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Poppi - About the company

Poppi is an acquired company based in Dallas (United States), founded in 2015 by Pooja Shah Baheti. It operates as a Brand of flavoured soda. Poppi has raised $40M in funding from CAVU Consumer Partners, with last known valuation of $*****. The company has 165 active competitors, including 21 funded and 22 that have exited. Its top competitors include companies like Recess, Dash Water and Fever-Tree.

Company Details

Email ID
*****@drinkpoppi.com
Key Metrics
Founded Year
2015
Location
Dallas, United States
Stage
Acquired
Total Funding
$40M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 09, 2018
Ranked
Employee Count
1,028 as on Aug 31, 2026
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 $*****.
Click here to take a look at Poppi's acquisition in detail
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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 6 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
9413339
Series B
8248546
4952265
3202623
8140313
Aug 30, 2021
5257710
Series B
9515721
7195314
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Poppi's founders and board of directors

Founder? Claim Profile
The founders of Poppi is Pooja Shah Baheti.
Here are the details of Poppi's key team members:

Poppi's employee count trend

Poppi has 1,028 employees as of Aug 26. Here is Poppi's employee count trend over the years:
Employee count trend for Poppi
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Poppi's Competitors and alternates

Top competitors of Poppi include Recess, Dash Water and Fever-Tree. Here is the list of Top 10 competitors of Poppi, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Recess
Recess
2018, New York City (United States), Series B
Calm, cool, collected functional beverages for relaxation and focus
$57.7M
62/100
2nd
Logo for Dash Water
Dash Water
2017, London (United Kingdom), Series A
Brand of carbonated water
$23.2M
60/100
3rd
Logo for Fever-Tree
Fever-Tree
2003, New York City (United States), Public
Brand of soda
$71.6M
57/100
4th
Logo for Waterloo Sparkling
Waterloo Sparkling
2017, Austin (United States), Acquired
Manufactures and supplier of aromatic water
$7.18M
57/100
5th
Logo for Yerbae
Yerbae
2017, Scottsdale (United States), Acquired
Provider of sparkling water processing services
$5M
54/100
6th
Logo for Poppi
Poppi
2015, Dallas (United States), Acquired
Brand of flavoured soda
$40M
52/100
7th
Logo for A. Le Coq
A. Le Coq
1807, Tartu (Estonia), Acquired
Brand of sparkling drinks for kids
-
-
46/100
8th
Logo for Spindrift
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
42/100
9th
Logo for Hellowater
Hellowater
2017, Chicago (United States), Seed
Manufacturer & brand of packaged water
$2.83M
41/100
10th
Logo for AQUA Carpatica
AQUA Carpatica
2016, Wilmette (United States), Seed
Brand of water
-
40/100
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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

lockFilter this list
Media has covered Poppi for a total of 3 events in the last 1 year, 1 of them has been about partnerships and 1 about people movement.
PepsiCo acquires Poppi for $1.95 billion.Food Marketing and TechnologyMar 25, 2025Poppi, PepsiCo,
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