Rich (Raz) Razgaitis
CEO & Co-Founder
Industry: Water/Drinking Water
Rich “Raz” Razgaitis has spent most of his career as an entrepreneur. Since 2002, he has served in CEO and president roles in several venture capital-backed startups, privately held turnaround and growth companies. In 2013, he decided to bring his insight from those experiences to co-found FloWater, Inc., where he now serves as the CEO.
Silicon Valley-incubated and Denver-based FloWater seeks to solve the plastic water bottle and safe drinking water crises with the first complete platform for unpackaging drinking water to eliminate single-use plastic waste and provide safe drinking water where people work, play, rest and go to school. Under Razgaitis’ leadership, the company has transformed from a startup to a company with more than $10 million in revenues and projections to hit $180 million in five years.
“Since its launch in 2013, FloWater has saved 300 million plastic water bottles from the environment and is on target to reach one billion by 2022,” said Razgaitis. “With 5,000 Refill Stations now deployed nationwide, FloWater has become the beverage of choice at the likes of Hyatt, Google, Red Bull, PlayStation, Specialized Bikes, Alaska Airlines, Urban Remedy, the Oakland Unified School District and at the Oakland Airport.”
This rapid growth is attributed to Razgaitis’ vision and leadership, according to his colleagues. “Passion, drive, success and impact on people and the planet are the key ingredients as to why Razgaitis is truly a Titan in his industry.” His team said that from vision to launch and through execution, Razgaitis continues to lead and drive the innovation for solving, on a massive scale, two of the largest human and ecological crises: Safe Drinking Water and Plastic Waste.
His vision has earned Razgaitis much recognition. He is regularly invited to speak at national events, including his recent TedX presentation. FloWater has also been recognized as a Top 500 company on the annual INC. 5000 list of fastest-growing privately held companies in America.
Razgaitis said that moving forward he plans to remain influential in the industry by relentlessly executing against the company’s game plan which will be adjusted when needed. “We will continue to have an obsessive focus on the team, product development and the customer experience,” he said. “And that every company needs some good fortune and luck along the way to become and/or remain influential.”
For his outstanding work as the CEO of FloWater, his innovation and ecological impact, Razgaitis has earned a spot as a Titan.
Greatest Leadership Lessons:
One: Hire for
in addition to competency.
Two: The average person has way more potential,
and can be challenged far beyond, that which they think they are capable
Because of FloWater:
300 million single-use plastic water bottles have been saved from the environment.
They are on target to hit one billion single use plastic water bottles saved by the end of 2022.
When he's not working, you can find Raz spending time with his two teenage daughters where he gets to refine his ‘dad jokes,’ or
studying his Enneagram, riding a motorcycle, or snowboard in the winter.