DC Community Ventures has invested $400,000 in JRINK, a cold-pressed juice company, to support its growth in the health-focused beverage market.
Information on the Target
JRINK is a prominent cold-pressed juice company headquartered in the Washington DC area. The company specializes in providing a diverse range of healthy beverages, catering specifically to the growing demand for nutritious options in the region. JRINK's commitment to quality, health, and wellness has established it as a leading brand recognized for its innovative product offerings. With a focus on natural ingredients, JRINK aims to promote a healthier lifestyle through its wide selection of juices and wellness shots.
As part of its expansion strategy, JRINK is planning to utilize the $400,000 revenue-based financing from DC Community Ventures to open new locations, invest in technology, and improve sourcing processes. This financing will facilitate the company's efforts to reach a broader audience and enhance operational efficiencies.
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Industry Overview in the Target's Specific Country
The health and wellness industry in the United States has seen significant growth in recent years, driven by increasing consumer awareness regarding nutrition and healthy lifestyles. As the population becomes more health-conscious, the de
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DC Community Ventures
invested in
JRINK
in 2023
in a Venture Debt deal
Disclosed details
Transaction Size: $0M