AG1 is a comprehensive daily nutrition supplement that delivers ••• vitamins, minerals, probiotics, and adaptogens in one scoop.
••• tracked monthly revenue — DTC •••, retail •••, Amazon •••
••• retail doors — led by Target (•••), Ulta Beauty (•••)
••• top Amazon SKU — Next Gen Greens ••• Pack
Athletic Greens achieved unicorn status with a ••• Series B at a ••• pre-money valuation. Alpha Wave Global's Rick Gerson joined the board, alongside Mark Vadon (founder of Zulily and Blue Nile). The company had bootstrapped to approximately ••• in annual revenue before seeking institutional capital, building primarily through podcast advertising partnerships with hosts like Tim Ferriss, Joe Rogan, and Andrew Huberman.
AG1's first external funding came from SC.Holdings and a group of angel investors who were already customers and advocates of the product. This round came after founder Chris Ashenden had built the company largely bootstrapped since ••• reaching hundreds of thousands of monthly subscribers through a single-SKU DTC model focused on AG1 powdered greens.