Sage Growth Capital Announces Investment in Everybody Water
Sage Growth Capital, a venture capital firm based in Boise, Idaho, is proud to announce a new investment in Everybody Water, an innovative and environmentally conscious packaged water business. This investment aligns with Sage Growth Capital's mission to support growing companies and helps set the stage for Everybody Water’s accelerated growth and increased positive impact.
Everybody Water's co-founders, Kimberly Reilly and Megan Hayes, expressed their enthusiasm for the collaboration. "We are thrilled to have Sage Growth Capital as the newest and largest investor in Everybody Water. After meeting with many potential investors, we found the right match. Not only is Sage aligned with our mission-oriented and profitable business model run by passionate founders, but they understand the capital needs of an early-stage high-growth business growing 3x in revenue this year."
Sage Growth Capital Managing Partner, Denise Dunlap, says, “We are so impressed with the Everybody Water team and honored to be able to contribute to their remarkable and important mission. We are happy to welcome them into our portfolio of investments and look forward to being part of their ongoing success.”
For more information on Everybody Water or to order, visit: www.everybodywater.com.
About Everybody Water
Everybody Water is a women-owned, for-profit company disrupting the packaged water business with social impacts as its cornerstone. Offering premium water in a 16.9-ounce carton alternative to plastic bottles, their mission is to support sustainable clean water infrastructure projects that bring running water directly into homes for the first time, dramatically impacting communities and transforming the lives of women and girls globally so they no longer have to walk for water and instead can attend school, earn incomes, and thrive.
About Sage Growth Capital
Sage Growth Capital is a venture capital firm that provides revenue-financed capital to growing companies who do not fit traditional equity or lending models. We invest between $100,000 and $1 million in companies at any stage with “recurring-like” revenue, gross margins of at least 40%, and who can demonstrate that our capital will lead to higher sales. To learn more about Sage Growth Capital or to apply for funding, visit: www.sagegrowthcapital.com.
About Revenue-Financed Capital
Revenue-financed capital (RFC), also referred to as royalty financing, revenue share or revenue-based financing, is a non-dilutive form of growth capital where investors receive a percentage of monthly revenues until a set amount has been paid. RFC differs from equity financing as the investor does not obtain ownership of the company, and it differs from debt financing as there is no collateral required and payments are variable. RFC is designed to empower entrepreneurs to grow their businesses with non-dilutive capital that aligns with their sales cycles.