COMPANY INFO
Olipop, Inc. is an American beverage company founded in 2018 by Ben Goodwin and David Lester. The company has over 100 employees and is headquartered in Oakland, California. Olipop operates in the beverage industry, specializing in prebiotic sodas that promote gut health by combining plant fiber and botanicals. Their products offer a healthier alternative to traditional sugary sodas, targeting health-conscious consumers. The official website is drinkolipop.com.
OLIPOP Inc. is an innovative American beverage company founded in 2017 by Ben Goodwin and David Lester. Headquartered in Oakland, California, with a team of over 100 employees, OLIPOP operates in the beverage industry, specializing in prebiotic sodas formulated to promote gut health through a blend of plant fibers and botanicals. Their mission is to offer a healthier and tastier alternative to traditional sugary sodas, catering to health-conscious consumers seeking functional and delicious drink options.
Over the years, OLIPOP Inc. funding has grown steadily, with the company raising a total of $95.6 million across five rounds. The company’s funding journey includes seed investments, Series A, B, and C rounds, each marking significant milestones in OLIPOP’s expansion—from product development and market introduction to nationwide scaling and category leadership. OLIPOP’s funding strategy has involved attracting both venture capital firms and prominent investors, allowing it to rapidly broaden its distribution, expand its product lineup, and invest in marketing to cement its position within the functional beverage space.
This latest Series C round was aimed at further expanding OLIPOP’s product lineup, strengthening marketing efforts, and accelerating distribution growth. With a reported valuation of $1.85B, this round marks OLIPOP’s transformation into a major player in the health-focused beverage sector.
The Series B round provided OLIPOP with crucial capital to scale operations and expand its market reach. The funds supported initiatives in production, distribution, and brand awareness.
The Series A funding round was directed towards accelerating product development and promoting market expansion. This investment allowed OLIPOP to enhance its prebiotic soda offerings and grow its footprint within the competitive beverage market.
This seed round enabled OLIPOP to fund its early growth, support initial product development, and lay the groundwork for a national launch.
The first seed funding supported OLIPOP’s initial product launch and early operational efforts.
J P Morgan led the Series C investment and played a pivotal role in enabling OLIPOP’s expansion and strategic initiatives, fueling the company’s growth at a significant valuation.
Platinum Mile Ventures contributed as a lead investor in the Series B round, supporting OLIPOP’s scaling efforts and broader market reach.
Monogram Capital Partners has been a leading OLIPOP investor from the early seed rounds through Series A and B, backing the company’s development, growth, and innovation strategy.
Rocana Ventures joined as a key investor in the Series A round, providing capital and strategic guidance during OLIPOP’s crucial early growth phase.
Celebrity investor Gwyneth Paltrow participated in OLIPOP’s fundraising efforts, leveraging her influence and network to further OLIPOP’s branding and market visibility.
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