About Poppi
Poppi is a company based in Dallas (United States) founded in 2015 by Pooja Shah Baheti and Allison Ellsworth was acquired by PepsiCo in March 2025.. Poppi has raised $38.5 million across 2 funding rounds from investors including PepsiCo, CAVU Consumer Partners and Russell Westbrook. Poppi offers products and services including Alpine Blast, Cream Soda, Strawberry Lemon, Orange, and Doc Pop. Poppi operates in a competitive market with competitors including Waterloo Sparkling, Spindrift, Aura Bora, Yerbae and Dash Water, among others.
- Headquarter Dallas, United States
- Founders Pooja Shah Baheti, Allison Ellsworth
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Products & Services of Poppi
Poppi offers a comprehensive portfolio of products and services, including Alpine Blast, Cream Soda, Strawberry Lemon, Orange, and Doc Pop. 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.
Refreshing soda flavor designed for online purchase and consumption.
Classic soda option for everyday refreshment.
Fruit-infused soda for a tangy taste experience.
Citrus-flavored soda suitable for various occasions.
Unique soda blend for health-conscious consumers.
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Sales and Marketing
12 people
Leadership Team
9 people
Creative and Marketing Team
6 people
Senior Team
6 people
Product Management Team
6 people
Finance and Accounting
5 people
Software Development Team
5 people
Human Resources and Administration
4 people
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Funding Insights of Poppi
Poppi has successfully raised a total of $38.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in December 2022. 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 2
- Last Round Series B — $25.0M
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First Round
First Round
(30 Aug 2021)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2022 | Amount | Series B - Poppi | Valuation | CAVU Consumer Partners |
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| Aug, 2021 | Amount | Series B - Poppi | Valuation | CAVU Consumer Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Poppi
Poppi has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include PepsiCo, CAVU Consumer Partners and Russell Westbrook. 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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Investments in consumer brands are made through VC and PE.
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Electronic music is produced and performed by The Chainsmokers duo.
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Music by 24kGoldn is provided through various streaming platforms.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Poppi
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Poppi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Poppi Comparisons
Competitors of Poppi
Poppi 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 Waterloo Sparkling, Spindrift, Aura Bora, Yerbae and Dash Water, 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 |
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Aromatic waters are manufactured and supplied in multiple flavors.
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Unsweetened sparkling waters are produced with real squeezed fruit.
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Brand of sparkling water
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Sparkling water processing services are provided by Yerbae since 2017.
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Fruit-infused sparkling water is produced and distributed by Dash Water.
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| domain | founded_year | HQ Location |
Brand of flavored sparkling water
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Poppi
Frequently Asked Questions about Poppi
When was Poppi founded?
Poppi was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is Poppi located?
Poppi is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Is Poppi a funded company?
Poppi is a funded company, having raised a total of $38.5M across 2 funding rounds to date. The company's 1st funding round was a Series B of $13.5M, raised on Aug 30, 2021.
What does Poppi do?
Poppi was founded in 2015 in Dallas, United States, by co-founders Pooja Shah Baheti and Allison Ellsworth. The company operates within the beverage industry, focusing on the creation and sale of flavoured sodas. Products are marketed through the domain drinkpoppi.com, with distribution centered in the United States. Operations emphasize low-sugar alternatives in the carbonated drink sector, serving consumers via retail and online channels.
Who are the top competitors of Poppi?
Poppi's top competitors include Waterloo Sparkling, Spindrift and Yerbae.
What products or services does Poppi offer?
Poppi offers Alpine Blast, Cream Soda, Strawberry Lemon, Orange, and Doc Pop.
Who are Poppi's investors?
Poppi has 17 investors. Key investors include PepsiCo, CAVU Consumer Partners, Russell Westbrook, THE CHAINSMOKERS, and 24kGoldn.