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Drip Drop Inc. closes $3.0M Series A-1 round with investments from John Elway, Ronnie Lott, and Sam Nazarian.
Date:8/23/2013

obe, Drip Drop has been adopted early on by a diverse group of users that include UCSF Medical Center, U.S. Special Forces, MGM Hotels International, pharmacies, and patients with chronic illness.

"We're absolutely thrilled to welcome investors with such long track records of success on and off the field," said CEO Anne Kallin Zehren, who began at Drip Drop in April. "Drip Drop® is well-poised to meet the pent-up demand for effective, scientific hydration. Winning the support of these experienced investors is testament to that reality."

"When we look at Drip Drop, we see a company with all the ingredients of success," said Ronnie Lott, whose 15 year NFL career featured 4 Super-Bowl Championships and 10 Pro Bowl appearances. "Drip Drop® has a revolutionary product and a steadfast commitment to its medical and humanitarian origins. Its scientific formula is in a class of its own -  I can personally attest to the drive, focus, performance and fast recovery it provides before, during and after my intense workouts.  Put it in the hands of this fantastic team, and you've got a company that can quickly scale to a sizeable valuation."

Drip Drop's FDA-approved formula improves upon international standards for Oral Rehydration Therapy, a proven medical intervention that studies show to be held back in the USA due to poor taste. Powerful enough to be relied on by the world's top medical institutions, Drip Drop is still safe and effective for daily use by children, adults, and seniors across a wide variety of lifestyles.

"Drip Drop® fits perfectly with a highly mobile lifestyle," said Sam Nazarian, whose company owns and operates acclaimed brands such as SLS Hotels, Katsuya by Starck, and a wide array of nightclubs and lounges. "I've seen it work first hand in altitude, in the desert, at the pool, and on the go
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SOURCE Drip Drop Inc.
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