Ripple Foods was founded in 2014 by Adam Lowry and Neil Renninger. The company has not publicly endorsed plans to participate in an IPO. However, in 2020 the company expanded its leadership team to include David Cooper, an experienced CFO who has taken six companies public to date.
Ripple Foods offers plant-based alternatives to dairy products. The company uses pea protein to create milk, half & half, protein shakes, and more. Ripple claims that their milk has half the sugar of dairy milk, and 50% more calcium. The company has raised more than $250 million in venture capital funding from investors including Rage Capital, Ajax Strategies, S2G Ventures, GV, Euclidean, and Tao Capital Partners. The company did not disclose valuation figures following a $60 million fundraise in 2021.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Ripple Foods does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Ripple Foods will be known as it becomes public. Here are similar public companies: Beyond Meat (NAS: BYND), Blue Apron (NYS: APRN), Oatly (NAS: OTLY).
|Date||Funding Round||Funding Raised||Price per Share||IPO Valuation|
|2/21/2023||Series F-1, F-2, and F-3||$111.9MM||$XXX.XX||$XXX.XX|
|10/22/2020||Series D1-1 and D1-2||$182.57MM||$XXX.XX||$XXX.XX|
Ripple Foods is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Ripple Foods is a private company and not publicly traded.
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