What does The Ryl Company do?
The Ryl Company produces zero-sugar iced tea with no artificial ingredients and 5 calories or less, offering a range of innovative flavors including Peach, Southern Sweet, Raspberry, and more.
How much did they raise?
The company raised $15M in Series B funding led by investors such as Feuerstein, Wallen, and Get Engaged Media’s Cam Fordham, following a previous $7.5M Series A round.
What are their plans for the money?
The new funds will be used to expand national distribution to over 40,000 stores by the end of 2025, along with additional hires in operations, marketing, sales, and product development, aiming to strengthen its market presence.
What have they achieved so far?
Since its founding in 2022, The Ryl Company has achieved significant retail distribution with key partnerships with chains like Walmart, Kroger, and Costco, establishing a solid foundation in the beverage market.