
The Ryl Company, a beverage products company, raised $15M in Series B Funding.
Backers included Feuerstein, Wallen, Get Engaged Media’s Cam Fordham, Alex Dermer, Ben Hiott, Austin Neal of Sticks Management and Seth England of Big Loud Records.
The company intends to use the funds to expand its national footprint, increasing distribution to over 40,000 stores by the end of 2025, and hire across operations, marketing, sales and product development.
Founded in 2022 by Blodin Ukella and Morgan Wallen, The Ryl Company provides zero-sugar iced tea made with no artificial ingredients and 5 calories or less. It is available in a range of flavors, including Peach, Southern Sweet, Raspberry, Half & Half, Green Citrus and more.
Key retail distribution includes chains like Walmart, Kroger, Albertsons, Costco, Publix, HEB, Meijer, 7-Eleven and other regional and national retailers.
This round followed a $7.5M Series A in early 2024, bringing total funding to $30M in growth equity.