DURHAM, NC (August 7, 2017) – Mati, LLC, maker of the leading healthy energy beverage, continues to disrupt the energy drink category with impressive triple digit growth, distribution gains and an upcoming branding refresh that will be supported with an additional $2.55 million in Series A financing. This close comes shortly after the $2.5M close in April.
“We thought we had completed our financing this year but there was so much interest and excitement from investors who saw the opportunity after our last close, we decided to expand the round. With the $5 million raised this year, we will now be able to expand our footprint to much more of the Southeast,” said Tatiana Birgisson, founder and CEO of MATI Energy and inventor of the proprietary brewing method at the heart of MATI’s ability to extract more nutrients from the natural ingredients.
MATI continues to make progress in the healthy beverage scene, reaching $6 million in outside equity funding and expanding geographically this year.
As is evident through years of growth in sales, revenue and brand awareness, MATI Energy continues to live up to its reputation here in the Triangle community as a model of startup accomplishment.
In January, founder Tatiana Birgisson expressed 2017 would be a year of significant scaling with national expansion, additional team headcount and new product development. Just four months later, those goals are being met with a fresh $2.5 million in funding led by local investment funds Duke Angel Network, DUMAC and first-time MATI investor IDEA Fund Partners. With the cash in hand, MATI will accelerate growth of its tea-based energy beverage brand.
Click through the timeline below to learn about the major milestones leading up to the latest news from MATI.