Zevia

Company

Zevia markets a line of leading, naturally sweetened, GMO-free, zero-calorie beverages. Zevia is available in 15 flavors and is sweetened with stevia. Their products provide a healthy option for soda drinkers seeking an alternative to carbonated beverages laden with sugar and artificial sweeteners. In 2018, the company introduced a line of organic iced teas, and in 2019, Zevia launched a children’s beverage in partnership with Disney.

Location

Culver City, CA

Sector

Consumer

Position

Current

Transaction

Northwood partnered with a new management team to lead a growth financing and recapitalization in 2010 and has participated in several follow-on financings. In 2019 and 2020, Northwood sold a portion of its holdings through private secondary offerings. Northwood continues to hold a significant equity stake.  zevia.com