How did Hydro Flask get started?
What was their inspiration?
In 2012, two friends decided to start a company called Hydro Flask.
Their goal was to create a product that would keep hot drinks warm without adding extra weight.
This idea turned into a successful Kickstarter campaign where they raised $50,000 in less than 24 hours.
Hydro Flask is now a well known brand that has been featured on Shark Tank and other media outlets.
A Great Idea In Hawaii – 2008
Hydro Flask was started in 2008 by two friends who were avid hikers and backpackers. They had been using plastic bottles for years and wanted something better. They decided to try making their own from stainless steel and found that it worked great. After trying several different designs, they settled on the current shape and came up with the name Hydro Flask.
First Sold At Markets in Oregon – 2009
After selling their first Hydro Flasks at markets in Oregon, they began looking for distributors. They soon realized that there wasn’t enough demand for what they were doing and they needed help getting into retail stores. That’s when they met the founder of Mountain Equipment Co-op MEC in British Columbia, Canada. MEC agreed to carry Hydro Flasks and helped get the word out about the product. Distribution To Retail Stores Nationwide – 2010
Tough Times, Company Nearly Shut Down But Saved By $1 Million Donation
Hydro Flask was founded in 2009 by two friends who wanted to bring back the classic thermos flask. They started making their own products and found a distributor in Portland, OR. In 2011, they decided to go national and hired a sales rep to start working with retailers across the country. Their first big break came in 2012 when they got a call from MEC asking if they could sell their products in their stores. They said yes and now Hydro Flask is sold in over 1,000 stores nationwide.
Revenues Hit $2 Million, Couple Splits – 2011
We were very fortunate to get our first retail distribution deal with MEC Mountain Equipment Coop in Canada. We had been selling wholesale to them since 2010 but we didn’t really know what to expect. It turned out to be a great experience for us because we learned a lot about how to run a business and how to market ourselves. We also met a lot of great people along the way. Our second major break came in 2013 when we signed a deal with Costco Wholesale. This was a huge step forward for us because we finally had access to a larger customer base. At that point, we knew we were ready to take the next step and expand into other markets.
Founders Sell Out To Investors – Mid-2012
We started working on the idea of selling our company in 2012. We wanted to sell the company because we felt like we needed to move on from the day-to-day operations of running the company. We had been doing everything ourselves for years and we wanted to hand the reins over to someone else who could focus on growing the company.
New CEO Scott Allan Takes The Helm – 2012
Scott was born in New York City and raised in Connecticut. He graduated from Yale University in 1995 with a degree in economics. After college he worked for several investment banks and hedge funds in New York City. In 1999, Scott moved back to his hometown of Dallas where he began working for a private equity firm. In 2001, Scott joined another private equity firm and helped raise $1 billion in capital for the fund. In 2004, Scott left the private equity world to join a venture capital firm where he invested in early stage technology companies. In 2007, Scott founded a new venture capital firm called Maverick Capital focusing on investments in software and services. In 2010, Scott sold his firm to a larger VC firm and decided to start his own firm focused on investing in consumer internet businesses.
Removing Lead From The Manufacturing Process – 2013/2014
Lead is a toxic metal found naturally in rocks and soil. It is used in many products, such as batteries, paints, gasoline, and plumbing fixtures. Lead poisoning occurs when lead enters the body through ingestion, inhalation, or skin contact. Symptoms of acute lead exposure include headache, abdominal pain, vomiting, diarrhea, constipation, confusion, irritability, seizures, coma, and death. Chronic lead exposure results in damage to the brain, kidneys, liver, heart, bones, and blood vessels. Children are particularly vulnerable because they absorb lead faster than adults.
Named One Of The Fastest Growing Companies – 2015
We are proud to announce that we were named among the fastest growing companies in America by Inc. Magazine. We are honored to be recognized alongside other top companies such as Apple, Google, Facebook, Amazon, and Netflix.
Company Bought For $210 Million – March 2016
In March 2016, the company was bought for $210 million from private equity firm Kohlberg Kravis Roberts KKR and Bain Capital. References
#244 Fastest Growing Company According To Inc Magazine
Inc magazine recently released their list of the fastest growing companies in America. It was published in the May issue of Inc magazine. This year’s list included several tech startups, such as Uber, Airbnb, Pinterest, and Snapchat. Other notable names on the list were Tesla Motors, Netflix, and Twitter.
Expands Global Distribution – December 2017
We are pleased to announce that we have signed a distribution agreement with Amazon.com. We are excited about this partnership because Amazon is one of the largest online retailers in the world. Our customers will now have access to our products from Amazon.com.
CEO Scott Allan Steps Down – March 2020
Scott Allan, CEO of Stovetop Brands stepped down from his position effective immediately. He was responsible for leading the company since its inception in 2013. In addition to being the CEO, he was also the founder of Stovetop Brands. References
Get Yourself a Hydro Flask
Hydroflasks are great for keeping beverages cold and hydrated while hiking, camping, fishing, hunting, boating, and other outdoor activities. These handy containers are available in many sizes and styles, making it easy to choose the right one for your needs. How to Choose a Water Bottle Answer: A water bottle is essential for any active person who wants to stay hydrated. Whether you’re a runner, cyclist, swimmer, or simply enjoy staying fit, having access to clean drinking water is important. Choosing the right water bottle is key to enjoying your activity and staying safe.
Who started Hydro Flask?
Hydro Flask was founded in 2008 by two friends who wanted to bring a new product into the market. Their goal was to provide people with a better way to carry their drinks around. They started with a stainless steel bottle that could hold 16 ounces of liquid. It was designed to fit comfortably in any pocket or purse. In 2009, they introduced the Hydro Flask insulated travel mug. This was a great success because it provided a convenient way to drink hot beverages while traveling. They continued to develop products that were durable and easy to use. Today, they offer many different styles of mugs and bottles. They now sell in over 100 countries worldwide.
Who started the Hydro Flask trend?
Hydroflask was founded in 2008 by two friends who wanted to bring a new product to market. Their goal was to create a product that could withstand extreme temperatures and still maintain its integrity. They started with a stainless steel bottle and added insulation to help retain heat. This was the beginning of what we know today as HydroFlasks.
Who made the first Hydro Flask?
Hydro Flask started in 2009 as a company based in San Francisco, California. It was founded by two friends who wanted to bring back the classic flask but with modern technology. Their goal was to provide a product that was durable, stylish, and functional. In 2010, Hydro Flask began selling their products online and in 2011, they launched their first line of stainless steel flasks. Since then, Hydro Flask has grown into a global brand with headquarters in San Francisco, California and distribution centers in China, Hong Kong, Taiwan, Japan, Singapore, South Korea, Australia, New Zealand, Europe, and Canada.
How did Hydroflask get started?
Hydroflask was founded in 2009 by two friends who wanted to bring back the fun of drinking from a bottle. We were inspired by the idea of bringing back the simplicity of enjoying a cold drink from a glass or cup. We believe that the world needs more people who enjoy good drinks and we hope to help spread that joy.
How did Hydro Flask start?
Hydroflasks were invented by John Bilsland in 1882. He was a British engineer who worked for the Royal Navy. His invention was created to help sailors stay hydrated while at sea. It was originally called “the Hydrophile”. In 1888 he patented his invention and sold it to the army. After that, the name changed to the “Hydro Flask”.
What was the first Hydro Flask?
Hydroflasks are great for keeping beverages cold while hiking, camping, fishing, hunting, boating, and other outdoor activities. These flasks are available in many different sizes and materials, but the most popular type is stainless steel. A typical hydro flask holds about 16 ounces 473 ml of liquid. It is easy to fill and carry around. Most people prefer these flasks because they are lightweight, durable, and easy to clean.
What country made Hydro Flask?
Hydro Flask was founded in 2009 by two friends who wanted to bring back the idea of drinking from a bottle. They were inspired by the old fashioned way of carrying a flask around with you wherever you go. They thought about how people used to carry a flask everywhere with them but now we have disposable plastic bottles. So they came up with the idea of making a product that could last longer than a single use plastic bottle.