#68 How to Raise $10 Million: Fundraising Aura Bora Style with Paul Voge
The Startup CPG Podcast
Startup CPG
4.9 • 642 Ratings
🗓️ 8 November 2022
⏱️ 58 minutes
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| 0:00.0 | Yes, there is a lot of minutia, legal docs, diligence rooms, spreadsheets, models, justifying |
| 0:10.3 | your valuation that is not that fun. |
| 0:12.6 | But I mean, I can think of some investors that I've checked in with them every quarter for the |
| 0:16.9 | last 10 quarters and they just invest in my business. |
| 0:20.3 | Like, that is an existentially fun thing. |
| 0:22.7 | I was like, okay, they weren't a believer in 2019. |
| 0:25.3 | They weren't a believer in 2020. |
| 0:26.8 | They were not a believer in 2021. |
| 0:28.4 | And in 2022, they wired us cash. |
| 0:30.8 | Welcome to the Startup CPG podcast. |
| 0:33.2 | I'm your host, Jesse Freytag. |
| 0:35.3 | Today's hot topic is fundraising. |
| 0:38.0 | And what could be better than talking fundraising with our favorite weird sparkling water brand, |
| 0:42.8 | Aura? |
| 0:43.9 | Oroborra just raised a series A round, led by city capital, bringing their lifetime funding |
| 0:49.9 | as a brand to $10 million. |
| 0:52.5 | And co-founder Paul Vogue is here to share the details with us. |
| 0:56.5 | Paul and his wife Maddie founded Oroborah in 2019, and they make sparkling water from herbs, |
| 1:02.0 | fruits, and flowers for earthly tastes and heavenly feelings. |
| 1:05.2 | They use unique ingredients like basil, cactus, and lavender for a better tasting experience, all while donating |
| 1:12.0 | 1% of annual revenue to environmental causes via 1% for the planet. |
| 1:17.8 | Orabora is one of the fastest growing beverage brands in the country with their zero calorie, |
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