PepsiCo Acquired Poppi for $1.95 Billion as Prebiotic Soda Topped $500 Million Revenue
Updated
Updated · AOL · Nov 5
PepsiCo Acquired Poppi for $1.95 Billion as Prebiotic Soda Topped $500 Million Revenue
3 articles · Updated · AOL · Nov 5
Summary
$1.95 billion bought PepsiCo the fast-growing Poppi brand in March 2025, giving the drinks giant a bigger foothold in healthier soda alternatives.
More than $500 million in 2024 revenue helped make Poppi an attractive target as consumers shifted away from traditional soft drinks.
Poppi began in Allison Ellsworth's Texas kitchen as an apple-cider-vinegar soda, first selling out at the Dallas Farmers Market before landing on Whole Foods shelves.
A $400,000 Shark Tank investment from Rohan Oza in 2018 helped rebrand Mother Beverage as Poppi and expand distribution, with pandemic-era demand later lifting sales.
The deal also delivered a wider payoff: Ellsworth said PepsiCo's scale could take Poppi global, while employee equity holders used proceeds for milestones such as buying homes.