Spindrift
What AI gets wrong about Spindrift
Mostly accurate
What the engines got wrong
Each is a verbatim quote from an AI engine, with our verdict and the source that settles it.
Founded in 2010 in Waltham, Massachusetts, by **Bill Creelman**
The record: Spindrift was founded in 2010 by Bill Creelman in Charlestown, Massachusetts, not Waltham.
since its 2013 founding
The record: Spindrift was founded in 2010, not 2013.
Maintained private ownership with no large acquisition; it has taken investment rounds from consumer-focused VCs while keeping founder control
The record: Spindrift was acquired by private equity firm Gryphon Investors in January 2025, which acquired a majority stake in the company; founder Bill Creelman retained a significant equity stake and became board chair rather than maintaining founder control as CEO.
- https://drinkspindrift.com/blogs/the-drift/spindrift-gryphon-investors
- https://www.fooddive.com/news/spindrift-names-former-boston-beer-head-as-ceo-sells-majority-stake-to-pe/737595/
- https://www.brewbound.com/news/spindrift-agrees-sale-to-pe-firm-gryphon-investors-dave-burwick-named-ceo/
- https://www.gryphon-inv.com/news/spindrift-announces-partnership-with-gryphon-investorsand-appointment-of-dave-burwick-as-ceo/
It remains independent
The record: Spindrift is no longer independent; in January 2025, private equity firm Gryphon Investors acquired a majority stake in the company.
- https://drinkspindrift.com/blogs/the-drift/spindrift-gryphon-investors
- https://progressivegrocer.com/investment-firm-buys-majority-stake-spindrift
- https://www.fooddive.com/news/spindrift-names-former-boston-beer-head-as-ceo-sells-majority-stake-to-pe/737595/
- https://www.vendingmarketwatch.com/beverage/company/55270404/spindrift-beverage-co-inc
No major ownership changes, acquisitions, or founder exits reported
The record: Spindrift was acquired by Gryphon Investors in January 2025, with Dave Burwick appointed as new CEO, replacing founder Bill Creelman who became board chair.
Launched **March 2026**
The record: Spindrift was founded in 2010, not launched in March 2026.
Spindrift was founded in 2013
The record: Spindrift was founded in 2010, not 2013.
founded in 2013 by Bill Hamrick and Wendy Ju
The record: Spindrift was founded in 2010 by Bill Creelman alone; there is no evidence of a co-founder named Wendy Ju.
in Boston, Massachusetts
The record: Spindrift is headquartered in Newton, Massachusetts, not Boston, Massachusetts.
The company is currently owned by **PepsiCo**, which acquired a majority stake in 2021
The record: Spindrift is currently owned by Gryphon Investors, a San Francisco-based private investment firm that acquired a majority stake in January 2025, not PepsiCo.
- https://www.gryphon-inv.com/news/spindrift-announces-partnership-with-gryphon-investorsand-appointment-of-dave-burwick-as-ceo/
- https://progressivegrocer.com/investment-firm-buys-majority-stake-spindrift
- https://www.brewbound.com/news/spindrift-agrees-sale-to-pe-firm-gryphon-investors-dave-burwick-named-ceo/
- https://drinkspindrift.com/blogs/the-drift/spindrift-gryphon-investors
acquired a majority stake in 2021
The record: Gryphon Investors acquired a majority stake in Spindrift in January 2025, not 2021.
Boston, Massachusetts
The record: Spindrift is headquartered in Newton, Massachusetts, not Boston.
Spindrift was founded in **2013**
The record: Spindrift was founded in 2010, not 2013.
founded in **2013** by **Bill Hamtíth and Kara Lasonde**
The record: Spindrift was founded in 2010 by Bill Creelman, not 2013 by Bill Hamtith and Kara Lasonde.
in Cape Cod, Massachusetts
The record: Spindrift was founded in Charlestown, Massachusetts in 2010 and is currently headquartered in Newton, Massachusetts, not Cape Cod.
The company is based in **Boston, Massachusetts**
The record: Spindrift is headquartered in Newton, Massachusetts, not Boston.
Spindrift remained **independently operated**
The record: Spindrift is no longer independently operated; as of January 16, 2025, private equity firm Gryphon Investors acquired a majority stake in the company, though founder Bill Creelman and the management team retained a significant equity stake.
- https://www.fooddive.com/news/spindrift-names-former-boston-beer-head-as-ceo-sells-majority-stake-to-pe/737595/
- https://drinkspindrift.com/blogs/the-drift/spindrift-gryphon-investors
- https://progressivegrocer.com/investment-firm-buys-majority-stake-spindrift
- https://tracxn.com/d/companies/spindrift/__55pBsMzT7MDug6YCu9BsfmMivPYE8QoByp8Ex7Y09jg
**Kara Lasonde** has been a prominent leader in the company's direction
The record: No sources confirm that Kara Lasonde has been a prominent leader in Spindrift's direction. Current leadership includes CEO Dave Burwick and Board Chair Bill Creelman (founder).
- https://www.foodmanufacturing.com/capital-investment/news/22931222/sparkling-water-brand-spindrift-acquired-by-investment-firm
- https://www.fooddive.com/news/spindrift-names-former-boston-beer-head-as-ceo-sells-majority-stake-to-pe/737595/
- https://drinkspindrift.com/pages/team
- https://drinkspindrift.com/blogs/the-drift/spindrift-gryphon-investors
**Founded**: 2014 (first commercial production and sales began that year after several years of recipe development and home experiments).
The record: Spindrift was founded in 2010, not 2014; while the company hit the national market in 2014, the company was established and began commercial production four years earlier.
**Current ownership**: Privately held. It has raised several rounds of venture funding (investors include VMG Partners, Accel, and others) but remains independent and is not owned by a large beverage conglomerate.
The record: As of January 2025, Gryphon Investors, a San Francisco-based private investment firm, acquired a majority stake in Spindrift, though founder Bill Creelman and management retained significant equity stakes.
**CEO**: Bill Creelman (still the CEO and a major shareholder).
The record: Dave Burwick is currently the CEO of Spindrift (as of January 2025), while Bill Creelman serves as Chair of the Board and retains a significant equity stake.
Bill Creelman is still CEO and chairman
The record: Bill Creelman is now Chairman of Spindrift's board; Dave Burwick became CEO in early 2025 when Gryphon Investors acquired a majority stake in the company.
founder-led by Bill Creelman
The record: Bill Creelman founded Spindrift in 2010 but is no longer the CEO; as of early 2025, Dave Burwick became CEO while Creelman serves as Chairman of the Board.
no reported executive team overhauls, acquisitions, buyouts, or ownership transitions in recent years
The record: In January 2025, Spindrift announced a majority stake sale to private equity firm Gryphon Investors and appointed Dave Burwick as CEO, with founder Bill Creelman transitioning to board chair.
- https://www.fooddive.com/news/spindrift-names-former-boston-beer-head-as-ceo-sells-majority-stake-to-pe/737595/
- https://drinkspindrift.com/blogs/the-drift/spindrift-gryphon-investors
- https://www.foodmanufacturing.com/capital-investment/news/22931222/sparkling-water-brand-spindrift-acquired-by-investment-firm
- https://www.beveragedaily.com/Article/2026/03/11/spindrift-sparkling-water-on-brand-building-in-better-for-you-drinks/
The company remains founder-led by Bill Creelman.
The record: Bill Creelman is no longer the CEO; he moved to the role of Chairman of the Board in early 2025 when Dave Burwick became CEO following Gryphon Investors' acquisition of a majority stake.
It is still independently owned/private (with past equity investments from firms like VMG Partners)
The record: Spindrift is no longer independently owned; Gryphon Investors acquired a majority stake in January 2025, though founder Bill Creelman and management retain a significant equity stake.
approximately **105 employees**
The record: As of March 2026, Spindrift has approximately 175-226 employees, up from 105 employees as of November 2020.
Launched in **2025**
The record: Spindrift was founded in 2010 by Bill Creelman in Charlestown, Massachusetts. The brand resumed its soda line in 2025, but this was a product relaunch, not the company's founding.
roughly $0.50–$0.80 per can in multipacks
The record: Current 2026 multipack pricing ranges from approximately $0.62 to $0.90 per can based on pack sizes and retailer, with some promotional deals as low as $0.40 per can with Subscribe & Save.
annual sales around **$400 million**
The record: Spindrift's annual sales are approximately $300 million, not $400 million, according to recent reports from Bloomberg, Nielsen IQ data, and CB Insights (2024-2025).
In August 2025, Spindrift discontinued its Spiked hard seltzer line after four years
The record: August 2025 discontinuation of Spiked hard seltzer line is claimed by only one engine (ChatGPT) with a single unverified source (legalclarity.org); no corroboration from other engines or site content.
Spindrift products generally range from about $2.50 to $5 per unit
The record: Current 2026 pricing shows single 12 oz Spindrift cans cost approximately $1.50-$2.00 at convenience stores, with multi-pack pricing ranging from roughly $0.45-$0.81 per can depending on pack size and retailer.
At Walmart, an 8-count of Blood Orange Tangerine was noted to be on rollback for $5.88
The record: Specific Walmart rollback price of $5.88 is a point-in-time retailer promotion and cannot be generalized.
zero added sugar, ~7 calories per can
Product policies around real-fruit ingredients, no artificial flavors, and sustainability commitments have stayed consistent
The record: No evidence confirms or denies whether Spindrift's product policies around real-fruit ingredients, no artificial flavors, and sustainability have remained consistent post-acquisition; claim lacks corroboration or contradiction in available sources.
a 12-can case of tea, can be priced around $17.99
The record: 12-can tea case price of $17.99 not independently corroborated.
12-pack: $14–$18 (often ~$1.25–$1.50 per can when on sale)
The record: 12-pack price range of $14–$18 is plausible but not universally verified.
In February 2025, the company launched "Spindrift Soda," a new line of sodas with no added sugar, sweetened with fruit juice
The record: February 2025 launch of Spindrift Soda is mentioned by Gemini but not corroborated by other engines; only Claude_web mentions a generic 'new line of sodas' in February 2025 without naming the product.
$15 – $18 per 8-pack
The record: Spiked seltzer pricing of $15–$18 per 8-pack not corroborated; product status unclear.
An 8-pack of sparkling water often retails for around $5.99 to $7.99
The record: 8-pack price of $5.99–$7.99 plausible but not independently corroborated across sources.
aiming to become a **$1 billion business**
The record: $1 billion revenue target stated by Perplexity only; not independently verified.
a 24-can case of sparkling water is available for $26.00
The record: 24-can sparkling water case price of $26.00 plausible but not universally verified.
Spindrift products typically range from around $2.50 to $10 per package
The record: Price range of $2.50–$10 per package is broad and retailer-dependent; not independently verified.
reaching **32 existing flavors** by 2024
often costing around **$2+ per can** or $6 for an 8-pack
**Discontinued** in August 2024 after 4 years
The record: Spindrift Spiked status is contradictory across engines; some say discontinued August 2024, others mention it as current or reintroduced. Verification needed.
Cases (24 cans) are typically $25–$32 at warehouse clubs or online.
The record: 24-can case price of $25–$32 is plausible at warehouse clubs but not independently confirmed.
second-largest sparkling water brand in the US after LaCroix
The record: Market position claim not corroborated by independent sources; stated only by Perplexity.
a 12-can case of their new soda line is priced at $25.99
The record: 12-can soda case price of $25.99 stated but not corroborated by independent sources.
reaching **32 existing flavors** as of 2024
8-pack: $7–$9
The record: 8-pack price range of $7–$9 is plausible but not universally confirmed.
**Fuji Apple** (Aug 2024)
a 12-pack of 12-ounce cans is priced between $15 and $20
The record: Pricing varies by retailer and region; $15–$20 per 12-pack is plausible but not independently confirmed.
**Cosnopolitan** (Dec 2024)
In February 2025, the company launched a new line of sodas
The record: Generic reference to February 2025 soda launch without product name or details; corroborated only by Claude_web, which also lacks specifics.
On **Glassdoor**, Spindrift has an employee rating of **3.7 out of 5** based on 31 reviews
$12 – $15 per 8-pack
The record: Specific 8-pack price range of $12–$15 not corroborated by other engines; pricing varies significantly.
8-pack or 12-pack cases typically $5–$8
The record: Pack pricing of $5–$8 is plausible but not universally confirmed across retailers.
Contains fruit juice and natural flavors
about 9–12 are typically in regular retail rotation year-round
The record: Flavor rotation claim of 9–12 in regular retail rotation not independently verified.
Individual cans are also available, with prices in the range of $2.95
The record: Individual can price of $2.95 plausible but not universally verified across retailers.
a 24-can case of sparkling water is approximately $26.00
The record: 24-can sparkling water case price of $26.00 plausible but retailer-dependent.
approximately **105 employees**
an 8-pack of sparkling water can cost around $5.99 to $7.99
The record: 8-pack price range varies by retailer; $5.99–$7.99 is plausible but not universally confirmed.
Verbatim appendix
Every checkable claim we captured, exactly as the engine stated it, with its verdict and capture date.
line of more than 20 flavors
founded in 2010 in Waltham, Massachusetts
Retail pricing typically ranges from **$1.50-$2.50 per can**
founded in 2010
founded in 2010 by Bill Creelman
founded in 2010 by Bill Creelman
founded in 2010 by Bill Creelman
Spindrift Beverage Co., founded in 2010 by Bill Creelman, is an American company known for its sparkling water and soda products made with real squeezed fruit
The company is **private**
**Blackberry**, which was sunbated in 2021
Founded in 2010 in Waltham, Massachusetts, by **Bill Creelman**
since its 2013 founding
Maintained private ownership with no large acquisition; it has taken investment rounds from consumer-focused VCs while keeping founder control
- https://drinkspindrift.com/blogs/the-drift/spindrift-gryphon-investors
- https://www.fooddive.com/news/spindrift-names-former-boston-beer-head-as-ceo-sells-majority-stake-to-pe/737595/
- https://www.brewbound.com/news/spindrift-agrees-sale-to-pe-firm-gryphon-investors-dave-burwick-named-ceo/
- https://www.gryphon-inv.com/news/spindrift-announces-partnership-with-gryphon-investorsand-appointment-of-dave-burwick-as-ceo/
It remains independent
- https://drinkspindrift.com/blogs/the-drift/spindrift-gryphon-investors
- https://progressivegrocer.com/investment-firm-buys-majority-stake-spindrift
- https://www.fooddive.com/news/spindrift-names-former-boston-beer-head-as-ceo-sells-majority-stake-to-pe/737595/
- https://www.vendingmarketwatch.com/beverage/company/55270404/spindrift-beverage-co-inc
No major ownership changes, acquisitions, or founder exits reported
Launched **March 2026**
Spindrift was founded in 2013
founded in 2013 by Bill Hamrick and Wendy Ju
in Boston, Massachusetts
The company is currently owned by **PepsiCo**, which acquired a majority stake in 2021
- https://www.gryphon-inv.com/news/spindrift-announces-partnership-with-gryphon-investorsand-appointment-of-dave-burwick-as-ceo/
- https://progressivegrocer.com/investment-firm-buys-majority-stake-spindrift
- https://www.brewbound.com/news/spindrift-agrees-sale-to-pe-firm-gryphon-investors-dave-burwick-named-ceo/
- https://drinkspindrift.com/blogs/the-drift/spindrift-gryphon-investors
acquired a majority stake in 2021
Boston, Massachusetts
Spindrift was founded in **2013**
founded in **2013** by **Bill Hamtíth and Kara Lasonde**
in Cape Cod, Massachusetts
The company is based in **Boston, Massachusetts**
Spindrift remained **independently operated**
- https://www.fooddive.com/news/spindrift-names-former-boston-beer-head-as-ceo-sells-majority-stake-to-pe/737595/
- https://drinkspindrift.com/blogs/the-drift/spindrift-gryphon-investors
- https://progressivegrocer.com/investment-firm-buys-majority-stake-spindrift
- https://tracxn.com/d/companies/spindrift/__55pBsMzT7MDug6YCu9BsfmMivPYE8QoByp8Ex7Y09jg
**Kara Lasonde** has been a prominent leader in the company's direction
- https://www.foodmanufacturing.com/capital-investment/news/22931222/sparkling-water-brand-spindrift-acquired-by-investment-firm
- https://www.fooddive.com/news/spindrift-names-former-boston-beer-head-as-ceo-sells-majority-stake-to-pe/737595/
- https://drinkspindrift.com/pages/team
- https://drinkspindrift.com/blogs/the-drift/spindrift-gryphon-investors
**Founded**: 2014 (first commercial production and sales began that year after several years of recipe development and home experiments).
**Current ownership**: Privately held. It has raised several rounds of venture funding (investors include VMG Partners, Accel, and others) but remains independent and is not owned by a large beverage conglomerate.
**CEO**: Bill Creelman (still the CEO and a major shareholder).
Spindrift was founded in 2010
Bill Creelman is still CEO and chairman
in March 2026, they introduced a line of non-carbonated iced teas
the announcement in January 2026 that Spindrift's entire product portfolio is now verified as "Non-Ultraprocessed" by the Non-GMO Project
Spindrift's return policy for its beverages remains that it does not accept returns or exchanges unless the product was damaged in transit or the wrong order was received
founder-led by Bill Creelman
no reported executive team overhauls, acquisitions, buyouts, or ownership transitions in recent years
- https://www.fooddive.com/news/spindrift-names-former-boston-beer-head-as-ceo-sells-majority-stake-to-pe/737595/
- https://drinkspindrift.com/blogs/the-drift/spindrift-gryphon-investors
- https://www.foodmanufacturing.com/capital-investment/news/22931222/sparkling-water-brand-spindrift-acquired-by-investment-firm
- https://www.beveragedaily.com/Article/2026/03/11/spindrift-sparkling-water-on-brand-building-in-better-for-you-drinks/
The company remains founder-led by Bill Creelman.
It is still independently owned/private (with past equity investments from firms like VMG Partners)
Spindrift is headquartered in Newton, Massachusetts
Spindrift makes **sparkling water with real fruit juice**
- https://drinkspindrift.com/collections/sparkling-water
- https://drinkspindrift.com/pages/whats-inside
- https://drinkspindrift.com/
- https://www.mykoshercart.com/products/spindrift-sparkling-water-with-real-squeezed-fruit-variety-pack-12-fl-oz-24-pk
- https://completewaterguide.com/spindrift-sparkling-water-review/
Dave Burwick, former CEO of Boston Beer Company, was appointed as the new CEO
In January 2025, there was a significant corporate change. Gryphon Investors, a San-Francisco based private investment firm, acquired a majority stake in Spindrift Beverage Co., Inc.
This group includes NBA champion Kevin Durant, NFL star DK Metcalf, and gymnast Livvy Dunne, among others.
approximately **105 employees**
Gryphon Investors, a San Francisco-based private investment firm, will acquire a majority stake in the company
founded in 2010
Gryphon Investors, a San-Francisco based private investment firm, acquired a majority stake in Spindrift Beverage Co., Inc.
founded in **2010**
more than 20 flavors of sparkling water, teas and lemonades, hard seltzers, and mocktails
headquartered in Newton, Massachusetts
In August 2025, Spindrift discontinued its Spiked hard seltzer line after four years
- https://www.fooddive.com/news/spindrift-discontinues-spiked-offering-amid-decline-in-hard-seltzers/758434/
- https://www.cstoredive.com/news/spindrift-discontinues-spiked-offering-amid-decline-in-hard-seltzers/758779/
- https://drinkspindrift.com/blogs/the-drift/discontinuing-spindrift-spiked
- https://www.foodmanufacturing.com/consumer-trends/news/22948706/spindrift-to-scrap-hard-seltzer-line
beverage industry veteran Dave Burwick took the helm as the new CEO
The deal was reached after news of a potential sale emerged in December 2024
- https://www.bevnet.com/news/2024/report-spindrift-close-to-650m-sale-to-private-equity/
- https://www.bevnet.com/news/2025/spindrift-agrees-sale-to-pe-firm-gryphon-investments-dave-burwick-named-ceo/
- https://vinepair.com/booze-news/spindrift-private-equity-sale-new-ceo/
- https://app.dealroom.co/news/feed/spindrift-sold-to-gryphon-for-650m
In January 2025, Gryphon Investors, a San Francisco-based private equity firm, acquired a majority stake in Spindrift
in February 2025, Spindrift launched a new line of sodas made with real fruit and no added sugar, offering flavors like Concord Freeze and Orange Cream Float
founded in 2010
Spindrift, the popular sparkling water brand known for its use of real squeezed fruit
- https://drinkspindrift.com/
- https://drinkspindrift.com/collections/sparkling-water
- https://www.amazon.com/Spindrift-Sparkling-Variety-Squeezed-Seltzer/dp/B07FCQKZ4F
- https://www.walmart.com/ip/Spindrift-Sparkling-Water-with-Real-Squeezed-Fruit-Variety-12-Fl-Oz-24-Pack/618680431
- https://www.samsclub.com/p/spindrift-sparkling-water-variety-pack-24-count/prod26040191
founder and then-CEO Bill Creelman transitioned to the role of board chair
Dave Burwick was appointed as the new CEO
Dave Burwick as Spindrift's new CEO
roughly $0.50–$0.80 per can in multipacks
annual sales around **$400 million**
In August 2025, Spindrift discontinued its Spiked hard seltzer line after four years
Spindrift products generally range from about $2.50 to $5 per unit
Dave Burwick became Spindrift's new CEO
the private equity firm Gryphon Investors acquired a majority stake in Spindrift
Burwick joins Spindrift following 35 years of leadership experience
**Founder**: Bill Creelman, a former employee at a small beverage distributor who was frustrated by the lack of truly fruit-forward sparkling waters.
Founder Bill Creelman transitioned to the role of Chair of the Spindrift board
founded in **2010** by **Bill Creelman**
headquartered in **Newton, Massachusetts**
At Walmart, an 8-count of Blood Orange Tangerine was noted to be on rollback for $5.88
Founder and CEO Bill Creelman has moved into the role of Chairman of the Board
President, North America at Weight Watchers
In January 2025, San Francisco-based private investment firm Gryphon Investors acquired a majority stake in Spindrift.
zero added sugar, ~7 calories per can
Product policies around real-fruit ingredients, no artificial flavors, and sustainability commitments have stayed consistent
a 12-can case of tea, can be priced around $17.99
12-pack: $14–$18 (often ~$1.25–$1.50 per can when on sale)
Real fruit juice as a differentiator (vs. many competitors using only flavoring)
the company sold a majority stake to private equity firm Gryphon Investors in January 2025
In August 2025, the company discontinued its "Spindrift Spiked" hard seltzer line
Founder Bill Creelman transitioned to the role of Chairman of the board
Spindrift got acquired by Gryphon Investors on Jan 16, 2025
Spindrift got acquired by Gryphon Investors on Jan 16, 2025
Newton, Mass.
introduction of a "Spindrift Soda" line in 2025
The deal was reached after potential sale news broke in December 2024 and is expected to close in the first quarter of 2025
In February 2025, the company launched "Spindrift Soda," a new line of sodas with no added sugar, sweetened with fruit juice
positions as President and CEO of The Boston Beer Company, President and CEO of Peet's Coffee, and President of North America at Weight Watchers, and previously spent 20 years at PepsiCo
the company holds a D- rating from the Better Business Bureau
His positions included President and CEO of The Boston Beer Company, President and CEO of Peet's Coffee, and President, North America at Weight Watchers
headquartered in Newton, Massachusetts
The hard seltzer has been on shelves since 2021, but was discontinued in 2025.
$15 – $18 per 8-pack
An 8-pack of sparkling water often retails for around $5.99 to $7.99
aiming to become a **$1 billion business**
the appointment of beverage industry veteran Dave Burwick as Spindrift's new CEO
private equity firm Gryphon Investors acquired a majority stake in Spindrift in January 2025
private equity firm Gryphon Investors acquired a majority stake in Spindrift in January 2025
Dave Burwick, with experience at companies like The Boston Beer Company and PepsiCo, was appointed as the new CEO.
In January 2026, Spindrift became the only beverage brand verified as non-ultraprocessed by the Non-GMO Project
founded in 2010 by Bill Creelman
In a significant move in January 2025, private equity firm Gryphon Investors acquired a majority stake in Spindrift.
Spindrift's primary offerings are **sparkling water with real fruit juice**
a 24-can case of sparkling water is available for $26.00
the private equity firm Gryphon Investors acquired a majority stake in Spindrift
Spindrift products typically range from around $2.50 to $10 per package
founder Bill Creelman moving to a new role as Chair of Spindrift's board
In January 2025, private equity firm Gryphon Investors acquired a majority stake in Spindrift.
In January 2025, private equity firm Gryphon Investors acquired a majority stake in Spindrift.
in early 2025, the private equity firm Gryphon Investors acquired a majority stake in Spindrift
In August 2025, Spindrift announced the discontinuation of its Spiked line of hard seltzers
reaching **32 existing flavors** by 2024
The deal, expected to close in Q1 of 2025
35 years of leadership experience
now headquartered in Newton, Massachusetts
Burwick joins with 35 years of leadership experience at global consumer brands
produces sparkling water beverages made with real fruit juice (not from concentrate or artificial flavors), minimal ingredients, and no added sugar
In February 2025, the company introduced Spindrift SODA
**resumed production in 2025**
often costing around **$2+ per can** or $6 for an 8-pack
their Concord Grape Soda recently earned the Best New Soda title in Allrecipes' 2026 Golden Cart Awards
now headquartered in Newton, Massachusetts
**Discontinued** in August 2024 after 4 years
Bill Creelman, the founder, continues to be involved as the board chair
in Charlestown, Massachusetts
Dave Burwick
Dave Burwick, a seasoned beverage industry executive, was appointed as the company's CEO
Single 12-oz can: $1.50–$2.00
As of 2024, Spindrift offers 32 flavors of sparkling water
In January 2025, Gryphon Investors, a San Francisco-based private equity firm, acquired a majority stake in Spindrift
In January 2025, Gryphon Investors, a San Francisco-based private equity firm, acquired a majority stake in Spindrift
Gryphon Investors
resumed selling soda in 2025
Bill Creelman founded the company in 2010
Bill Creelman founded the company in 2010
sold in grocery stores (Whole Foods, Target, etc.), online, and increasingly in food service
Cases (24 cans) are typically $25–$32 at warehouse clubs or online.
Dave Burwick as current CEO
founded by Bill Creelman in 2010
reports from late 2024 suggested a potential valuation of over $650 million
My knowledge was last updated in April 2024
its sales nearly triple since 2020
founded by Bill Creelman in 2010
founded by Bill Creelman in 2010
Dave Burwick, former CEO of Boston Beer Company, was appointed as the new CEO
second-largest sparkling water brand in the US after LaCroix
Bill Creelman, who serves as board chair following a transition in early 2025
Dave Burwick, a seasoned beverage industry executive, was appointed as the company's CEO
In 2017, it ranked No. 385 on Inc. Magazine's list of America's fastest-growing private companies, with a three-year sales growth exceeding 1,119%
private equity firm Gryphon Investors acquired a majority stake in Spindrift
Dave Burwick has been named as the new CEO
In March 2026, the company launched a new line of non-carbonated iced teas
founded 2014 in Massachusetts by Bill and Michelle Creelman
founded 2014 in Massachusetts by Bill and Michelle Creelman
founded 2014 in Massachusetts by Bill and Michelle Creelman
Gryphon's partnership coincides with the appointment of beverage industry veteran Dave Burwick as Spindrift's new CEO.
In August 2025, Spindrift announced the discontinuation of its Spiked line of hard seltzers after four years
In 2023, legal trouble arose after it was discovered that some flavors contain citric acid
The lawsuit was voluntarily dismissed by the plaintiff in March 2023 for undisclosed reasons.
In January 2026, it became the only beverage brand verified as non-ultraprocessed by the Non-GMO Project
No artificial sweeteners in most products
Retail pricing is roughly **$1.50-$2.50 per can**
Spindrift's founder, Bill Creelman, has moved into the role of Chairman of the board
a 12-can case of their new soda line is priced at $25.99
nearly tripled in size since 2020
first sparkling water in the U.S. made with real fruit juice
founded in 2010 by Bill Creelman
reaching **32 existing flavors** as of 2024
single 12 oz can ≈ $1.50–$2.00
founder and then-CEO Bill Creelman transitioned to the role of board chair
Retail placement in Whole Foods, Target, Costco, and independent grocers
founded in 2010 by Bill Creelman
Bill Creelman, the founder, continues to be involved as the board chair
He previously spent 20 years at PepsiCo
over 32 flavors total
Spindrift's founder, Bill Creelman, transitioned to the role of board Chair
They've grown their product line beyond the original sparkling water offerings
sells sparkling water flavored with real fruit juice and pulp, no added sugar, artificial flavors, or sweeteners
founder Bill Creelman transitioned to the role of Chair of the board
beverage industry veteran Dave Burwick took the helm as the new CEO
8-pack: $7–$9
**Fuji Apple** (Aug 2024)
Bill Creelman, moved to a new role as Chair of the Spindrift board
founded by Bill Creelman in 2010
Gryphon Investors, a San Francisco-based private investment firm, acquired a majority stake in the company
a 12-pack of 12-ounce cans is priced between $15 and $20
their main differentiator
Spindrift got acquired by Gryphon Investors on Jan 16, 2025
Dave Burwick, who previously served as CEO of The Boston Beer Company and Peet's Coffee
Spindrift got acquired by Gryphon Investors on Jan 16, 2025.
**Cosnopolitan** (Dec 2024)
founded in 2014 by Bill Creelman
founded in 2014 by Bill Creelman
in Charlestown, Massachusetts
President and CEO of Peet's Coffee
Bill Creelman started Spindrift in Charlestown, Massachusetts
beverage industry veteran Dave Burwick taking the helm as the new CEO
Individual cans are often available for purchase at around $1.50 to $2.00 each
The current CEO is **Dave Burwick**
Bill Creelman, Spindrift's founder and the current CEO, will move to a new role as chair of Spindrift's board.
$650 million
In January 2023, a class-action lawsuit was filed against Spindrift, alleging false advertising.
have reintroduced a soda line in 2025
**Gryphon Investors**, a San Francisco-based private investment firm, acquired a **majority stake** in Spindrift Beverage Co., Inc.
The company was founded in 2010
In July 2025, Spindrift announced a partnership with Patricof Co, bringing on a roster of professional athletes as investors
in early 2025, the private equity firm Gryphon Investors acquired a majority stake in Spindrift
Bill Creelman started Spindrift in Charlestown, Massachusetts
a class action suit was filed against the company for false advertising, though it was voluntarily dismissed by the plaintiff in March 2023
In February 2025, the company launched a new line of sodas
In January 2025, San Francisco-based private investment firm Gryphon Investors acquired a majority stake in Spindrift.
Spindrift launched Spindrift Tea, a line of non-carbonated iced teas made with real brewed tea and real squeezed fruit, which launched in select retailers beginning March 2026
Spindrift founder and current CEO Bill Creelman retain a "significant equity stake" in the company while shifting into a new role as chairman of the board
As of 2024, Spindrift offers 32 flavors of sparkling water
On **Glassdoor**, Spindrift has an employee rating of **3.7 out of 5** based on 31 reviews
sparkling waters and sodas made with real squeezed fruit, without added sweeteners or artificial flavors
the brand shared an update that they would no longer be selling Spiked Spindrift, the alcoholic version of their sparkling water.
$12 – $15 per 8-pack
Taking the helm as the new CEO is beverage industry veteran Dave Burwick
**Headquartered**: Newton, Massachusetts (greater Boston area).
8-pack or 12-pack cases typically $5–$8
Contains fruit juice and natural flavors
Spindrift's Concord Grape Soda earned the Best New Soda title in Allrecipes' 2026 Golden Cart Awards
the sparkling water brand
in early 2025, Spindrift launched a new line of sodas
founded in 2010 by Bill Creelman
In July 2025, Spindrift partnered with Patricof Co to bring a roster of high-profile professional athletes on board as investors.
This group includes NBA champion Kevin Durant, NFL star DK Metcalf, and gymnast Livvy Dunne, among others.
originally discontinued its soda line in 2016
Successfully competing against larger players like LaCroix and plain seltzer brands
the Better Business Bureau (BBB) has assigned Spindrift a D- rating, and the company is not BBB accredited
Spindrift is headquartered in Newton, Massachusetts
Waltham/Charlestown, Massachusetts
about 9–12 are typically in regular retail rotation year-round
Individual cans are also available, with prices in the range of $2.95
20 years at PepsiCo
a 24-can case of sparkling water is approximately $26.00
approximately **105 employees**
my knowledge was last updated in April 2024
Bill Creelman stepped down from the CEO role to become the **Chair of the Spindrift board**
an 8-pack of sparkling water can cost around $5.99 to $7.99
started the company by squeezing real fruit into sparkling water in his kitchen in Charlestown, Massachusetts
Spindrift has reached an agreement for San Francisco-based private investment group Gryphon Investors to acquire a majority stake in the sparkling water brand
President and CEO of The Boston Beer Company
In July 2025, Spindrift partnered with Patricof Co to bring a roster of high-profile professional athletes on board as investors.
A growing cohort with a disclosed method — not a definitive league table. Nothing appears on this Index until an operator reviews the audit by hand. On-demand checks are never auto-published.