Uncle Arnie’s Raises $7.5M in Series A Funding
Company aims to expand team, beverage distribution.
Uncle Arnie’s has closed a $7.5 million Series A strategic growth raise to fuel its next phase of expansion.
The round was co-led by Mindset Capital and Delta Emerald Ventures, with participation from strategic investor Harry Rubin, a founding partner of the Boston Beer Company, who joins the company’s board of directors.
The Series A will allow Uncle Arnie’s to nearly double its team from 40 to 75 employees over the next year, expand into new state markets and deepen its presence in high-performing regions. The company has achieved close to 100% year-over-year growth since inception and projects the same trajectory through 2026.
“This funding marks an exciting milestone as we build on five years of success in the cannabis beverage market,” said Theo Terris, CEO of Uncle Arnie’s. “That experience has given us the brand strength and operational foundation to win in the rapidly expanding hemp-derived THC space — where we see even greater potential for mainstream adoption.”
Founded in California in 2020, Uncle Arnie’s is a leading cannabis beverage brand in the state. Expanding in 2024 into the hemp-derived THC category, the company leveraged its know-how from the regulated market to establish a presence in new retail channels..
The company has also been investing in leadership and infrastructure to prepare for its next stage of growth. Most recently, Uncle Arnie’s brought on Chief Marketing Officer Brian Miesieski, a beverage industry veteran of AB InBev, Diageo and SweetWater Brewing Company, to lead brand strategy and national marketing initiatives.
Looking ahead, Uncle Arnie’s is now in 16 markets and expanding to three more in the near term. The company plans to continue building its sales and marketing infrastructure to support long-term category leadership.
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