Fundz

Reed’s, Inc. Announces Transition From The Nasdaq Capital Market To The Otcqx And Close Of $2.5 Million Bridge Financing

PUBLIC · REEDFeb 14, 2023

Amount Raised

$2.5 Million

Round Type

Seed

NorwalkOtherManufacturingFood and BeverageFood And BeverageHospitalityRetailFood Processing

Description

Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, announced today its intention to transition from the Nasdaq Capital Market to the OTCQX US Market, operated by OTC Markets, Inc. (“OTCQX”).

Quick answer

Reed’s raised $2.5 Million in a Seed round, dated February 14, 2023. Reed’s is based in Norwalk, Connecticut, United States.

How much did Reed’s raise?
Reed’s raised $2.5 Million in a Seed round on February 14, 2023.
What does Reed’s do?
Reed’s is an innovative company and category leader that provides the world with high quality, premium and better-for-you beverages.
Where is Reed’s based and how big is it?
Reed’s is based in Norwalk, Connecticut, United States. Fundz records about 97 employees.
Who are the decision-makers at Reed’s?
Fundz holds 1 contact at Reed’s, including the Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food and Beverage and Food And Beverage around the same time

Companies in the same sectors as Reed’s that raised within 45 days of this round, from Fundz verified event records.

  • Cookin raised $17M (Funding Round) on February 13, 2023.
  • Xiao Chi Jie raised $21M on January 30, 2023.
  • The ISH™ Food Company raised an undisclosed amount (Funding Round) on January 24, 2023.
  • No Meat Factory raised $42M (Series B) on January 12, 2023.
  • Neighborhood Intelligence, Inc. raised an undisclosed amount on March 30, 2023.
  • SKYX Platforms raised $2.3M on March 29, 2023.

Who to call at Reed’s, and when

A new round usually means Reed’s is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Reed’s raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Reed’s, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Reed’s. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Reed’s

Location

Norwalk, Connecticut, United States

About

Reed’s is an innovative company and category leader that provides the world with high quality, premium and better-for-you beverages. Established in 1989, Reed's is a leader in craft beverages under the Reed’s®, Virgil’s® and Flying Cauldron® brand names. The Company’s beverages are now sold in over 32,000 stores nationwide.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Reed’s raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsCyril W., Chief Executive OfficerSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Reed’s's next move

See what Strategic adds

Reed’s raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.