About Spindrift
Spindrift is a company based in Newton (United States) founded in 2010 by Bill Creelman was acquired by Gryphon Investors in January 2025. Spindrift has raised $75.66 million across 9 funding rounds from investors including KarpReilly, Almanac Insights and Prolog Ventures. The company has 190 employees. Spindrift offers products and services including Ginger Ale, Orange Cream Float, Strawberry Shortcake, Concord Freeze, and Shirley Temple. Spindrift operates in a competitive market with competitors including Waterloo Sparkling, Aura Bora, Yerbae, Dash Water and Poppi, among others.
- Headquarter Newton, United States
- Employees 190
- Founders Bill Creelman
- SectorsConsumer
- Website category Food and Drink · Groceries
- Email••••••••
- Website drinkspindrift.com
- Social LinkedIn X Facebook Instagram
- Acquired by Gryphon Investors (Jan 2025)
- Legal Name Spindrift Beverage Co., Inc.
- Total Equity Funding$75.66M (USD)
in 9 rounds
- Latest Funding Round$3.53M (USD), Series C
Dec 2020
- InvestorsKarpReilly
& 7 more
- Employee Count190
- Acquired byGryphon Investors
(Jan 2025)
Products & Services of Spindrift
Spindrift offers a comprehensive portfolio of products and services, including Ginger Ale, Orange Cream Float, Strawberry Shortcake, Concord Freeze, and Shirley Temple.
Ginger citrus soda made with real squeezed fruit for natural flavor.
Orange vanilla soda using real fruit for creamy taste.
Strawberry vanilla soda with authentic fruit ingredients.
Grape soda featuring real squeezed fruit for fresh flavor.
Cherry citrus soda made from real fruit extracts.
Lemonade soda with real fruit for tropical refreshment.
Grapefruit soda using real juice for tangy taste.
Lemon soda with real squeezed fruit for zesty flavor.
Funding Insights of Spindrift
Spindrift has successfully raised a total of $75.66M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $3.53 million completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $75.66M
- Total Rounds 9
- Last Round Series C — $3.53M
- Investors Count 7
All 9 funding rounds of Spindrift with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2020 | $3.53M | Series C | – | – | – |
| Mar 2020 | $29.8M | Series C | – | KarpReilly, ALMANAC | – |
| Mar 2018 | $20M | Series B | – | – | |
| May 2017 | $10M | Series B | – | VMG Partners | |
| Dec 2015 | $7.2M | Series B | – | – | – |
| Oct 2015 | $2M | Debt – Conventional | – | – | – |
| Dec 2014 | $3.13M | Series A | – | – | – |
| May 2014 | $2M | Seed | – | Prolog Ventures | |
| Jan 2013 | – | Seed | – | – | – |
8 investors in total: 8 institutional.
Investors in Spindrift
Spindrift has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include KarpReilly, Almanac Insights and Prolog Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are provided by KarpReilly for growth companies. | – | karpreilly.com | Greenwich, United States | |
Early-stage startups in tech sectors are funded by Almanac. | – | almanacinsights.com | New York, United States | |
Health-focused venture capital investments are made in US sectors. | – | prologventures.com | Newark, United States | |
Multi-sector company acquisitions are managed by VMG Partners. | – | vmgpartners.com | San Francisco, United States | |
Venture capital firm backed by RiverPark Funds group | – | riverparkvc.com | New York, United States | |
Seed-stage venture capital is invested in US-based companies. | – | newground.vc | Palo Alto, United States | |
- | – | warbros.com | - | |
- | – | gryphon-inv.com | - |
Investor details for Spindrift
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Spindrift
14 people are tracked at Spindrift (11 in leadership, 3 in team); the tracked headcount is 190.
| Name | Role | Group |
|---|---|---|
Bill Creelman | Founder & CEO | Leadership |
Amy Steel Vanden-Eykel | Chief Growth Officer | Leadership |
Andrea Scornaienchi | Director Of National Accounts - Convenience | Leadership |
Karim Sadik-Khan | CFO Spindrift | Leadership |
Aj Purpura | Vice President, Ecommerce | Leadership |
Molly Simmons | Associate Director, Trade Marketing | Leadership |
Brett Atkinson | Senior Vice President Operations | Leadership |
Joanna Vanden | Vice President, People | Leadership |
Melissa Shum | Sr. Director, Consumer Marketing | Leadership |
Tyler Guertin | Director Of Digital Marketing | Leadership |
Chad Palma | President Of Sales | Leadership |
Elisa Fischer | People Operations Manager | Team |
Colleen Kirkwood | Manager, Marketing Operations | Team |
Atti Shepherd | Trade Marketing Specialist | Team |
Complete people profiles for Spindrift
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Spindrift
4 dated milestones of Spindrift across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Spindrift is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $3.5M.
- Exit Acquired by Gryphon Investors.
Competitors of Spindrift
Spindrift operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Waterloo Sparkling, Aura Bora, Yerbae, Dash Water and Poppi, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| drinkwaterloo.com | 2017 | Austin, United States | $7.18M | 73 | Aromatic waters are manufactured and supplied in multiple flavors. | |
| aurabora.com | 2020 | San Francisco, United States | $2M | 8 | Brand of sparkling water | |
| yerbae.com | 2017 | Scottsdale, United States | $5M | 23 | Sparkling water processing services are provided by Yerbae since 2017. | |
| dash-water.com | 2017 | London, United Kingdom | $23.16M | 26 | Fruit-infused sparkling water is produced and distributed by Dash Water. | |
| drinkpoppi.com | 2015 | Dallas, United States | $38.5M | – | Flavoured sodas are produced and distributed by Poppi. | |
| drinksanzo.com | 2018 | Long Island, United States | $16.3M | 43 | Brand of flavored sparkling water | |
| takearecess.com | 2018 | New York, United States | $33M | – | Non-alcoholic beverages are offered by Recess for relaxation. | |
| aquacarpatica.com | 2016 | Wilmette, United States | – | – | Brand of water | |
| hellowater.com | 2017 | Chicago, United States | $2.83M | – | Packaged flavored water is manufactured and distributed by Hellowater. |
Detailed competitors of Spindrift
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Spindrift
The website of Spindrift (drinkspindrift.com) receives about 64.8K visits a month and ranks #492,876 among all websites worldwide, #2,983 in Groceries.
- Monthly visits64.8K
▲ 2.6% vs previous month
- Unique visitors36.3K
per month
- Global rank#492,876
among all websites
- Category rank#2,983
Food and Drink · Groceries
- Bounce rate44%
- Pages per visit2.7
- Average visit1 min 12 sec
- DevicesDesktop 27% · Mobile 73%
Websites whose visitors overlap most with Spindrift. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| theskinnyfoodco.com | 100% | – | #98,754 | View details | |
| naturamarket.ca | 86% | 279.7K | #131,835 | View details | |
kingsoopers.com | kingsoopers.com | 85% | – | #14,277 | – |
| jewelosco.com | 81% | – | #15,245 | View details | |
| coca-cola.com | 75% | 8.6M | #4,320 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Spindrift
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Spindrift
Complete news archive for Spindrift
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Spindrift
10 companies that operate in the same segment as Spindrift (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 221.1 M | USD 99.78 M | 3,464 | |
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Dry snacks and coffee are manufactured and distributed. | 2015 | Chennai, Tamil Nadu, India | USD 16.52 M | USD 208 K | 29 | |
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | – | USD 93.92 B | 319,000 | |
Multi-category organic dairy products are offered online. | 2010 | Tiptur, Karnataka, India | USD 58.15 M | USD 23.34 M | 810 | |
Packaged food products are offered through an online platform. | 2019 | Mumbai, Maharashtra, India | USD 37.6 M | USD 4.41 M | 168 | |
Multi-category food and beverage products are produced and distributed globally. | 1866 | Vevey, Vaud, Switzerland | – | USD 2.36 B | 16,250 | |
Subscription-based dairy products are delivered via an internet-first brand. | 2013 | Hyderabad, Telangana, India | USD 19.41 M | USD 14.66 M | 250 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Spindrift
Spindrift was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Spindrift is headquartered in Newton, United States. It is registered at Newton, Massachusetts, United States.
Bill Creelman is the current CEO of Spindrift. They have also founded this company.
Spindrift is a funded company, having raised a total of $75.66M across 9 funding rounds to date.
Spindrift has 190 employees.
Spindrift was founded in 2010 and is headquartered in Newton, United States. The company operates in the beverage sector, where a range of unsweetened sparkling waters is manufactured using real, squeezed fruit. These products are distributed as a straightforward option in the non-alcoholic beverage market, with operations focused on production and supply within the U.S. The leadership includes founder and CEO Bill Creelman.
Spindrift's top competitors include Waterloo Sparkling, Yerbae and Dash Water.
Spindrift offers Ginger Ale, Orange Cream Float, Strawberry Shortcake, Concord Freeze, and 4 more products and services.
Spindrift has 8 investors. Key investors include KarpReilly, Almanac Insights, Prolog Ventures, VMG Partners, and RiverPark Ventures.
Spindrift operates through Spindrift Beverage Co., Inc..
Yes. Spindrift was acquired by Gryphon Investors in January 2025.