Beyoncé Knowles-Carter led a $31 million fundraising round for Lemon Perfect, a company that manufactures revitalizing lemon water. Among the investors were representatives from the food and beverage, media, music, and entertainment industries. Here’s the latest from Lemon Perfect.
According to Yanni Hufnagel, the CEO, and founder of Lemon Perfect, the funds will be utilized to expand distribution to more than 40,000 places by 2022. Lemon Perfect, according to Hufnagel, is quickly capturing market share from the top enhanced water brands since it is healthier and tastes better.
“Lemon Perfect provides Americans with a healthier and more popular option.” We are honored and humbled by Beyoncé’s decision to join Lemon Perfect. She is now well-known all around the world. Her perseverance and hard effort will propel Lemon Perfect to the top of the $1 billion enhanced water business.
Knowles-Carter enjoyed the sugar-free drink Lemon Perfect. Investing money in something everyone might enjoy was simple because it was inexpensive and healthy. “It was simple to spend money on something that tastes good and helps you stay healthy.”
Lemon Perfect’s sales were four times what they were in 2020 in 2021, and they forecast another 100% increase in 2022. According to Phillip Sarofim, CEO, and founder of Trousdale Ventures, Lemon Perfect has discovered product-market fit despite stiff competition. We believe they have the potential to transform the way individuals obtain drinkable health in the United States, where high-calorie, high-sugar beverages are the standard.
Three years after its first bottle was sold, Lemon Perfect will have raised $42.2 million and be worth more than $100 million. This is will be Yanni Hufnagel’s greatest business achievement.
The Most Delicious Lemon
Lemon Perfect is pleasant lemon water that contains no sugar, artificial flavors, or sweeteners. Lemon Perfect has no sugar alternatives. Lemon Perfect is a blend of pure cane sugar, organic lemon juice, and potassium electrolytes that makes staying hydrated simple, pleasant, and refreshing.
The company’s mission is to promote proper hydration by making it simple for individuals to receive delicious drinks whenever and wherever they desire. The company is currently headquartered in Atlanta, Georgia.