# JuneShine

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/juneshine

- Industry: Consumer Products
- Headquarters: Sacramento, US
- Website: www.juneshine.com
- Total disclosed funding: $24M
- Latest round: Series B (Nov 15, 2021)
- Investors on record: 8

## About

Founded in 2018 and based in California, US, JuneShine, Inc. manufactures and sells organic, gluten-free, and probiotic kombucha. In January 2024, The firm raised venture funding led by InvestBev. The firm, as of July 2024, has tasting rooms in San Diego and Santa Monica, California, and is led by its founder and CEO, Greg Serrao.

The company’s core product lines include hard kombucha with flavors like midnight painkiller, blood orange mint, midnight painkiller, honey ginger lemon, cucumber mojito, and mango daydream, as well as a variety of canned cocktails featuring premium spirits such as tequila and vodka. Their spirits range from Classic Tequila Margaritas to Passion Fruit Vodka Sodas, catering to diverse taste preferences. The company also operates an online store offering clothes, beanies, and hats made from organic cotton.

JuneShine generates revenue through direct sales via its online store and tasting rooms, and its products are distributed through various retail partners. Additionally, the firm also generates revenue by selling its merchandise products through its e-commerce website; some examples include Hotline Thing Hat at USD 30, Cropp'd Hoodie at USD 69.95, JuneShine x SPY+ Hangout Sunglasses at USD 100, etc.

The company plans to utilize the January 2024 funding to expand its operation and marketing.

## Funding rounds

- Series B, Nov 15, 2021, $24M — Gaingels, Amberstone, Litani Ventures, Villam Ventures
- Series A, Jun 8, 2021 — Amberstone, Litani Ventures
- Seed, Feb 12, 2019 — GC Capital, Cthulhu Ventures, Trail Post Ventures, Red Light Management

## Investors

- GC Capital (https://capitalatlas.ai/funds/gc-capital) — Seed
- Cthulhu Ventures (https://capitalatlas.ai/funds/cthulhu-ventures) — Seed
- Trail Post Ventures (https://capitalatlas.ai/funds/trail-post-ventures) — Seed
- Red Light Management — Seed
- Amberstone — Series A, Series B
- Litani Ventures (https://capitalatlas.ai/funds/litani-ventures) — Series A, Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B
- Villam Ventures (https://capitalatlas.ai/funds/villam-ventures) — Series B