Olipop Valued at $1.85 Billion in $50 Million Funding Round

Olipop Inc., the high-fiber, lower-sugar soda startup, raised $50 million in a Series C funding round at a valuation of $1.85 billion.

Chief Executive Officer Ben Goodwin said the company is in a healthy financial position, but is raising money to expand product development, marketing and distribution. The round was led by JP Morgan Private Capital’s Growth Equity Partners.

“We’re fully profitable while still maintaining incredible triple digit growth,” he said. Looking forward to the rest of 2025, the company expects high double digit percentage growth.

Cans of Olipop during the Food Network New York City Wine & Food Festival.

Photographer: Rob Kim/Getty Images

Last year, the company fell short of the $500 million in sales it ...