In three short years, premium bottle company Waiakea reported over 5000% in growth since its 2012 launch. Its founder Ryan Emmons founded the company when he was only 22; a rarity in a beverage industry with very few young entrepreneurs. The company focuses on three areas with their product: health, charitable projects, and sustainability.
The Waiakea spring water starts out as snow on the volcanic mountain. As it filters through the porous rock, a natural alkaline flavor and electrolytes are added to the water to give it its unique taste.
Waiakea water has partnered with the charity Pump Aid to provide over 1.3 million underserved people in Africa a source of clean water and through building of elephant wells.
For every liter of water the company sells, over 650 liters are donated. This is part of the company’s drink ethically initiative, and increased growth has allowed them to increase philanthropy. Over 500 million liters of clean water has been donated so far.
Specialty Food reported that Waiakea water was the first premium bottle company to get the CarbonNeutral certification. The water is packaged in 100% recycled bottles. It uses 85% less energy to make these rPET bottles than bottles made from raw materials and is BPA free. This method has also decreased carbon emissions by 90%. It takes approximately thirty days to generate the water, which translates to over 1.4 billion gallons of water being recharged each day.
10 Best Water named Waiakea #1 for the Best Volcanic Bottled Water Labels for 2016. The company has an average annual growth rate of 170% and is valued at $10 billion dollars. Learn more about Waiakea Water: http://www.forbes.com/sites/helainahovitz/2015/10/20/now-thats-refreshing-22-year-olds-hawaiian-bottled-water-grows-4000-in-3-years/#52a85baf5332
The company started out just selling a couple thousand cases when they started to a steady 120,000 cases annually in a little over three years. In addition to local distributors, companies like Whole Foods and Wawa have started to carry the water and expansions are planned internationally.
According to Crunchbase, this success has allowed Waiakea water to celebrate by announcing a new manufacturing facility to help meet this increased demand.