Ripple Foods
| File:Ripple Foods logo.png | |
Ripple's chocolate pea milk | |
| Company type | Private |
|---|---|
| Industry | Dairy alternatives |
| Founded | 2014 |
| Founders | Adam Lowry Neil Renninger |
| Headquarters | Emeryville, California |
Areas served | Canada and the United States |
| Products | Pea protein beverage, half & half, Greek-style yogurt |
| Website | ripplefoods |
Ripple Foods is a brand based in California that focuses on producing dairy alternatives derived from pea protein. Established in 2014 by Adam Lowry and Neil Renninger in Emeryville, California, the company serves the expanding market for plant-based drinks.
In 2017, Ripple extended its reach into the Canadian market by partnering with natural foods distributor United Natural Foods.
Products
Ripple initially launched its line of original, vanilla, and chocolate-flavored pea protein beverages at retailers such as Whole Foods Market and Target throughout the United States. These beverages are crafted from water, yellow pea protein isolate separated from flavor and color elements, cane sugar, sunflower oil, vitamins, preservatives, sea salt, natural flavorings, and guar gum. Subsequently, the brand introduced convenient single-serve bottles along with packaging designed for children.
In July 2017, the company debuted a pea protein-based half and half available in original and vanilla varieties.
By the end of 2017, Ripple expanded its portfolio with a Greek-style yogurt offered in five distinct flavors.
The company aimed to enter the plant-based ice cream and cheese sectors in 2018. Its vegan ice cream product earned a positive 4 out of 5 "Green Stars" rating for its social and environmental contributions.
Funding
Ripple Foods commenced operations backed by a $13.6 million series A round to advance research and development initiatives.
In July 2016, it secured $30 million in a series B financing round led by GV.
By early 2018, the firm completed a $65 million series C funding round to accelerate expansion within the plant-based milk industry.