Olipop
A can of Olipop Strawberry Vanilla | |
| Type | Private |
|---|---|
| Industry | Beverage |
| Founded | 2018 |
| Founders | Ben Goodwin David Lester |
| Headquarters | Oakland, California (USA) |
| Revenue |
|
| Website | drinkolipop |
Olipop (stylized as OLIPOP) is a prebiotic soft drink produced in the United States. It is sold by over 65,000 retailers nationwide,[1] and the company was valued at $1.85 billion as of February 2025.[2] The drink's marketing claims that it improves gut health.[3]
The brand name is a portmanteau of the prebiotic fiber oligosaccharide ("oli") and "pop", a common U.S. term for a soft drink.[4]
History
[edit]Background
[edit]In 2008, Ben Goodwin began developing a soft drink after leaving a kombucha company.[4] Working with a microbiologist in a makeshift laboratory, Goodwin invested about $300,000 of his own money into the project, resulting in the creation of a probiotic beverage named Obi by 2012.[4] In 2013, Goodwin partnered with David Lester, who had recently resigned from his previous job.[4] The pair operated Obi until 2016, when they sold the brand for an undisclosed amount after it failed to gain traction.[4][5]
Olipop
[edit]In 2018, Goodwin and Lester founded Olipop with an initial investment of $100,000, taken from the sale of Obi. The drink was first released in three flavors: ginger lemon, strawberry vanilla, and cinnamon cola. It was sold in 40 grocery stores in Northern California, generating $852,000 in gross revenue during its first year. The company secured $2.5 million in seed funding in 2019 and later expanded its retail presence to Target and Walmart stores.[4]
A Series B funding round in 2022 raised $39.7 million from investors including Gwyneth Paltrow, Mindy Kaling, and the Jonas Brothers,[4] bringing Olipop's total funding to $55.4 million by January 2023.[6] The company reached $73.4 million in gross revenue in 2022,[4] a 223% annual increase,[7] and achieved $100 million in gross revenue in the first half of 2023.[4] In 2023, sales of Olipop's root beer flavor surpassed those of A&W.[6][7][8] In 2025, the company raised $50 million in a Series C funding round, valuing the company at $1.85 billion, by which time the brand had achieved profitability and expanded its distribution to over 50,000 stores.[9]
In 2022, Olipop created a banana cream flavor branded with Minions characters.[10] Olipop expanded from 12 flavors in April 2023 to 16 in April 2024.[6] Olipop collaborated with Mattel in 2024 to create a peaches and cream flavor themed around Barbie.[11] The flavor Pineapple Paradise was released in 2025 in a cross-marketing campaign for The SpongeBob Movie: Search for SquarePants.[12] In 2026, Olipop expanded into products other than beverages, partnering with Grüns to release Strawberry Vanilla Superfoods Greens Gummies[13] and launching a line of flavor-themed lip balms.[14]
Operations
[edit]As of August 2025[update], Olipop has approximately 373 employees.[15] The workforce is remote.[4] Olipop offers a subscription that sends customers a box of drinks every few weeks.[16] Olipop is only available in the United States and in a limited capacity in Canada. Potential markets include Asia and Australia.[4]
Flavors
[edit]Olipop has developed a variety of flavors:
- Citrus Rush (Lemon-Lime-Orange) (formerly Ridge Rush)
- Vintage Cola
- Peaches & Cream
- Classic Root Beer
- Cream Soda
- Classic Grape
- Crisp Apple
- Ginger Ale
- Strawberry Vanilla
- Cherry Cola
- Orange Squeeze
- Lemon Lime
- Ginger Lemon
- Doctor Goodwin
- Watermelon Lime
- Banana Cream
- Cherry Vanilla
- Tropical Punch
- Orange Cream
- Pineapple Paradise
- Shirley Temple
- Blackberry Vanilla
- Raspberry Sherbet
Its drinks require refrigeration. Olipop introduced shelf-stable versions of its product in 2024.[17] This shelf-stable line features a revised version of the company’s "proprietary" OLISMART fiber mix, replacing Chicory Root Inulin and Jerusalem Artichoke Inulin with Acacia Fiber and Guar Fiber for a roughly 30% reduction in fiber.[18]
See also
[edit]References
[edit]- ↑ "Where Can You Buy OLIPOP? How to Find OLIPOP in the Wild". OLIPOP. Retrieved March 4, 2026.
- ↑ Jackson, Ashton (September 25, 2025). "Olipop CEO: If I had to start over in my career, I'd prioritize this skillset above all others—it's not AI". CNBC. Retrieved March 4, 2026.
- ↑ Amenabar, Teddy; O'Connor, Anahad (April 3, 2023). "Prebiotic sodas claim to boost your health. Experts are skeptical". The Washington Post. Archived from the original on August 9, 2023. Retrieved December 26, 2023.
- 1 2 3 4 5 6 7 8 9 10 11 Smith, Morgan; Shamo, Lauren (September 16, 2023). "How Olipop's founders turned a $100,000 investment into a 'healthier' soda brand bringing in $20 million a month". CNBC. Archived from the original on November 22, 2023. Retrieved November 24, 2023.
- ↑ Kirol, Payton (December 18, 2023). "Olipop's 38-year-old founder reveals his daily routine". Fortune Well. Archived from the original on December 26, 2023. Retrieved December 26, 2023.
- 1 2 3 Lucas, Amelia (April 29, 2023). "Prebiotic soda Olipop approaches $200 million in annual sales — and CEO says Coca-Cola and PepsiCo have already come knocking". CNBC. Archived from the original on January 3, 2024. Retrieved January 3, 2024.
- 1 2 Kilmister, Angel (March 8, 2023). "OLIPOP's Prebiotic Root Beer Is Now More Popular Than A&W". Vice. Archived from the original on January 3, 2024. Retrieved January 3, 2024.
- ↑ Gillen, Katherine (February 23, 2023). "The Best-Selling Root Beer in America Is Designed to Improve Your Gut Health". PureWow. Retrieved September 17, 2026.
- ↑ Shanker, Deena (February 12, 2025). "Olipop Valued at $1.85 Billion in $50 Million Funding Round". Bloomberg. Retrieved February 15, 2025.
- ↑ "OLIPOP Announces Partnership With Illumination's Minions; Launches Limited-Edition Banana Cream Flavor". BevNET.com. June 7, 2022. Retrieved February 15, 2025.
- ↑ Castrodale, Jelisa (May 2, 2024). "Olipop Released a Barbie-Inspired Soda, and It's Reportedly Outselling Eggs". Food & Wine. Archived from the original on September 17, 2025. Retrieved September 17, 2026.
- ↑ SpongeBob Pineapple Paradise
- ↑ Ostertag, Elizabeth (April 22, 2026). "Gruns and Olipop Team Up on Limited-Edition Strawberry Vanilla Greens Gummies". Athletech News.
- ↑ "flavored ceramide lip blur balm". cocokind. February 17, 2026. Retrieved June 17, 2026.
{{cite web}}: CS1 maint: url-status (link) - ↑ "OLIPOP PBC Employee Directory, Headcount & Staff | LeadIQ". leadiq.com. Retrieved September 23, 2025.
- ↑ Rosmarin, Remi; Chen, Connie; Brains, James (December 13, 2023). "The 57 best subscription boxes you can gift in 2023". Business Insider. Archived from the original on January 3, 2024. Retrieved January 3, 2024.
- ↑ "A Message From Our CEO: Introducing New Shelf-Stable OLIPOP". OLIPOP. Retrieved February 15, 2025.
- ↑ "What Is OLISMART? Get To Know the Ingredients in OLIPOP". OLIPOP. Retrieved October 6, 2025.