Fundraising Fox

Hidrate

Techstars '15

Minneapolis, US · Founded 2015 · Delaware corporation · 11 employees on LinkedIn · 3 known investors

HidrateSpark makes smart water bottles with integrated sensors and mobile app connectivity that track hydration and remind users to drink water through light and sound cues. The company serves consumers seeking to establish healthier hydration habits.

Also known as Hidrate Inc. · HidrateSpark

Founders & leadership

Hidrate was founded in 2015 by Coleman Iverson, Ngoc Nguyen, and Alexander Hambrock.

CI
Coleman IversonCo-founder
NN
Ngoc NguyenCo-founder
AH
Alexander HambrockCo-founder

Investors · 3

Reported raises · per SEC filings

Form D private placements

$14.9M disclosed across 9 rounds · 2016–2023

$2.5MraisedJan 2023 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ngoc NguyenPromoter
  • Chari GrahamExecutive Officer
  • David AsseoffExecutive Officer, Director
  • Coleman IversonExecutive Officer, Director, Promoter
  • Alexander HambrockExecutive Officer, Director, Promoter
  • Jason KellerDirector
  • Dan DietrichDirector
Offering amount
$2.5M
Amount sold
$2.5M
First sale
Jan 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6.5MraisedDec 2021 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ngoc NguyenPromoter
  • Coleman IversonExecutive Officer, Director, Promoter
  • Alexander HambrockExecutive Officer, Director, Promoter
  • Chari GrahamExecutive Officer
  • David AsseoffExecutive Officer, Director
Offering amount
$8.5M
Amount sold
$6.5M
First sale
Dec 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$220KraisedDec 2020 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David AsseoffExecutive Officer
  • Alex FeekenPromoter
  • Coleman IversonExecutive Officer, Director, Promoter
  • Alexander HambrockExecutive Officer, Director, Promoter
  • Ngoc NguyenPromoter
Offering amount
$850K
Amount sold
$220K
First sale
Dec 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$400KraisedAug 2020 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Alex FeekenPromoter
  • Joshua KaplanPromoter
  • Alexander HambrockExecutive Officer, Director, Promoter
  • Coleman IversonExecutive Officer, Director, Promoter
  • Ngoc NguyenPromoter
  • David AsseoffExecutive Officer
Offering amount
$1M
Amount sold
$400K
First sale
Aug 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.2MraisedNov 2019 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Alexander HambrockExecutive Officer, Director, Promoter
  • Coleman IversonExecutive Officer, Director, Promoter
  • Alex FeekenPromoter
  • Joshua KaplanPromoter
  • Ngoc NguyenDirector, Promoter
  • David AsseoffExecutive Officer
Offering amount
$3.5M
Amount sold
$2.2M
First sale
Apr 2019
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.1MraisedMay 2018 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Alex FeekenPromoter
  • Ngoc NguyenExecutive Officer, Director, Promoter
  • Alexander HambrockExecutive Officer, Director, Promoter
  • Joshua KaplanPromoter
  • Coleman IversonExecutive Officer, Director, Promoter
Offering amount
$2.6M
Amount sold
$2.1M
First sale
May 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$200KraisedFeb 2017 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Coleman IversonExecutive Officer, Director, Promoter
  • Alex FeekenPromoter
  • Alexander HambrockExecutive Officer, Director, Promoter
  • Ngoc NguyenExecutive Officer, Director, Promoter
  • Joshua KaplanPromoter
Offering amount
$500K
Amount sold
$200K
First sale
Jan 2017
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$325KraisedNov 2016 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Alex FeekenPromoter
  • Joshua KaplanPromoter
  • Coleman IversonExecutive Officer, Director, Promoter
  • Ngoc NguyenExecutive Officer, Director, Promoter
  • Alexander HambrockExecutive Officer, Director, Promoter
Offering amount
$500K
Amount sold
$325K
First sale
Oct 2016
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Hidrate, operating under the HidrateSpark brand, sells connected drinkware that measures liquid consumption and pairs with a mobile application to help users meet daily hydration targets. The current product line centers on the HidrateSpark PRO 2 family, offered as 21 oz and 32 oz bottles with leakproof locking lids and a 30 oz tumbler with a splash-resistant lid, in colorways including black, white, navy and flamingo, priced from roughly $79.99 to $84.99.

The bottles use the company's patented SipSense sensing technology to record each sip in real time and sync it over Bluetooth to the HidrateSpark app. The app generates a personalized hydration goal based on the user's body, allows manual goal setting, and delivers reminders; the bottle itself provides a 360-degree glow with configurable color, pattern and frequency, plus sounds, with all alerts optional. Hardware features include up to 21 days of battery life with USB-C charging, built-in Apple Find My support for locating a misplaced bottle, vacuum-insulated recycled 18/8 stainless steel construction that keeps drinks cold for 24 hours while still sensing accurately with ice, BPA-free and lead-free materials, and an ergonomic carry handle.

Business model

Direct-to-consumer sale of connected hardware (smart bottles and tumblers) with a companion mobile app; the site also references bulk order terms, indicating volume/organizational purchasing alongside individual orders.

Traction

The company's site states more than a million members and lists customer-reported multi-year use of the bottles; PRO 2 bottles and the tumbler carry a 4.7 site rating, and at least one 32 oz configuration was shown as sold out. HidrateSpark describes its hydration ecosystem as clinically proven and says it has been used in five clinical trials at medical institutions.

Full profile — market position, technology, go-to-market

Market position

Positioning combines automated sip-level measurement with on-bottle glow and sound reminders and app-generated personalized goals, alongside insulated recycled stainless steel construction, Apple Find My tracking and multi-week battery life; the company also cites clinical trial use of its hydration ecosystem.

Technology

Patented SipSense sensing that tracks consumption sip-by-sip, Bluetooth synchronization to the HidrateSpark mobile app, integration with Apple Find My for device location, app-side syncing to phone health data and activity-based goal adjustment as described by users, LED glow and sound alert system, and USB-C rechargeable batteries rated up to 21 days.

Go-to-market

Sold online through the company's own storefront, with promotional mechanics such as free shipping over $100 and discounts of up to 50%, plus a bulk ordering path.

Consumers who want to increase or maintain daily water intake and build hydration habits, including users tracking hydration alongside activity data.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
App/product membersJan 2025Over a million members
Clinical trials using the productJan 20255 trials

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 2

by search overlap

Companies competing with Hidrate for the same Google search keywords, organic and paid, via search-intersection analysis.

Legal entities · 1

corporate structure
HidrateDelaware

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Hidrate do?
HidrateSpark makes Bluetooth-connected smart water bottles and a companion app that track sips and prompt users to drink.
Who founded Hidrate?
Hidrate was founded by Coleman Iverson, Ngoc Nguyen, Alexander Hambrock in 2015.
Who are Hidrate's investors?
Hidrate's investors include Techstars, Backstage Capital, Denver Ventures.
How much funding has Hidrate raised?
Hidrate has disclosed $14.9M raised across 9 rounds.
Where is Hidrate headquartered?
Hidrate is headquartered in Minneapolis, US.