Poppi (formerly Mother)

Shark Tank founder · Season 10

Stephen Ellsworth

Co-founder of Poppi

On the show
S10 · Ep 8
Result
Deal · $400K
Company today
Acquired

Who is Stephen Ellsworth?

Stephen Ellsworth co-founded Poppi with his wife, Allison Ellsworth. The two met in Utah and were both working in the oil and gas industry when Allison began making an apple cider vinegar soda at home. After a Whole Foods buyer spotted the drink, then sold as Mother, at a Dallas farmers market in 2016, the couple quit their jobs to build the company. They pitched on Shark Tank in 2018 (Season 10) and took a $400,000 investment from guest shark Rohan Oza, who pushed them toward a full rebrand.

Stephen ran operations, product development and finance as the company relaunched as Poppi in 2020. He led a digital-first, direct-to-consumer push during the pandemic lockdowns and the brand's Super Bowl advertising. Revenue was reported above $500 million by 2024, and PepsiCo agreed to buy Poppi for $1.95 billion in March 2025, closing the deal that May. Stephen now works as an advisor.

Sources (4)
  1. mastersofscale.com/people/stephen-ellsworth/
  2. atxwoman.com/2023/12/01/allison-ellsworth-poppi-power/
  3. en.wikipedia.org/wiki/Poppi_(drink)
  4. pepsico.com/en/newsroom/press-releases/2025/pepsico-to-acquire-poppi

Written from published interviews, company announcements and news coverage. How we research · Suggest a correction

The Shark Tank deal

Video: How The Founder Of Poppi Turned Her Pitch Into Billions | Back To The Tank | Shark Tank Global · Shark Tank Global on YouTube

Allison and Stephen Ellsworth from TX pitched Poppi (formerly Mother) in Shark Tank Season 10, Episode 8 (aired Dec 9, 2018). They asked for $400,000 in exchange for 10% equity, valuing the business at $4M. The entrepreneurs walked away with a deal from Rohan Oza: $400,000 for 25%. That put the final valuation at $1.6M, 60% below what they originally asked for.

✅ The on-air deal closed after due diligence.

Poppi (formerly Mother) update, prices & reviews →

Frequently asked questions

What is Stephen Ellsworth doing now?

After PepsiCo's acquisition of Poppi closed in May 2025, he moved into an advisory role.

What was Stephen Ellsworth's role at Poppi?

He oversaw operations, product innovation and finance, while Allison Ellsworth led creative and brand marketing.

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