Olipop, a leading prebiotic soda brand, has successfully raised $50 million in its latest funding round, achieving a valuation of $1.85 billion amid significant consumer interest in health-focused beverages.

Target Information

Olipop, a prebiotic soda brand founded in 2018, has emerged as a leading player in the rapidly expanding prebiotic beverage market. Recently valued at $1.85 billion following a $50 million funding round, the company has gained traction among consumers for its health-focused claims, particularly regarding gut health. The brand's innovative approach combines traditional soda flavors with functional health benefits, appealing to a diverse consumer base.

Since its inception, Olipop has made significant strides in the beverage industry, contributing to the growth of the nonalcoholic market segment. It has managed to capture a large share of soda drinkers seeking healthier alternatives, with notable success among younger demographics such as Gen Z, where about one in four consumers reports drinking Olipop regularly.

Industry Overview

The beverage industry in the United States has seen a remarkable shift toward healthier options, with prebiotic sodas gaining popularity alongside other functional beverages. In recent years, health-conscious consumer trends have been at the forefront, driving brands like O

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J.P. Morgan Private Capital's Growth Equity Partners

invested in

Olipop

in 2023

in a Other deal

Disclosed details

Transaction Size: $50M

Revenue: $400M

Enterprise Value: $1,850M

Equity Value: $1,850M


Multiples

EV/Revenue: 4.6x

P/Revenue: 4.6x

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