Olipop raised $50 million in a Series C funding round led by J.P. Morgan Private Capital's Growth Equity Partners to expand its product lineup and marketing efforts.

Feb 13, 2025•7 months ago

Amount Raised

$50 Million

Round Type

series c

OaklandFood And Beverage

Investors

J.P. Morgan Private Capital

Description

Prebiotic soda brand Olipop announced a valuation of $1.85 billion following its latest funding round, in which it raised $50 million. The funds will be utilized to enhance its product offerings and broaden distribution.

Company Information

Company

OLIPOP

Location

360 Grand Avenue, #259

Oakland, California, United States

About

OLIPOP was founded in 2017 by Ben Goodwin and David Lester. Ben and David have been working together for nearly a decade to find accessible solutions to bring the benefits of digestive health to as many consumers as possible. OLIPOP is a deliciously refreshing tonic that is crafted with prebiotics, botanicals and natural plant fiber to support your microbiome and benefit digestive health. We're on a mission to provide an affordable, delicious alternative to soda that delivers leading edge health benefits to mainstream consumers.

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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