Update Beverages Inc.
PrivateLast Round
Seed
Sep 13, 2024
Total Funding Raised
$21.28M
Company Overview
Update Beverages Inc. operates in Consumer & Commerce and is based in New York City, New York. Its latest recorded funding round was a Seed round in September 2024.
Update Beverages Inc. is a consumer beverage company that develops and sells caffeine-free, sugar-free energy drinks formulated with paraxanthine.
Sector
Consumer & Commerce
Verticals
D2C Brands, E-commerce, Sports & Fitness
Business Model
B2C
Customer Profile
Hardware Sales, Subscription SaaS
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Update Beverages Inc. Comparables
Compare Update Beverages Inc. with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Brainroot | 84% | |
| GORGIE | 84% | |
| MTE (More Than Energy) | 82% |
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Update Beverages Inc. Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Sep 13, 2024 | ||||
| Series A | Aug 1, 2024 |
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Key People
Founding team and executive leadership
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Update Beverages Inc. Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| K5 Global | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 23, 2025
Grew 17% QoQ, from 47 to 55 employees.
- Jan 20, 2025
Grew 18% QoQ, from 45 to 53 employees.
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Update Beverages Inc. Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Frequently Asked Questions
Common questions about Update Beverages Inc.'s valuation, stock price, and market status.
Is Update Beverages Inc. a public or private company?
Update Beverages Inc. is a private company.
What is the current stock price of Update Beverages Inc.?
Update Beverages Inc. is a private company, so its shares have no public market price. Caplight tracks Update Beverages Inc.'s secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Update Beverages Inc. worth (valuation)?
Valuation information for Update Beverages Inc. is not publicly available.
Can I buy Update Beverages Inc. stock?
Update Beverages Inc. shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Update Beverages Inc.'s last funding round?
Update Beverages Inc.'s most recent funding round was Seed on September 13, 2024.
Who are the main investors in Update Beverages Inc.?
Key investors in Update Beverages Inc. include K5 Global.
Will Update Beverages Inc. IPO soon?
No public IPO plans have been announced for Update Beverages Inc..
How can I track Update Beverages Inc. secondary market activity?
Caplight tracks bids, offers, and trades in Update Beverages Inc.'s shares on secondary markets.