Poppi - About the company
Poppi is an acquired company based in Dallas (United States), founded in 2015 by Allison Ellsworth and Pooja Shah Baheti. It operates as a Brand of flavoured soda. Poppi has raised $40M in funding from CAVU Consumer Partners. The company has 160 active competitors, including 20 funded and 22 that have exited. Its top competitors include companies like Waterloo Sparkling, Recess and Fever-Tree.
Company Details
- Website
- drinkpoppi.com
- Email ID
- *****@drinkpoppi.com
Key Metrics
Founded Year
2015
Location
Dallas, United States
Stage
Acquired
Total Funding
$40M in 2 rounds
Latest Funding Round
Investors
Ranked
7th among 160 active competitors
Employee Count
91 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by PepsiCo (Mar 17, 2025)
Poppi's acquisition details
Poppi got acquired by PepsiCo on Mar 17, 2025 at an acquisition amount of $1.95B. It was facilitated by Centerview Partners, J P Morgan, Cravath and 3 more.
Click here to take a look at Poppi's acquisition in detail
Sign up to download Poppi's company profile
Poppi's funding and investors
Poppi has raised a total funding of $40M over 2 rounds. Its first funding round was on Aug 30, 2021. Its latest funding round was a Series B round on Dec 13, 2022 for $*****. 1 investor participated in its latest round. Poppi has 4 institutional investors and 13 angel investors.
Here is the list of recent funding rounds of Poppi:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 13, 2022 | 4778900 | Series B | 3261769 | 4925437 | 9597077 | 5580970 |
Aug 30, 2021 | 1386283 | Series B | 8396129 | 5814083 |
Access funding benchmarks and valuations. Sign up today!View details of Poppi's funding rounds and investors
Poppi's founders and board of directors
Founder? Claim ProfileThe founders of Poppi are Allison Ellsworth and Pooja Shah Baheti.
Here are the details of Poppi's key team members:
- Allison Ellsworth: Co-Founder / Chief Brand Officer of Poppi.
- Pooja Shah Baheti: Co-Founder of Poppi.
View details of Poppi's Founder profiles and Board Members
Poppi's employee count trend
Poppi has 91 employees as of Jul 24. Here is Poppi's employee count trend over the years:
Uncover Poppi's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Poppi's Competitors and alternates
Top competitors of Poppi include Waterloo Sparkling, Recess and Fever-Tree. Here is the list of Top 10 competitors of Poppi, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Waterloo Sparkling 2017, Austin (United States), Acquired | Manufactures and supplier of aromatic water | $7.18M | 61/100 | |
2nd |  Recess 2018, New York City (United States), Series B | Calm, cool, collected functional beverages for relaxation and focus | $57.7M | 61/100 | |
3rd |  Fever-Tree 2003, New York City (United States), Public | Brand of soda | $71.6M | 60/100 | |
4th | Dash Water 2017, London (United Kingdom), Series A | Brand of carbonated water | $23.2M | 57/100 | |
5th | _1583925937726.jpeg?devicePixelRatio=2&height=30&width=30){kind=logo} Spindrift 2010, Newton (United States), Acquired | Provider of a beverage company that produces a range of unsweetened sparkling waters made with real, squeezed fruit, offering a unique and refreshing beverage option for consumers | $75.7M | 57/100 | |
6th | Yerbae 2017, Scottsdale (United States), Acquired | Provider of sparkling water processing services | $5M | 54/100 | |
7th |  Poppi 2015, Dallas (United States), Acquired | Brand of flavoured soda | $40M | 52/100 | |
8th | Brand of sparkling drinks for kids | - | - | 50/100 | |
9th | Hellowater 2017, Chicago (United States), Seed | Manufacturer & brand of packaged water | $2.83M | 42/100 | |
10th |  Sanzo 2018, Long Island City (United States), Series A | Brand of flavored sparkling water | $16.3M | 40/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Poppi's competitors? Click here to see the top ones
Poppi's Investments and acquisitions
Poppi has made no investments or acquisitions yet.
Reports related to Poppi
Here is the latest report on Poppi's sector:
News related to Poppi
Filter this listMedia has covered Poppi for a total of 7 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
•
Stephen Ellsworth, Co-Founder of Poppi, Joins DropOut Companies as Operating PartnerPR Newswire•Dec 08, 2025•Poppi
•
Recess Secures $30M in Series B Funding Led by CAVU and Announces New President & Co-CEOBusiness Wire•Oct 30, 2025•CAVU, Recess, CAVU Consumer Partners, Midnight Venture Partners and 6 others
•
•
Pepsi Introduces Prebiotic Cola After Poppi Acquisitionbitcoinethereumnews.com•Jul 22, 2025•PepsiCo, Poppi
•
PepsiCo Launches New Prebiotic Cola After Poppi Acquisitionrealnewshub.com•Jul 22, 2025•PepsiCo, Poppi
•
•
PepsiCo completes nearly $2 billion purchase of PoppiThe Business Journals•May 20, 2025•PepsiCo, Poppi
•
•
•
PepsiCo to acquire soda brand Poppi for nearly US$2 billionThe Business Times•Mar 18, 2025•PepsiCo, Poppi
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Poppi
Explore our recently published companies
- Lens Circle - San Diego based, 2009 founded, Unfunded company
- Vitalitemw - 2023 founded, Funding Raised company
- Elite Insurance Agency - Kill Devil Hills based, 2017 founded, Unfunded company
- Dumac - Funding Raised company
- Bayelsa Watch - Fryeburg based, 2021 founded, Unfunded company
- Pioneer Group - Reading based, 2009 founded, Acquired company
