Texas woman turned homemade soda into Poppi; PepsiCo later bought it for $1.95bn
Allison Ellsworth started making homemade soda in Texas to address digestive issues, eventually selling it at farmers' markets. Poppi, her brand, generated over $500 million in annual revenue after appearing on Shark Tank. In 2025, PepsiCo acquired Poppi for $1.95 billion, marking a significant milestone in the beverage industry.