Nutrabolt, LLC announced that it will receive $863 million in a round of funding on December 8, 2022. The transaction will include participation from new investor, Keurig Dr Pepper Inc. for 30% stake in the company. The company will issue preferred equity in the transaction.

The company will pay 5% annual coupon in the transaction. Post closing the investor will hold 30% stake in the company. The equity investment is expected to close by year-end.

The round will be raised at nearly $2.88 billion. As a part of the transaction Keurig Dr Pepper Inc. will join board seat. The transaction is expected to close by the end of the year.