OLIPOP - About the company
OLIPOP is a series C company based in Oakland (United States), founded in 2017 by David Lester and Ben Goodwin. It operates as an Online brand offering organic drinks for health and wellness. OLIPOP has raised $243M in funding from investors like Monogram Capital Partners, J P Morgan and Dohler Ventures, with a current valuation of $1.85B. The company has 10 active competitors, including 2 that are funded. Its top competitors include companies like Culture Pop Soda, Masbymessi Company and Longevity Soda.
Sectors and market segments that OLIPOP operate in
OLIPOP serves in the Food and Agriculture Tech, Food and Agriculture, Consumer Goods market segments.The primary business model of OLIPOP are:Company Details
Online brand offering organic drinks for health and wellness. The company develops probiotic drinks formulated with different flavors such as cherry cola, cream soda, and strawberry vanila, and more providing support to digestive health and the gut microbiome.
- Website
- drinkolipop.com
- Email ID
- *****@drinkolipop.com
- Phone Number
- +1 **********
- Registered Address
- 1670 Alhambra Lane, Oakland, CA, 94611
Key Metrics
Founded Year
2017
Location
Oakland, United States
Stage
Series C
Total Funding
$243M in 5 rounds
Latest Funding Round
Post Money Valuation
$1.85B as on Dec 19, 2024
Investors
Ranked
1st among 10 active competitors
Employee Count
195 as on Mar 31, 2025
Similar Companies
Legal entities associated with OLIPOP
OLIPOP is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Olipop, Inc. CIN: 82-3721740 , United States, Active | Dec 10, 2017 | - | 195 (As on Mar 31, 2025) | - |
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OLIPOP's funding and investors
OLIPOP has raised a total funding of $243M over 5 rounds. Its first funding round was on Sep 10, 2018. Its latest funding round was a Series C round on Dec 19, 2024 for $188M. 1 investor participated in its latest round. OLIPOP has 24 institutional investors and 32 angel investors.
Here is the list of recent funding rounds of OLIPOP:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 19, 2024 | $188M | Series C | $1.85B | - | - | |
Oct 13, 2021 | $39.8M | Series B | $200M | - | Platinum Mile Ventures, Priyanka Chopra Jonas, Nick Jonas, Kevin Jonas, Mindy Kaling, Gwyneth Paltrow, Indra Nooyi, Paul Klein, Moj Mahdara, Rocana Ventures, Logic, Joe Jonas, Anjula Acharia, Sharath Raj, Lavinia Errico, Camila Cabello, Payal Kadakia, John Rigos, Brandon Shainfeld, Marianna Hewitt, Keri Shahid, Michael Lynton, Adam Eskin, Patrick Schwarzenegger, Philip Rosenthal, JJ Redick, Roger Gold, Rupert Lincoln, Nick Tran, DeAndre Hopkins, Jay Livingston, Lauren Gores, Devon Lévesque, Melitas Ventures | |
Jan 24, 2020 | $13M | Series A | $800M | - |
View details of OLIPOP's funding rounds and investors
OLIPOP's founders and board of directors
Founder? Claim ProfileHere are the details of OLIPOP's key team members:
- David Lester: Co-Founder of OLIPOP and founder of 2 other companies, Lucena Capital and OLIPOP. They serve on the boards of 2 companies.Contact Info: 2 email addresses
- Ben Goodwin: Co-Founder & CEO of OLIPOP and founder of 1 other company. Contact Info: 1 email address
OLIPOP's Board of Directors
OLIPOP's board has 10 active members. David Lester, Jared Stein, Patrick Finn, Charles Goodwin, Christopher Dawe, DAVID MATTHEW LESTER, MELVIN LANDIS, CHARLES BENNETT GOODWIN, Tracy Hart and CHARLES BENNET GOODWIN are independent board members.Here is the list of OLIPOP's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 2m | |
Independent board member | - | Current | 4y 1m | |
Independent board member | - | Current | 6y 2m | |
Independent board member | - | Current | 6y 2m | |
Independent board member | - | Current | 1y 1m | |
Independent board member | - | Current | 7y 5m | |
Independent board member | - | Current | 1y 1m | |
Independent board member | - | Current | 4y 1m | |
Independent board member | - | Current | 1y 1m | |
Independent board member | - | Current | 7y 5m |
View details of OLIPOP's Founder profiles and Board Members
OLIPOP's employee count trend
OLIPOP has 195 employees as of Mar 25. The total employee count is 68.0% more than what it was in Mar 24. Here is OLIPOP's employee count trend over the years:
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OLIPOP's Competitors and alternates
Top competitors of OLIPOP include Culture Pop Soda, Masbymessi Company and Longevity Soda. Here is the list of Top 10 competitors of OLIPOP, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | OLIPOP 2017, Oakland (United States), Series C | Online brand offering organic drinks for health and wellness | $243M | 68/100 | |
2nd | Culture Pop Soda 2020, Cambridge (United States), Series B | Internet-first brand offering carbonated water | $36.2M | 47/100 | |
3rd | ![]() Masbymessi Company 2024, Chicago (United States), Unfunded | Manufacturer of positive hydration beverages | - | - | 34/100 |
4th | Longevity Soda 2018, Walnut (United States), Unfunded | Internet first brand offering organic carbonated drinks | - | - | 24/100 |
5th | Bayjoo 2021, Brooklyn (United States), Unfunded | Beverage company offering a sugar-free alternative mabí made with spices, herbs, and flowers | - | - | 22/100 |
6th | Real Sugar Soda 2009, Dallas (United States), Unfunded | Producer of craft sodas and beverages | - | - | 19/100 |
7th | Soov 2019, Burlingame (United States), Unfunded | Internet first brand of organic carbonated drinks | - | - | 17/100 |
8th | Frutitas 2011, Chicago (United States), Unfunded | Manufacturer of fruit-infused flavored water beverages | - | - | 16/100 |
9th | Athon Energy 2020, Miami (United States), Unfunded | Internet first brand of sparkling drinks | - | - | 16/100 |
10th | Celzo 2022, Austin (United States), Funding Raised | Provider of carbonated, vitamin-infused agua fresca made from natural ingredients | - | 16/100 |
Looking for more details on OLIPOP's competitors? Click here to see the top ones
OLIPOP's Investments and acquisitions
OLIPOP has made no investments or acquisitions yet.
Reports related to OLIPOP
Here is the latest report on OLIPOP's sector:
News related to OLIPOP
Media has covered OLIPOP for a total of 5 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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Black Rock Coffee Bar Partners with OLIPOP to Launch “Dirty Pop”GlobeNewswire•Feb 27, 2026•OLIPOP, Black Rock Coffee Bar
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GoalVest Completes First Close of Venture Growth Fund II Targeting $50 MillionGlobeNewswire•Aug 13, 2025•OLIPOP, CoreWeave, Anduril, GoalVest Advisory
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Olipop targets young men with SpongeBob flavor and Roblox experience.MarketingDive•Aug 07, 2025•OLIPOP
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Better-For-You Boom? Olipop Scores $50M InvestmentAthletech News•Feb 14, 2025•OLIPOP, J.P. Morgan Asset Management, J P Morgan
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Olipop prebiotic soda valued at $1.85 billion in funding roundBitcoin Ethereum News•Feb 12, 2025•OLIPOP, J P Morgan, J.P. Morgan Asset Management, Gibson Dunn
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One Trick Pony Secures Seed Round From Collaborative FundNOSH•Nov 06, 2024•Collab Fund, One Trick Pony Nuts, Sweetgreen, Blue Bottle Coffee and 1 other
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