
Energy drink brand Gorgie said Tuesday that it has raised $24.5 million in a Series A funding round, bringing its total fundraising to $37 million.
The latest round was led by previous seed investor Notable Capital. Coefficient Capital and board members Jason Cohen and Yossi Nasser also joined the Series A round.
The company, founded in 2023, said the latest funding comes at a "pivotal moment" for the brand. Officials expect to expand its footprint to more than 1,900 Target stores this summer.
"We built Gorgie to change the way people think about energy — something functional, yes, but also joyful, healthy and community-powered," founder and CEO Michelle Cordeiro Grant said in a statement. "Our rapid growth proves the demand for a brand that brings together performance and wellness without compromise and puts community at the forefront."