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 166 active competitors, including 21 funded and 22 that have exited. Its top competitors include companies like Recess, Dash Water 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
Last Known Valuation
$***** as on Dec 09, 2018
Investors
Ranked
5th among 166 active competitors
Employee Count
1,045 as on Sep 30, 2026
Exit Details
Acquired by PepsiCo (Mar 17, 2025)
Poppi's acquisition details
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 | 6737904 | Series B | 6626134 | 9303414 | 5224940 | 8028552 |
Aug 30, 2021 | 4712511 | Series B | 9017957 | 3186465 |
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Poppi's founders and board of directors
Founder? Claim ProfileThe founders of Poppi is Pooja Shah Baheti.
Here are the details of Poppi's key team members:
- Pooja Shah Baheti: Co-Founder of Poppi.
View details of Poppi's Founder profiles and Board Members
Poppi's employee count trend
Poppi has 1,045 employees as of Sep 26. Here is Poppi's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Recess 2018, New York City (United States), Series B | Calm, cool, collected functional beverages for relaxation and focus | $57.7M | 62/100 | |
2nd | Dash Water 2017, London (United Kingdom), Series A | Brand of carbonated water | $23.2M | 60/100 | |
3rd |  Fever-Tree 2003, New York City (United States), Public | Brand of soda | $71.6M | 57/100 | |
4th |  Waterloo Sparkling 2017, Austin (United States), Acquired | Manufactures and supplier of aromatic water | $7.18M | 57/100 | |
5th |  Poppi 2015, Dallas (United States), Acquired | Brand of flavoured soda | $40M | 55/100 | |
6th | Brand of sparkling drinks for kids | - | - | 46/100 | |
7th | Yerbae 2017, Scottsdale (United States), Acquired | Provider of sparkling water processing services | $5M | 44/100 | |
8th | Brand of flavoured water | $6M | 44/100 | ||
9th | _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 | 42/100 | |
10th | Hellowater 2017, Chicago (United States), Seed | Manufacturer & brand of packaged water | $2.83M | 42/100 |
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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
Filter this listMedia has covered Poppi for a total of 2 events in the last 1 year, 1 of them has been about people movement.
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Stephen Ellsworth, Co-Founder of Poppi, Joins DropOut Companies as Operating PartnerPR Newswire•Dec 08, 2025•Poppi
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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
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Pepsi Introduces Prebiotic Cola After Poppi AcquisitionBitcoin Ethereum News•Jul 22, 2025•PepsiCo, Poppi
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PepsiCo Launches New Prebiotic Cola After Poppi Acquisitionrealnewshub.com•Jul 22, 2025•PepsiCo, Poppi
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PepsiCo completes nearly $2 billion purchase of PoppiThe Business Journals•May 20, 2025•PepsiCo, Poppi
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PepsiCo acquires Poppi for $1.95 billion.Food Marketing and Technology•Mar 25, 2025•Poppi, PepsiCo, pepsi.com
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Poppi AI Announces "Magic Cube" at 3.18 Conference with 18 New Features|Technology|TechsinaSina•Mar 23, 2025•Poppi
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PepsiCo to acquire soda brand Poppi for nearly US$2 billionThe Business Times•Mar 18, 2025•PepsiCo, Poppi
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