Ripple Foods is a California-based brand of pea-protein dairy alternative products. The company was founded in 2014 by Adam Lowry and Neil Renninger in
Emeryville Emeryville may refer to:
* Emeryville, California
Emeryville is a city located in northwest Alameda County, California, in the United States. It lies in a corridor between the cities of Berkeley and Oakland, with a border on the shore of San ...
,
California
California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...
.
In 2017, Ripple Foods entered a deal with natural food distributor
United Natural Foods
United Natural Foods, Inc. (UNFI) is a Providence, Rhode Island–based natural and organic food company. The largest publicly traded wholesale distributor of health and specialty food in the United States and Canada, it is Whole Foods Market's m ...
to bring their pea protein beverage to the Canadian market.
Products
At launch, the company sold original, vanilla, and chocolate pea protein beverage products at
Whole Foods Market
Whole Foods Market IP, Inc., a subsidiary of Amazon, is an upscale American multinational supermarket chain headquartered in Austin, Texas, which sells products free from hydrogenated fats and artificial colors, flavors, and preservatives. A US ...
and
Target
Target may refer to:
Physical items
* Shooting target, used in marksmanship training and various shooting sports
** Bullseye (target), the goal one for which one aims in many of these sports
** Aiming point, in field artillery, fi ...
stores in the United States. The product is made using water,
pea protein
Pea protein is a food product and protein supplement derived and extracted from yellow and green split peas, ''Pisum sativum.'' It can be used as a dietary supplement to increase an individual's protein or other nutrient intake, or as a substitu ...
from powdered yellow peas, cane sugar, sunflower oil, vitamins, preservatives, sea salt, natural flavor and
guar gum
Guar gum, also called guaran, is a galactomannan polysaccharide extracted from guar beans that has thickening and stabilizing properties useful in food, feed, and industrial applications. The guar seeds are mechanically dehusked, hydrated, mil ...
. The pea protein is separated from the plant's taste and color molecules. Single-serve bottles and kid's paper cartons were later introduced.
In July 2017, a pea protein
half and half
"Half and half" is the name of various beverages and foods made of an equal-parts mixture of two substances, including dairy products, alcoholic beverages, and soft drinks.
Alcoholic beverages Belgium
In some cafés in Brussels, a "half en ...
was released in original and vanilla.
A Greek-style yogurt launched in late 2017 and is available in five flavors.
Pea protein based ice cream and cheese products are planned for release in 2018, according to the company. Ripple's vegan ice cream received favorable score of 4/5 "Green Stars" for social and environmental impact.
Funding
The company started with a $13.6M
series A round
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchan ...
in order to help fund research and development.
In July 2016, Ripple Foods raised a $30M series B funding round, led by
GV.
In early 2018, the company raised a $65 million series C funding round.
References
{{Plant milk
Companies based in Emeryville, California
American companies established in 2014
Plant milk
Non-dairy yogurts