Olipop Announces $30M Series B Funding Round With Investments From Camila Cabello, Priyanka Chopra Jonas, Nick Jonas, Joe Jonas, Kevin Jonas, Mindy Kaling, Logic, Gwyneth Paltrow, And More
Amount Raised
$30 Million
Round Type
Series B
OaklandOtherFood And BeverageDescription
Functional soda brand OLIPOP today announced the completion of its $30 million Series B funding round led by Monogram Capital Partners with celebrity investors Camila Cabello, Priyanka Chopra Jonas, Nick Jonas, Joe Jonas, Kevin Jonas, Mindy Kaling, Logic, and Gwyneth Paltrow. Also contributing to the funding round were Raj and Indra Nooyi (Former CEO, PepsiCo), Anjula Acharia (Founder, A-Series Management & Investments), Payal Kadakia (Founder, ClassPass), Moj Mahdara (Serial Investor & Co-Founder, Beautycon), Paul Klein (lead singer of pop band LANY) and returning early investor Rocana Venture Partners. This funding round values the three-year-old brand at $200 million and marks a significant milestone in their journey to usher in the next era of soda. OLIPOP anticipates achieving a $100 million run-rate by the end of 2022.
Quick answer
OLIPOP raised $30 Million in a Series B round, dated February 1, 2022. OLIPOP is based in Oakland, California, United States.
- How much did OLIPOP raise?
- OLIPOP raised $30 Million in a Series B round on February 1, 2022.
- What does OLIPOP do?
- OLIPOP was founded in 2017 by Ben Goodwin and David Lester.
- Where is OLIPOP based and how big is it?
- OLIPOP is based in Oakland, California, United States. Fundz records about 193 employees.
- Who are the decision-makers at OLIPOP?
- Fundz holds 1 contact at OLIPOP, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food And Beverage around the same time
Companies in the same sectors as OLIPOP that raised within 45 days of this round, from Fundz verified event records.
- Wandering Bear raised $5M on March 17, 2022.
- Reed’s raised $5.4M on March 16, 2022.
- Cleveland Kitchen raised $17M on March 11, 2022.
- Farmshelf Corp raised $5.8M on March 10, 2022.
- Health & Technologies Inc raised $500K (Seed) on March 7, 2022.
- CIMG Inc. raised $427K (Seed) on March 3, 2022.
Who to call at OLIPOP, and when
A new round usually means OLIPOP is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day OLIPOP raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at OLIPOP, from your own LinkedIn network
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Funding Insights
What this usually meansOLIPOP raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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