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POPPI
Poppi
Beverages · United States · Founded · 2016

Poppi Company Profile

Acquired

Poppi has been acquired by PepsiCo sweet. No standalone ticker exists for the company.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Poppi at a glance
Last valuation
Raised across rounds
$2B
4 rounds
Nearest Canborsa market
SP500—
SP500-PERP · live
Poppi
Valuation history

Poppi valuation history

1 valuation. The latest, $1.9B implied, was set by the Strategic investment in May 2025.

Latest valuation
$1.9Bimplied
Set by the Strategic investment · 19 May 2025
Valuations
1
Priced rounds with a valuation
Event type
Primary round
The Strategic investment · $1.9B raised
Undated: Seed at —.
Funding history

Poppi funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series A
Aug 2021
$13.5M
—
CAVU Venture Partners
—
Series B
Dec 2022
$25M
—
CAVU Consumer Partners
—
Strategic investment
May 2025
$1.9B
$1.9B
PepsiCo
—
Seed
—
$400K
—
Rohan Oza
—
Poppi · investors

Investors

RRohan OzaLEADPPepsiCoLEADCCAVU Consumer PartnersLEADCCAVU Venture PartnersLEAD
Is Poppi public?
Founded
2016
Aug 2021
Series A
May 2025
Strategic investment · $1.9B
IPO
Acquired
No longer independent.
Poppi at a glance
Total raised$2B
Lead investors
Rohan OzaPepsiCoCAVU Consumer PartnersCAVU Venture Partners
IPO statusAcquired
Founded · HQ2016 · United States
About Poppi

Poppi is an American prebiotic soda brand known for its gut healthy approach to carbonated beverages, based in Houston, Texas. The company started as Mother Beverage, founded by husband and wife Allison and Stephen Ellsworth, then rebranded to poppi in 2020 to attract a younger audience. Its lineup spans flavors such as cherry cola, cream soda and strawberry lemon, each formulated with fruit juice and prebiotics.

Launched in 2018, poppi sells low sugar sodas at 35 calories or less per can and grew into more than 120 retailers within a few years. In 2025 PepsiCo announced it would acquire poppi for $1.95 billion, bringing the brand into its beverage portfolio.

The money screen · ranked by accessibility

How to get Poppi exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Poppi.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Poppi availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Poppi included.

No account needed

Poppi stock — frequently asked questions

Is Poppi publicly traded?›

No. Poppi was acquired by PepsiCo sweet; its shares do not trade independently.

Who are Poppi's competitors?›

The closest beverages peers are on the competitors page.

How can I get exposure to Poppi?›

The routes section explains what is realistically available for a company at this stage.

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