Ryl - About the company
Ryl is a series C company based in Hanover (United States), founded in 2022. It operates as an Internet-first brand offering ready-to-drink tea. Ryl has raised $50M in funding from Purchase Capital. The company has 13 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like BUBLUV, Tenzo Tea and Just Ice Tea.
Company Details
Internet-first brand offering ready-to-drink tea. The product catalog includes flavors like lemon tea, peach tea, raspberry tea, green tea, and more. The company claims that they provide anti-oxidant tea and the can is made of recycled aluminum.
- Website
- drinkryl.com
- Email ID
- *****@drinkryl.com
Key Metrics
Founded Year
2022
Location
Hanover, United States
Stage
Series C
Total Funding
$50M in 4 rounds
Latest Funding Round
Investors
Ranked
1st among 13 active competitors
Employee Count
101 as on Sep 30, 2026
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Ryl's funding and investors
Ryl has raised a total funding of $50M over 4 rounds. Its first funding round was on Jan 10, 2023. Its latest funding round was a Series C round on Jun 02, 2026 for $*****. 1 investor participated in its latest round. Ryl has 3 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Ryl:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 02, 2026 | 1877369 | Series C | 3322383 | 4177872 | 8490493 | 3696078 |
Apr 14, 2025 | 9370653 | Series B | 4522089 | 4062336 | 8103917 | 6819898 |
2024 | 7680 | Series A | 7167 | 2643 | 3254 | 8616 |
View details of Ryl's funding rounds and investors
Ryl's founders and board of directors
Founder? Claim ProfileRyl's employee count trend
Ryl has 101 employees as of Sep 26. Here is Ryl's employee count trend over the years:
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Ryl's Competitors and alternates
Top competitors of Ryl include BUBLUV, Tenzo Tea and Just Ice Tea. Here is the list of Top 10 competitors of Ryl, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ryl 2022, Hanover (United States), Series C | Internet-first brand offering ready-to-drink tea | $50M | 56/100 | |
2nd | BUBLUV 2019, New York City (United States), Acquired | Internet first brand offering bubble tea | - | - | 39/100 |
3rd | Tenzo Tea 2016, Santa Monica (United States), Seed | Brand of green tea shots | $1.03M | 38/100 | |
4th | Just Ice Tea 2020, Bethesda (United States), Series A | Beverage company that offers teas | $9M | 27/100 | |
5th | Yerbana 2017, Seattle (United States), Seed | Brand of natural juices | $100K | - | 26/100 |
6th | A1C Drink 2021, Overland Park (United States), Seed | Internet first brand offering flavored drinks | $380K | - | 25/100 |
7th | Hoptonic Tea 2019, San Francisco (United States), Funding Raised | Internet first brand offering ready-to-drink tea cans | - | 22/100 | |
8th | Drinkzenjoy 2018, Towson (United States), Unfunded | Provider of tea drinks formulated for stress and anxiety relief | - | - | 20/100 |
9th | Hrbvor 2019, Englewood Cliffs (United States), Unfunded | Internet first brand offering ready-to-drink tea | - | - | 17/100 |
10th | Peace Tea 2007, Atlanta (United States), Unfunded | Internet first brand of iced tea | - | - | 16/100 |
Looking for more details on Ryl's competitors? Click here to see the top ones
Ryl's Investments and acquisitions
Ryl has made no investments or acquisitions yet.
Reports related to Ryl
Here is the latest report on Ryl's sector:
News related to Ryl
Media has covered Ryl for a total of 2 events in the last 1 year.
•
Clario Launches with $6M Seed Funding to Rid Enterprises of Garbage Dataintelligence360•Jun 17, 2026•Ryl, Purchase Capital
•
The Ryl Company Closes $20 Million Series C to Accelerate Growth of Emerging "Modern Tea" CategoryBusiness Wire•Jun 02, 2026•Ryl, Purchase Capital
•
Morgan Wallen’s Ryl Company Gains $15 Million In Series B Funding With Walmart, Kroger, Costco, 7-eleven Next On The Distro ListDigital Music News•Apr 16, 2025•Ryl, Meijer, H‑E‑B, Publix and 4 others
•
•
New functional tea brand, buoyed by $6.7M in new funding, debuts in Wegmans, Whole FoodsTechCrunch+•Jan 10, 2023•Ryl
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