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The Ryl Company closes $20 million Series C led by Purchase Capital to accelerate growth in the 'Modern Tea' category.

PRIVATEJun 02, 2026•2 months ago

Amount Raised

$20 Million

Round Type

Series C

MorristownManufacturingFood And Beverage

Investors

Purchase Capital

Description

The Ryl Company has secured $20 million in a Series C funding round led by Purchase Capital. This funding will support the company's growth initiatives, including DSD expansion and innovation pipeline development. Ryl Tea has experienced 157% growth year-over-year. The emerging 'Modern Tea' category is gaining traction in the beverage market.

Company Information

Company

The Ryl Company

Location

Morristown, New Jersey, United States

About

The Ryl Company™ is redefining hydration with Ryl Tea—a refreshing, flavorful, and functional ready-to-drink tea with zero sugar, 5 calories or less, and nothing artificial. Powered by clean ingredients and a focus on functionality, Ryl Tea offers a new standard for better-for-you beverages that deliver on both taste and health. Our mission is simple: to help you Rethink Your Liquids (RYL) by creating delicious, clean, and functional drinks that fit seamlessly into your active lifestyle. Available nationwide, Ryl Tea is making hydration healthier, tastier, and more convenient than ever.

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