
Poppi
Founded Year
2015Stage
Acquired | AcquiredTotal Raised
$38.9MValuation
$0000Revenue
$0000About Poppi
Poppi focuses on producing soda alternatives within the beverage industry. The company offers a range of flavored carbonated drinks for cravings without the guilt typically associated with traditional sodas. Poppi's products are targeted towards consumers looking for healthier beverage options. Poppi was formerly known as Mother Beverage. It was founded in 2015 and is based in Austin, Texas. In March 2025, Poppi was acquired by PepsiCo.95B.
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Research containing Poppi
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Poppi in 1 CB Insights research brief, most recently on Mar 26, 2025.

Mar 26, 2025
Nvidia’s next big bet? Physical AIExpert Collections containing Poppi
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Poppi is included in 2 Expert Collections, including Food & Beverage .
Food & Beverage
3,609 items
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
Wellness Tech
1,370 items
We define wellness tech as companies developing technology to help consumers improve their physical, mental, and social well-being. Companies in this collection play across a wide range of categories, including food and beverage, fitness, personal care, and corporate wellness.
Latest Poppi News
Oct 30, 2025
Founded in 2018, Recess develops functional beverages and supplements positioned to help people “feel calm and balanced”. Its portfolio includes three ranges: Mood, featuring magnesium L-threonate and adaptogen sparkling waters and powders; Zero Proof Craft Mocktails, described as functional, cocktail-inspired non-alcoholic options; and its original sparkling waters infused with hemp and adaptogens. Recess products are sold at chains including Target, Kroger and Whole Foods Market. GlobalData Strategic Intelligence US Tariffs are shifting - will you react or anticipate? Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis. By GlobalData The financing was led by Cavu Consumer Partners, with additional backing from Rocana, Midnight Ventures, Torch Capital, Doehler Ventures, KAS Venture Partners, Vanquish and Craig Kallman. Witte said: “We are now entering a fundamentally new chapter of the Recess journey and I am incredibly excited to partner with Kyle and the Cavu team to set the Recess business up for accelerated growth, and to positively impact people on a much larger scale.” Among Cavu’s previous investments in the US drinks sector is US prebiotic soda brand Poppi, which was acquired by Pepsi for $1.95bn in March. Jared Jacobs, partner at Cavu Consumer Partners, said: “There’s a $25bn-plus energy drink market in the US built on stimulation, and we believe there needs to be a counterweight built on relaxation. Recess is the restorative alternative consumers are seeking, providing functional beverages that put mental wellness and balance first.” Brett Thomas, co-founder and managing partner at Cavu Consumer Partners, added: “We believe relaxation is the next frontier and resonates deeply with today’s overstimulated generations.” Thomas, who has over 25 years of experience in the beverage sector, spent more than a decade at Coca-Cola. He joined Nutrabolt in 2021. Commenting on his appointment, Thomas said: “My immediate focus will be building organisational capability and capacity along with the right commercial systems to scale Recess into the next iconic modern beverage company.” Just Drinks Excellence Awards - The Benefits of Entering Gain the recognition you deserve! The Just Drinks Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving beverage industry advancements. Don’t miss your chance to stand out—submit your entry today!
Poppi Frequently Asked Questions (FAQ)
When was Poppi founded?
Poppi was founded in 2015.
Where is Poppi's headquarters?
Poppi's headquarters is located at 31 Navasota Street, Austin.
What is Poppi's latest funding round?
Poppi's latest funding round is Acquired.
How much did Poppi raise?
Poppi raised a total of $38.9M.
Who are the investors of Poppi?
Investors of Poppi include PepsiCo, Austin Post, CAVU Consumer Partners, Ellie Goulding, Noah Beck and 20 more.
Who are Poppi's competitors?
Competitors of Poppi include Culture Pop Soda and 8 more.
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Compare Poppi to Competitors

The Switch Beverage Company produces fruit-flavored beverages within the beverage industry. The company offers non-carbonated, sugar-free drinks that include vitamins and target the school sector for providing drink options. It was founded in 2001 and is based in Darien, Connecticut. The Switch Beverage Company operates as a subsidiary of Apple & Eve.
BloxSnacks is a company that creates snacks and beverages for children, operating within the consumer packaged goods industry. Their offerings include FruitBlox, bite-sized snacks made with fruit juice, and JuiceBlox, a line of fruit juices, both in collaboration with YouTube creators. These products cater to the children's snack and beverage market. It was founded in 2022 and is based in Austin, Texas.

Juicy Juice produces fruit-based beverages within the beverage industry. The company offers a range of 100% juices, organic options, and lower sugar varieties. Juicy Juice caters to the children's drink market, providing products that do not contain added sugar or artificial sweeteners. It is based in Glendale, California.
Fanta is a brand that specializes in the production of fruit-flavored sodas within the beverage industry. The company offers a range of carbonated drinks that provide a variety of fruit tastes. These beverages are primarily marketed to consumers seeking flavored soft drink options. It was founded in 1892 and is based in Atlanta, Georgia.

hellowater provides a functional beverage brand within the beverage industry. The company offers flavored water infused with fiber, which is designed to be calorie-free. Its products are for individuals hydration without added sugars. hellowater was formerly known as Hello Beverages. It was founded in 2017 and is based in Chicago, Illinois.

Refresco is a beverage solutions provider in the beverage manufacturing industry. The company produces a variety of products, including 100% fruit juices, carbonated soft drinks, and mineral waters, using different packaging options like carton, PET, Aseptic PET, cans, and glass. Refresco works on improving product quality and packaging in response to consumer and market demands. It was founded in 1999 and is based in Rotterdam, Netherlands.
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