Poppi logo

Poppi

Austin, TX Consumer Goods & Services Acquired

Poppi is a prebiotic soda brand made with prebiotics, fruit juice, and apple cider vinegar. The brand offers low-calorie, low-sugar functional sodas designed for gut health, with no more than 5 grams of sugar per serving and 35 calories or less. Founded by husband-and-wife entrepreneurs Stephen and Allison Ellsworth in Austin, Texas, Poppi gained significant traction through community-focused branding, viral social media campaigns, and influencer partnerships, particularly engaging Gen Z and millennial audiences.

Acquired

Poppi has been acquired

Acquired by PepsiCo May 19, 2025 $1.95B

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2015

Total Funding

$39.01M

4 rounds

Latest Valuation

$0.02B

2022

Funding

Total raised $39.01M across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Angel SPV

Date

2020

Amount

$105K

Valuation

$0.02B

Lead Investors

The Angel Group
DateRoundAmount RaisedValuationLead Investors
2022 Series B $25M CAVU Consumer Partners
2021 Series A $13.5M CAVU Consumer Partners
2020 Angel SPV $105K $0.02B The Angel Group

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 5x 10x 20x 2018 2019 2020 Poppi

Entry · Shark Tank / Seed

$0.0B

Jan 2018

Poppi today

$0.0B

Jan 2020 · latest mark

Poppi multiple

13.7x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Prominent Investors

CAVU Consumer Partners

Leadership

  • Allison Ellsworth

    Co-Founder, CEO

    LinkedIn
  • Stephen Ellsworth

    Co-Founder

    LinkedIn

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • OliPop

    Prebiotic soda brand with functional beverages containing up to 9 grams of prebiotic fiber per can, derived from kudzu root extract, chicory root inulin, and Jerusalem artichoke inulin.

  • Simply Pop

    Coca-Cola's prebiotic soda launched to compete with Poppi and OliPop, containing 6 grams of prebiotic fiber, vitamin C, and zinc for immune support.

  • Coca-Cola Company

    Major multinational beverage company entering the prebiotic soda market through Simply Pop launch, leveraging significant distribution and brand power.

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