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| Company type | Private |
|---|---|
| Industry | Beverage |
| Founded | 2010; 14 years ago (2010)inWaltham, Massachusetts, United States |
| Founder | Bill Creelman |
Key people | Jefferson McDume |
| Products | Seltzer Water |
Number of employees | 105 |
| Website | drinkspindrift |
Spindrift is an American soda and seltzer company. Spindrift uses fruit juice to flavor its products.[1]
The company was founded in 2010 by Bill Creelman, who said he named it Spindrift after the term for the whitewash of a wave, or windblown surf.[2]
Spindrift is currently available in eight flavors: grapefruit, lemon, raspberry lime, orange mango, strawberry, lime, pineapple, and half and half (half lemon, half tea) and three seasonal flavors: lemon limeade, strawberry lemonade, pink lemonade.[3]
In 2010, Bill Creelman started Spindrift in Charlestown, Massachusetts with a line of sodas. The beverages boasted real squeezed fruit sweetened with cane sugar. The first flavors released were grapefruit, orange, mango, lemonade, and blackberry. This was soon followed by a cranberry raspberry flavor and a half & half flavor in 2011.[4] In 2012, Spindrift started selling seltzer in lemon, raspberry lime, and tangerine flavors.[4] In 2014, raspberry lime became the first flavor of seltzer to be sold in a can as opposed to a bottle. Additionally, ginger beer was a new flavor joining the soda line.[4] On June 4, 2014, Spindrift expanded its company's staff from four to eight people.[5] In 2016, Spindrift discontinued its entire soda line of beverages in favor of the seltzer line. A new can design was used, and seltzer was rebranded to be called sparkling water.[4] In 2017, Spindrift debuted "Tall Boys", a 16oz tall variety of the existing cans of sparkling water. Only certain flavors of sparkling water had a tall boy variant.[4] On May 3, 2017, Spindrift closed on $10 million of new growth capital led by VMG Partners.[6] On February 28, 2018, Spindrift announced new distribution of its products in Kroger, Starbucks,[7] and Whole Foods.[8] On March 20, 2018, Spindrift secured $20 million in funding from VMG Partners.[7] On June 14, 2018, Spindrift reported experiencing a 800% sales increase from 2016 to 2018.[9] During March 2020, Spindrift raised $29.8 million in funding from Moelis & Company LLC.[10] As of November 2020, Spindrift has 105 employees and $69.9 million in total funding.[11] In 2021, Spindrift released a new line of alcholoic sparkling water, Spindrift Spiked. Available flavors of spindrift spiked was mango, half & half, lime, and pineapple. Lemon, grapefruit, passion orange guava, blood orange tangerine, spiced apple cider, and strawberry lemonade soon followed.[4][12] In 2024, Spindrift started an online video series called "Squeezed: A True Crime Podumockery," in which a fictional quest is depicted in order to reveal a new flavor of sparkling water. Four episodes were made airing each friday in February of 2024. The new flavor is set to be revealed in the 4th and final episode, airing February 23rd, 2024.[13]
As of 2023 there are 20 existing flavors of spindrift seltzer. 16 are currently available in retail locations while the remaining four are vaulted and are temporarily unavailable for purchase. There are 8 flavors of spindrift spiked currently for sale, and 7 flavors of spindrift soda which have been vaulted.
