

## Founders and team

From Drink LMNT's own website and the SEC filings it signed: 4 founders, 40 on the team.

**James Murphy** Co-Founder & CEO *Named on its 2021 Form D*

**Luis Villaseñor** Co-Founder

**Nicki Violetti** Co-Founder

**Robb Wolf** Co-Founder *Named on its 2021 Form D*

- **Brianna Segerson** COO
- **Jessica Stradley Hatfield** Revenue Operations Coordinator
- **Mitch Leonardi** Business Operations Coordinator
- **Adam Greenfield** VP of eCommerce
- **Alex Jenny** VP of Finance
- **Brian McCready** VP of Supply Chain
- **Craig Olkiewicz** VP of Retail
- **Jeff Warren** VP of LMNT Distribution
- **Kelton Kosik** Head of Consumer and B2B Fulfillment
- **Paul Foxhoven** Head of DSD Sales
- **Ali Camper** Retail Logistics & Fulfillment Manager
- **Alli Sullivan** Retail Logistics & Fulfillment Manager
- **Bess Ross** Controller
- **Blake Brown** Senior Partnerships Manager
- **Cameron Shelton** Senior Operations Manager
- **Dan O’Keefe** FP&A Manager
- **Danny Orenstein** Senior Manager of Real Estate
- **Dom Cianciotto** Director of Events & Activations

And 22 more on the team.

## Also claim to have backed them

These 3 firms list Drink LMNT as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Incisive Ventures](https://millionrounds.com/fund/incisive-ventures) VC firm Per its own site

[Proton Enterprises](https://millionrounds.com/fund/proton-enterprises) VC firm Per its own site

[Astō Consumer Partners](https://millionrounds.com/fund/asto-consumer-partners) Growth equity Per its own site

## Quick answers about Drink LMNT

### How much has Drink LMNT raised?

Drink LMNT has raised $52M across 2 rounds since 2022.

### When did Drink LMNT last raise?

Drink LMNT's most recent round was a Series B of $50M in Mar 2024.

### What was Drink LMNT's biggest round?

Its most recent round, $50M in Mar 2024, is also its largest on record.

### What stage is Drink LMNT at?

Drink LMNT's latest named round is a Series B, in Mar 2024.

### Where is Drink LMNT based?

Drink LMNT is based in the United States.

## Companies like Drink LMNT

In the same sector, and raised in the last eighteen months.

[**Rosie** $7.0M · Oct 2026](https://millionrounds.com/company/rosie)[**PlantSwitch** $33M · Oct 2026](https://millionrounds.com/company/plantswitch)[**AmorSui** $2.8M · Sept 2026](https://millionrounds.com/company/amorsui)[**Confido** $82M · Sept 2026](https://millionrounds.com/company/confido)[**David** $325M · Sept 2026](https://millionrounds.com/company/david)[**Culture POP Soda** $7.5M · Sept 2026](https://millionrounds.com/company/culture-pop-soda)

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