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March 11, 2026
Acquisitions & M&A

Poppi founder on TikTok, Super Bowl ads, and her return to Shark Tank

Overview

In a TechCrunch Equity video, Poppi co-founder Allison Ellsworth explains how she turned a kitchen experiment into a $1.95 billion PepsiCo acquisition. She covers pitching on Shark Tank, going viral on TikTok, buying a last-minute Super Bowl ad, and returning to Shark Tank as a guest investor. The piece sets Poppi against long-standing venture skepticism toward beverage startups.

Key Takeaways

  • Poppi is a prebiotic soda brand that grew from a kitchen experiment into a $1.95 billion acquisition by PepsiCo.
  • Co-founder Allison Ellsworth pitched the brand on Shark Tank while nine months pregnant.
  • The brand went viral on TikTok as part of a new wave of functional soda companies.
  • Ellsworth and her team bought a last-minute Super Bowl ad.
  • She has returned to Shark Tank as a guest Shark and investor.

Stats & Key Facts

  • #Poppi was acquired by PepsiCo for $1.95 billion

The video and guest

The conversation airs as a TechCrunch Equity video.

  • ›Poppi co-founder Allison Ellsworth breaks down the brand's journey.
  • ›The discussion covers building a beverage startup in a venture world dominated by SaaS and AI.
  • ›The piece is dated March 11, 2026.

The article notes that venture capitalists have long been skeptical of beverage startups, citing thin margins and brutal distribution. A new wave of functional soda companies, including Poppi, has been challenging that assumption.

From kitchen experiment to acquisition

  • ›Poppi grew from a kitchen experiment into a category-defining consumer brand.
  • ›The brand reached a $1.95 billion acquisition by PepsiCo.
  • ›Ellsworth describes what it takes to build such a brand.

The video promises a breakdown of how Ellsworth scaled the brand and what she looks for now that she is back on Shark Tank as an investor.

Shark Tank and viral marketing

  • ›Ellsworth pitched on Shark Tank while nine months pregnant.
  • ›The brand went viral on TikTok.
  • ›The team bought a last-minute Super Bowl ad.

The piece frames social media and fast marketing decisions as central to how Poppi built recognition and a loyal following.

Returning as an investor

  • ›Ellsworth returns as a guest Shark herself.
  • ›The video covers what she looks for in founders.
  • ›She now sits on the investor side of the pitch.

Ellsworth returns as a guest Shark herself, and the video covers what she looks for in founders now that she sits on the investor side of the pitch.

Where to watch

  • ›Equity is available on YouTube, Apple Podcasts, Overcast and Spotify.
  • ›Viewers can subscribe across these platforms.
  • ›Equity can be followed on X and Threads at @EquityPod.

The article directs viewers to subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and other platforms, and to follow Equity on X and Threads at @EquityPod.

Frequently Asked Questions

What is Poppi?

Poppi is a prebiotic soda brand, part of a wave of functional soda companies, that grew from a kitchen experiment into a category-defining brand.

How much did PepsiCo pay for Poppi?

PepsiCo acquired Poppi for $1.95 billion.

How did Poppi go viral?

The brand went viral on TikTok, and the team also bought a last-minute Super Bowl ad.

Did Ellsworth appear on Shark Tank?

Yes. She pitched on Shark Tank while nine months pregnant and has since returned as a guest Shark and investor.

Where can I watch the episode?

It is available on the Equity channels, including YouTube, Apple Podcasts, Overcast and Spotify.

The video traces Poppi's rise from a home experiment to a $1.95 billion PepsiCo deal and Ellsworth's move to the investor side.

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Originally published by TechCrunch M&A
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