Ripple Foods PBC

FoodSeries EBerkeley, USripplefoods.com

Latest round

Series E

Last raised

Aug 2021

Total raised

$192M

Investors

15

About Ripple Foods PBC

Founded in 2014 by co-founders Adam Lowry and Neil Renninger, and based in California, US, Ripple Foods, PBC, produces plant-based milk, half & half, protein shakes, and frozen desserts using proprietary technology to extract protein from yellow peas, making their products high in protein and low in sugar. Ripple Foods’ product lineup includes a variety of non-dairy milk options, protein shakes, and kids’ drinks, including shelf-stable and on-the-go options. Ripple milk is made from yellow peas, offering a rich source of protein, vitamins, and minerals free from common allergens such as dairy, nuts, and soy. Additionally, the firm offers 8 grams of protein per serving and 50% more calcium than traditional dairy milk. Ripple generates revenue primarily through direct-to-consumer online sales, retail partnerships with major chains like Whole Foods, Target, Kroger, and Walmart, and expanding foodservice channels. Subscription models such as “Subscribe & Save” and shelf-stable product lines further enhance recurring revenue opportunities.

Who invested in Ripple Foods PBC

15 investors across 5 rounds

See all investors in Ripple Foods PBC

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Funding rounds

  1. Series E

    Aug 5, 2021

    Amount

    $57M

    Investors

    Locked

  2. Series D

    May 29, 2020

    Amount

    $30M

    Investors

    Locked

  3. Series C

    Dec 27, 2017

    Amount

    $61M

    Investors

    Locked

  4. Series B

    Jul 7, 2016

    Amount

    $30M

    Investors

    Locked

  5. Series A

    Dec 4, 2015

    Amount

    $14M

    Investors

    Locked

Questions about Ripple Foods PBC

Who invested in Ripple Foods PBC?

Ripple Foods PBC has 15 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ripple Foods PBC raised?

Ripple Foods PBC has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Ripple Foods PBC last raise money?

Ripple Foods PBC's most recent round on record is a Series E, in Aug 2021.

What does Ripple Foods PBC do?

Founded in 2014 by co-founders Adam Lowry and Neil Renninger, and based in California, US, Ripple Foods, PBC, produces plant-based milk, half & half, protein shakes, and frozen desserts using proprietary technology to extract protein from yellow peas, making their products high in protein and low in sugar.

Where is Ripple Foods PBC headquartered?

Ripple Foods PBC is headquartered in Berkeley, US.

Which VCs invest in companies like Ripple Foods PBC?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back food companies at Ripple Foods PBC's stage. Their profiles are linked below.

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