$1.85B Valuation 65,000+ Retailers $400M Revenue 2024 23 Flavors Profitable Since 2024 450 Employees Outsells Coke at Select Stores 9g Prebiotic Fiber $1.85B Valuation 65,000+ Retailers $400M Revenue 2024 23 Flavors Profitable Since 2024 450 Employees Outsells Coke at Select Stores 9g Prebiotic Fiber
OLIPOP Logo
Prebiotic Soda Company

OLIPOP

The soda that feeds your gut, not your guilt

$1.85B
Valuation
$400M+
2024 Revenue
65K+
Retailers
2018
Founded

Walk into a Target in Des Moines, a Whole Foods in Brooklyn, or a Walmart in suburban Houston. Find the soda aisle. There, between the familiar red and blue cans that have dominated American refrigerators for a century, you will see something that did not exist seven years ago: colorful cans of OLIPOP, outselling both Coca-Cola and Pepsi in single-serve formats. The revolution, it turns out, tastes like root beer.

This is not a story about health food finding its niche. This is a story about a $100,000 bet that became a $1.85 billion company by refusing to accept that soda had to be bad for you. OLIPOP did not ask consumers to give up the fizzy drinks they loved. It asked them a different question: what if the thing you are already drinking could actually feed the trillions of microorganisms keeping you alive?

The Problem Nobody Wanted to Solve

Americans drink roughly 38 gallons of soda per person each year. The beverage industry knows this. They also know that gut health has become a $65 billion global market. For decades, these two facts existed in separate universes. Health-conscious consumers drank kombucha and felt virtuous. Everyone else drank Sprite and felt guilty. The functional beverage industry assumed this was simply how things worked.

Ben Goodwin saw it differently. A food scientist who had spent years studying the microbiome, Goodwin understood something that marketing departments missed: people do not actually want to feel guilty about what they drink. They want permission to enjoy themselves. The problem was not that Americans loved soda. The problem was that no one had figured out how to make soda love them back.

"At the time, people all around me were telling me not to make a healthier soda. But I felt really passionately about it. You have to believe in yourself and your idea to make it happen."
- Ben Goodwin, Co-Founder & CEO

The Founders' Bet

Ben Goodwin and David Lester met in a coffee shop in 2013, two people who had already failed together once. Their first venture, a probiotic drink called Obi, consumed $300,000 of Goodwin's personal savings and years of his life working in a makeshift lab with a microbiologist. Obi failed. The market was not ready. Or maybe Obi was not ready for the market.

When they sold Obi in 2016 for an undisclosed amount, most people would have moved on. Goodwin and Lester took $100,000 from the sale and started over. This time, they would not try to convince people to drink something new. They would give people the thing they already wanted - a cola, a root beer, a cream soda - and make it work for their bodies instead of against them.

OLIPOP launched in 2018 with a formula called OLISMART: a proprietary blend of cassava root, chicory root, Jerusalem artichoke, nopal cactus, calendula flower, kudzu root, and marshmallow root. Each can delivers 6 to 9 grams of prebiotic fiber. For context, most Americans consume about 15 grams of fiber per day. A single OLIPOP provides up to 60% of that shortfall in 12 delicious ounces.

Ben Goodwin

Co-Founder & CEO

David Lester

Co-Founder & President

The Product That Changed Everything

The name itself tells you what you need to know. OLI comes from oligosaccharide, the scientific term for the prebiotic fibers that feed beneficial gut bacteria. POP is just pop - the Midwestern word for soda that carries decades of nostalgic weight. Science meets comfort. Function meets fun.

OLIPOP launched with a handful of flavors and a mission statement that read like a manifesto: "Feed Life." The phrase captures the company's three-part philosophy. First, recognize that humans are essentially vessels for trillions of microscopic organisms. Second, commit to updating formulations as microbiome science evolves. Third, reject the false choice between pleasure and health. As the company puts it: "Life is too short not to enjoy it, and too long to spoil it."

"Between passion and technical acumen, passion always wins out. If you have enough real passion, you'll typically learn the acumen."
- Ben Goodwin, on hiring philosophy

The product lineup has grown to 23 flavors, each one engineered to trigger the same nostalgia as classic sodas while delivering genuine digestive benefits. Vintage Cola. Classic Root Beer. Cream Soda. Cherry Vanilla. Doctor Goodwin (yes, named after the founder). The flavors read like a menu from a 1950s diner, which is entirely the point. OLIPOP does not want you to feel like you are drinking medicine. It wants you to feel like you are thirteen years old at a summer barbecue.

The OLIPOP Journey

2013
Goodwin and Lester meet in a coffee shop, beginning their partnership
2016
Sell Obi, their first probiotic drink venture, after it fails to gain traction
2018
Launch OLIPOP with $100K from Obi sale. First year revenue: $852,000
2019
Raise $2.5M seed round, begin national expansion
2022
$39.7M Series B with celebrity investors. Target national launch. Revenue hits $73.4M
2024
Achieve profitability. Revenue reaches $400-450M. Available in 65,000+ stores
2025
$50M Series C at $1.85B valuation. Described as "final anticipated equity round"

Revenue Growth: From Startup to Scale

2018
$852K
2022
$73.4M
2023 H1
$100M
2024
$400M+

That's 470x growth in six years. Your gut bacteria are impressed.

The Proof Is in the Numbers

First year: $852,000 in revenue, sold in 40 stores across Northern California. By 2022: $73.4 million, a 223% year-over-year increase. First half of 2023: $100 million in gross revenue. Full year 2024: somewhere between $400 and $450 million, with the company achieving profitability for the first time.

The investor list reads like a who's-who of people who understand both celebrity and business: Gwyneth Paltrow, Mindy Kaling, the Jonas Brothers, and - perhaps most tellingly - Indra Nooyi, the former CEO of PepsiCo. When the person who used to run your biggest competitor puts money into your company, you are doing something right.

OLIPOP's February 2025 Series C brought in $50 million from J.P. Morgan Private Capital's Growth Equity Partners, valuing the company at $1.85 billion. That is up from $200 million just three years earlier. The company described this round as its "final anticipated round of equity financing" - the kind of statement you can only make when you no longer need outside money to grow.

Market Position

Fastest Growing Non-Alcoholic Brand

OLIPOP claims the top spot in the US by both dollar sales and unit growth. They've overtaken Coke and Pepsi in single-serve sales at select grocers.

Scientific Foundation

Global Advisory Board

Researchers from Purdue, Baylor College of Medicine, University of Minnesota, and University of Nottingham guide product development.

Brand Partnerships

Pop Culture Meets Pop

Minions, Barbie, SpongeBob collaborations. Official beverage partner of the L.A. Clippers' Intuit Dome and two professional soccer teams.

Corporate Structure

B Lab Certified PBC

Public Benefit Corporation status means profit is not the only metric. The company is legally bound to consider impact on workers, community, and environment.

The Mission: Feed Life

OLIPOP's philosophy centers on a simple biological fact that most people forget: you are not just you. Your body hosts approximately 38 trillion bacteria, most of them in your gut. These microorganisms influence everything from digestion to mood to immune function. When you eat, you are feeding them. The question is whether you are feeding them well.

The "Feed Life" mission extends beyond individual health. OLIPOP operates as a B Lab-certified Public Benefit Corporation, a legal structure that requires the company to consider its impact on workers, community, and environment alongside shareholder returns. The remote-first workforce of approximately 450 employees receives benefits including fertility coverage - not because it is trendy, but because the company believes healthy employees build healthy products.

"Things that have been really important for me have been believing in myself, emotional regulation, things like storytelling, getting as good as possible at leading people as quickly as possible."
- Ben Goodwin, on leadership

Why It Matters Tomorrow

Coca-Cola launched Simply Pop in February 2025. PepsiCo bought Poppi for $1.95 billion after OLIPOP declined acquisition offers. The giants have noticed. When hundred-year-old beverage empires start copying your homework, you have changed the conversation.

OLIPOP faces challenges. A December 2025 class action lawsuit questions whether 6 to 9 grams of fiber per can provides "meaningful digestive health benefits." The company's competitor Poppi settled a similar suit for $8.9 million. The functional beverage industry is learning that health claims invite scrutiny, and regulators are paying attention.

But the trajectory seems clear. The prebiotic soda market barely existed when OLIPOP launched. Now it is a battlefield where the world's largest beverage companies are fighting for position. OLIPOP controls roughly 60% of the functional soda category. The founders who failed with Obi, who were told not to make healthy soda, who started with $100,000 and a conviction that people deserved better - they built something that Coca-Cola and Pepsi now feel compelled to imitate.

Back to the Soda Aisle

Walk into that Target again. The Whole Foods. The Walmart. The soda aisle looks different now than it did a decade ago. Between the legacy brands that have defined American refreshment for generations, there are new colors, new promises, new possibilities. A can of OLIPOP sits there like an answer to a question most people did not know they were asking: what if I could enjoy this without the guilt?

Ben Goodwin spent $300,000 and years of his life on a probiotic drink that failed. Then he spent $100,000 and built something worth $1.85 billion. The difference was not the science - he understood gut health before it was fashionable. The difference was understanding people. We do not want to be told to stop drinking soda. We want soda that does not make us choose between pleasure and health.

OLIPOP gave us that choice. Or rather, it took the choice away entirely. Now we can have both. The revolution tastes like root beer, and it is just getting started.

23 Flavors of Gut-Friendly Goodness

Vintage Cola Classic Root Beer Cream Soda Cherry Cola Strawberry Vanilla Orange Squeeze Ginger Ale Classic Grape Crisp Apple Lemon Lime Doctor Goodwin Cherry Vanilla Tropical Punch Orange Cream Peaches & Cream Watermelon Lime Banana Cream Blackberry Vanilla Pineapple Paradise Raspberry Sherbet Shirley Temple Ginger Lemon Citrus Rush

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