When was Spindrift founded?

Spindrift was founded in 2010 and raised its 1st funding round 3 years after it was founded.

Where is Spindrift located?

Spindrift is headquartered in Newton, United States.

Who is the current CEO of Spindrift?

Bill Creelman of Spindrift. They have also founded 1 company.

How many employees does Spindrift have?

As of Aug 31, 2026, the latest employee count at Spindrift is 233.

Is Spindrift a funded company?

Spindrift is a funded company, having raised a total of $75.7M across 9 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 2013.

When was the latest funding round of Spindrift?

Spindrift's latest funding was a $***** Series C round on Dec 29, 2020, with participation from 0 investor. Its primary sector is Food & Beverage Products. In United States, the Food & Beverage Products sector has seen $649M in funding in 2026 to date.

Where does Spindrift rank among its competitors?

Spindrift ranks 9th amongst 166 active competitors, of which 21 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Recess, which secured $30M in Oct, 2025.

Who are the top competitors of Spindrift?

Spindrift's top competitors include Recess, Dash Water and Fever-Tree. Among them, Recess secured the most recent funding round in October, 2025.

Spindrift - 2026 Company Profile, Team, Funding & Competitors

Spindrift is an acquired company based in Newton (United States), founded in 2010 by Bill Creelman. It operates as a Provider of a beverage company that produces a range of unsweetened sparkling waters made with real, squeezed fruit, offering a unique and refreshing beverage option for consumers. Spindrift has raised $75.7M in funding from investors like Prolog Ventures, VMG Partners and KarpReilly. The company has 166 active competitors, including 21 funded and 22 that have exited. Its top competitors include companies like Recess, Dash Water and Fever-Tree.

Company Details

Provider of a beverage company that produces a range of unsweetened sparkling waters made with real, squeezed fruit, offering a unique and refreshing beverage option for consumers.

Website: drinkspindrift.com
Social
Email ID: *****@drinkspindrift.com

Key Metrics

Founded Year

2010

Location

Newton, United States

Stage

Acquired

Total Funding

$75.7M in 9 rounds

Latest Funding Round

Series C, Dec 29, 2020, $*****

Investors

Prolog Ventures & 8 more

Ranked

9^th among 166 active competitors

Employee Count

233 as on Aug 31, 2026

Similar Companies

Recess & 204 more

Exit Details

Acquired by Gryphon Investors (Jan 16, 2025)

View Spindrift's full profile

Spindrift is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPINDRIFT BEVERAGE CO., INC. CIN: 454807439 , United States, Active	Dec 13, 2012	-	200 (As on Dec 31, 2024)	-

Spindrift got acquired by Gryphon Investors on Jan 16, 2025.

Click here to take a look at Spindrift's acquisition in detail

Spindrift has raised a total funding of $75.7M over 9 rounds. Its first funding round was on Jan 2013. Spindrift has 9 institutional investors.

Here is the list of recent funding rounds of Spindrift:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 29, 2020	2848751	Series C	2733828	9034385	1876375	3055757
Mar 05, 2020	1582125	Series C	5469108	6250802	4025837	7485541
Mar 15, 2018	1586770	Series B	6843406	9363490	1150746	Prolog Ventures & 3 more

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View details of Spindrift's funding rounds and investors

The founders of Spindrift is Bill Creelman. Bill Creelman is the CEO of Spindrift.

Here are the details of Spindrift's key team members:

Bill Creelman: Founder & CEO of Spindrift.

View details of Spindrift's Founder profiles and Board Members

Spindrift's employee count trend

Spindrift has 233 employees as of Aug 26. Here is Spindrift's employee count trend over the years:

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Top competitors of Spindrift include Recess, Dash Water and Fever-Tree. Here is the list of Top 10 competitors of Spindrift, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Recess 2018, New York City (United States), Series B	Calm, cool, collected functional beverages for relaxation and focus	$57.7M	CAVU Consumer Partners, VANQUISH EQUITY & 16 others	62/100
2nd	Dash Water 2017, London (United Kingdom), Series A	Brand of carbonated water	$23.2M	KM Capital, Beringea & 36 others	60/100
3rd	Fever-Tree 2003, New York City (United States), Public	Brand of soda	$71.6M	LDC, The Independent Investment Trust & 2 others	57/100
4th	Waterloo Sparkling 2017, Austin (United States), Acquired	Manufactures and supplier of aromatic water	$7.18M	CAVU Consumer Partners, Trinity Investors ... & 3 others	57/100
5th	Poppi 2015, Dallas (United States), Acquired	Brand of flavoured soda	$40M	CAVU Consumer Partners, THE CHAINSMOKERS ... & 17 others	52/100
6th	A. Le Coq 1807, Tartu (Estonia), Acquired	Brand of sparkling drinks for kids	-	-	46/100
7th	Yerbae 2017, Scottsdale (United States), Acquired	Provider of sparkling water processing services	$5M	Vistar, Zenfinity Capital & 4 others	44/100
8th	Nexba 2010, Sydney (Australia), Series A	Brand of flavoured water	$6M	Gaingels & 5 others	44/100
9th	Spindrift 2010, Newton (United States), Acquired	Provider of a beverage company that produces a range of unsweetened sparkling waters made with real, squeezed fruit, offering a unique and refreshing beverage option for consumers	$75.7M	Balance Point Capital, RiverPark Ventures ... & 7 others	42/100
10th	Hellowater 2017, Chicago (United States), Seed	Manufacturer & brand of packaged water	$2.83M	Brandt, CSA Partners & 1 others	42/100