Spindrift makes fizzy soda and sparkling water that emphasizes real fruit in its drinks. The company was founded in 2010 by Bill Creelman and is based in Charlestown, Mass. Per an SEC filing, Spindrift raised $29.8 million in a funding round; Crunchbase data shows $70 million in known venture funding to date. Spindrift differentiates its products by using real ingredients such as Michigan cucumbers, California strawberries and Alfonso mangoes from India. The company recently launched a pineapple flavor and ran a Golden Pineapple sweepstakes offering winners a year’s supply and a custom mini‑fridge. It competes with large sparkling‑water brands such as LaCroix. Spindrift makes sparkling water flavored exclusively with real, fresh fruit picked from family farms and squeezed within days of harvest. Its products contain no added sweeteners or natural flavors and are sold in flavors such as Half & Half, Strawberry, Orange‑Mango, Grapefruit, Blackberry, Cucumber, Lemon, and Raspberry‑Lime. The brand is available nationwide at grocery and café retailers including Trader Joe’s, Whole Foods Market, Starbucks, Panera, Kroger, Target, and online via Amazon and its own shop. Founded in 2010 by CEO Bill Creelman and based in Newton, Mass., the company emphasizes ingredient transparency and freshness. Spindrift recently closed new funding and intends to use the proceeds to launch its first national advertising campaign to educate consumers about the real-ingredient difference. Spindrift produces sparkling water made with real, fresh fruit, with flavors including Grapefruit, Blackberry, Cucumber, Lemon and Raspberry-Lime. Products contain no added sweeteners; fruit is picked from family farms and squeezed within days of harvest. The company retails an eight-pack of 12 oz. cans for $5.99 and is available nationwide at retailers such as Trader Joe's, Target, Costco and Panera. Founded in 2010 by CEO Bill Creelman and based in Waltham, Massachusetts, Spindrift closed $10m in growth funding. The company plans to use the proceeds to continue expansion into other classes of trade and to invest in production infrastructure.

Total raised

$60M

Funding rounds

3

Latest round

Equity

Latest activity

Mar 2020