About OLIPOP
OLIPOP is a company based in Oakland (United States) founded in 2017 by David Lester and Ben Goodwin.. OLIPOP has raised $233.54 million across 5 funding rounds from investors including J P Morgan, Platinum Mile Ventures and Monogram Capital Partners. The company has 162 employees as of December 31, 2024. OLIPOP offers products and services including OLIPOP Sodas, Subscription Service, and Gift Cards. OLIPOP operates in a competitive market with competitors including Culture Pop Soda, Celzo, Longevity Soda, Bayjoo and Soov, among others.
- Headquarter Oakland, United States
- Employees 162 as on 31 Dec, 2024
- Founders David Lester, Ben Goodwin
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Sectors
ConsumerRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Olipop, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$233.54 M (USD)
in 5 rounds
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Latest Funding Round
$187.9 M (USD), Series C
Dec 19, 2024
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Investors
J P Morgan
& 40 more
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Employee Count
162
as on Dec 31, 2024
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Products & Services of OLIPOP
OLIPOP offers a comprehensive portfolio of products and services, including OLIPOP Sodas, Subscription Service, and Gift Cards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Low-sugar, high-fiber drinks supporting digestive health through prebiotics.
Regular flavored soda deliveries with discounts for ongoing health needs.
Digital cards for purchasing healthy soda alternatives online.
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Funding Insights of OLIPOP
OLIPOP has successfully raised a total of $233.54M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $187.9 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $187.9M
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First Round
First Round
(10 Sep 2018)
- Investors Count 41
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series C - OLIPOP | Valuation | J P Morgan |
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| Feb, 2022 | Amount | Series B - OLIPOP | Valuation | Monogram Capital Partners | |
| Jan, 2020 | Amount | Series A - OLIPOP | Valuation | Terpsi Capital , Dohler Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OLIPOP
OLIPOP has secured backing from 41 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include J P Morgan, Platinum Mile Ventures and Monogram Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment services are provided for disruptive global businesses.
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Founded Year | Domain | Location | |
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PE firm invests in the US
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Founded Year | Domain | Location | |
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Venture capital funding is provided for consumer wellness brands.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OLIPOP
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OLIPOP
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Olipop Comparisons
Competitors of OLIPOP
OLIPOP operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Culture Pop Soda, Celzo, Longevity Soda, Bayjoo and Soov, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Carbonated water is offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Provider of carbonated, vitamin-infused agua fresca made from natural ingredients
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| domain | founded_year | HQ Location |
Produces organic, sugar-free herbal sodas with immune-boosting ingredients for consumers.
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| domain | founded_year | HQ Location |
Bayjoo produces and sells sugar-free mauby bark drinks with organic herbs and spices online.
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| domain | founded_year | HQ Location |
Creates low-sugar sparkling ginger beverages with real ingredients for digestive support.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Olipop
Frequently Asked Questions about OLIPOP
When was OLIPOP founded?
OLIPOP was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is OLIPOP located?
OLIPOP is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Who is the current CEO of OLIPOP?
Ben Goodwin is the current CEO of OLIPOP. They have also founded this company.
Is OLIPOP a funded company?
OLIPOP is a funded company, having raised a total of $233.54M across 5 funding rounds to date. The company's 1st funding round was a Series A of $13.04M, raised on Sep 10, 2018.
How many employees does OLIPOP have?
As of Dec 31, 2024, the latest employee count at OLIPOP is 162.
What does OLIPOP do?
OLIPOP was founded in 2017 and is headquartered in Oakland, United States. The company operates in the health and wellness sector as an online brand. Probiotic beverages are formulated with organic ingredients in flavors including cherry cola, cream soda, and strawberry vanilla. These drinks are designed to support gut microbiome and digestive health. Distribution occurs primarily through e-commerce channels.
Who are the top competitors of OLIPOP?
OLIPOP's top competitors include Culture Pop Soda, Celzo and Longevity Soda.
What products or services does OLIPOP offer?
OLIPOP offers OLIPOP Sodas, Subscription Service, and Gift Cards.
Who are OLIPOP's investors?
OLIPOP has 41 investors. Key investors include J P Morgan, Platinum Mile Ventures, Monogram Capital Partners, Priyanka Chopra Jonas, and Nick Jonas.