Ripple Foods
Berkeley, US · Incorporated in Delaware · 11 known investors
Ripple Foods makes plant-based milk, shakes, and half & half products from yellow peas, marketed as sustainable alternatives to dairy and other plant-based milks. The company targets consumers seeking environmentally-friendly protein-rich beverages and breakfast products.
Also known as Ripple · Ripple Foods
Founders & leadership

Investors · 11
Reported raises · per SEC filings
Form D private placements$278.9M disclosed across 8 rounds · 2015–2024
▶$10.8MraisedApr 2024 · 15 investors · Other TechnologyRule 506(b)
- Beth Potillo-MillerExecutive Officer
- Andy WheelerDirector
- Neil RenningerDirector
- Chuck TempletonDirector
- Tim KoogleDirector
- Becky O'GradyDirector
- Adam LowryExecutive Officer, Director
- Laura FlanaganExecutive Officer, Director
- Gabriel KraDirector
- Offering amount
- $10.9M
- Amount sold
- $10.8M
- First sale
- Mar 2024
- Incorporated
- Other, Delaware
- Federal exemptions
- 06b
▶$49.2MraisedNov 2023 · 59 investors · Other TechnologyRule 506(b)
- Laura FlanaganExecutive Officer, Director
- Tim KoogleDirector
- Chuck TempletonDirector
- Andy WheelerDirector
- Neil RenningerDirector
- Adam LowryExecutive Officer, Director
- Gabriel KraDirector
- Becky O'GradyDirector
- Offering amount
- $55.4M
- Amount sold
- $49.2M
- First sale
- Feb 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$57.3MraisedAug 2021 · 18 investors · Other TechnologyRule 506(b)
- Adam LowryExecutive Officer, Director
- Gabriel KraDirector
- Laura FlanaganExecutive Officer, Director
- David CooperExecutive Officer
- Neil RenningerDirector
- Andy WheelerDirector
- Tim KoogleDirector
- Becky O'GradyDirector
- Offering amount
- $61M
- Amount sold
- $57.3M
- First sale
- Aug 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$55.8MraisedOct 2020 · 15 investors · Other TechnologyRule 506(b)
- Seth GoldmanDirector
- Gabriel KraDirector
- Adam LowryExecutive Officer, Director
- Neil RenningerDirector
- Tim KoogleDirector
- Laura FlanaganExecutive Officer, Director
- David CooperExecutive Officer
- Andy WheelerDirector
- Becky O'GradyDirector
- Offering amount
- $55.8M
- Amount sold
- $55.8M
- First sale
- May 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$11.9MraisedFeb 2019 · 10 investors · Other TechnologyRule 506(b)
- Neil RenningerExecutive Officer, Director
- Offering amount
- $15M
- Amount sold
- $11.9M
- First sale
- Dec 2018
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$60.8MraisedJan 2018 · 15 investors · Other TechnologyRule 506(b)
- Gabriel KraDirector
- Andy WheelerDirector
- Seth GoldmanDirector
- Tim KoogleDirector
- Neil RenningerExecutive Officer, Director
- Adam LowryExecutive Officer, Director
- Offering amount
- $65M
- Amount sold
- $60.8M
- First sale
- Dec 2017
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$19.4MraisedJul 2016 · 9 investors · Other TechnologyRule 506(b)
- Seth GoldmanDirector
- Gabriel KraDirector
- Andy WheelerDirector
- Neil RenningerExecutive Officer, Director
- Adam LowryExecutive Officer, Director
- Offering amount
- $30M
- Amount sold
- $19.4M
- First sale
- Jun 2016
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$13.6MraisedDec 2015 · 17 investors · Other TechnologyRule 506(b)
- Adam LowryExecutive Officer, Director
- Neil RenningerExecutive Officer, Director
- Offering amount
- $13.6M
- Amount sold
- $13.6M
- First sale
- Nov 2015
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Ripple Foods is a plant-based food and beverage company that produces dairy alternatives built around pea protein. Its product line, as presented on its own website, includes Ripple Milk (8g protein per serving), Ripple Kids milk (8g protein plus DHA), plant-based protein shakes (20g protein per serving), shelf-stable half & half, and coffee-oriented products such as a shelf-stable Barista Milk marketed for use in lattes and other coffee drinks. Milks are offered in original, unsweetened original and shelf-stable formats, and shakes in chocolate and vanilla flavors.
The company positions its products nutritionally against dairy and other plant-based milks, citing USDA National Nutrient Database (Legacy, April 2018) figures to compare protein, sugar and calcium content per cup of Ripple Original milk with dairy, almond and oat milks. Marketing on the site also emphasizes suitability for children with allergies and dairy-free recipe applications such as lattes, matcha and chai.
Business model
Ripple Foods sells packaged plant-based beverages both through retail distribution and directly to consumers via an e-commerce store on its own website, where products are sold in multi-unit packs (for example 6-packs of 32 oz milk and 12-packs of 12 oz protein shakes). The site offers a subscription option with a 10% discount and free shipping on orders over $70, and includes a "Become A Retailer" channel for wholesale partners.
Revenue comes from product sales of packaged plant-based milks, kids' milks, half & half and protein shakes, priced on the company's own store between roughly $31 and $38 per multi-pack, through both one-time purchases and recurring subscriptions.
▸Full profile — market position, technology, go-to-market, geography
Market position
Ripple Foods competes in the dairy-alternative beverage category against dairy milk and other plant-based milks such as almond and oat, positioning itself on higher protein and calcium content per serving.
The company differentiates on protein content and nutritional profile relative to competing plant-based milks, presenting per-cup comparisons in which Ripple Original milk provides 8g of protein and 440mg of calcium versus 1g of protein for almond milk and 2g for oat milk, and lower sugar than dairy milk. It also emphasizes simple ingredient lists and dairy-free formulations for allergy-sensitive consumers.
Technology
Products are formulated around plant-derived protein used to replicate the nutritional and sensory characteristics of dairy, including shelf-stable milk, half & half and barista milk formats, and a kids' milk fortified with DHA.
Go-to-market
Dual-channel distribution: retail placement at grocery stores across the United States and Canada, supported by a store locator, alongside direct online sales with subscribe-and-save pricing, email list signup incentives (10% off first order) and social media engagement encouraging customer-generated content tagged to @RippleFoods.
Consumers seeking dairy-free beverages, including households with children (a dedicated Ripple Kids line with added DHA), people avoiding dairy for allergy reasons, protein-shake buyers, and coffee drinkers seeking non-dairy creamers and barista milk. Retailers are also addressed directly through a wholesale sign-up path.
Geography
Products are sold at retail stores across the United States and Canada, with direct-to-consumer shipping via the company's online store.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
2 people who came through Ripple Foods went on to found or lead other companies.
Competitors · 4
by search overlapCompanies competing with Ripple Foods for the same Google search keywords, organic and paid, via search-intersection analysis.
Legal entities · 1
corporate structureIn the news
▸Research sources · 1
primary sources listed
- Ripple Foodsripplefoods.com · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Ripple Foods do?
- Ripple Foods sells pea-protein-based dairy alternatives including milks, kids' milks, half & half and protein shakes.
- Who founded Ripple Foods?
- Ripple Foods was founded by Adam Lowry, Dr. Neil Renninger.
- Who are Ripple Foods's investors?
- Ripple Foods's investors include Bloom8, Evolution VC Partners, GroundForce Capital, Material Impact, Prelude Ventures, Radicle Impact, S2G Investments, Sand Hill Angels and 3 more.
- How much funding has Ripple Foods raised?
- Ripple Foods has disclosed $278.9M raised across 8 rounds.
- Where is Ripple Foods headquartered?
- Ripple Foods is headquartered in Berkeley, US.




