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Stephen Ellsworth

Stephen Ellsworth is an entrepreneur in the U.S. beverage industry. He co-founded Mother Beverage, later renamed Poppi, with his wife, Allison EllsworthAllison EllsworthAllison Ellsworth is an entrepreneur in the U.S. beverage and consumer-brand industry. She co-founded Poppi with her husband, Stephen Ellsworth, and led its brand strategy and creative work. After beginning at farmers’ markets and securing investment on Shark Tank, the company was acquired by PepsiCo in 2025. She later returned to the program as a guest investor.Open the full entry. As a former CEO and chief product officer, he worked on product development and expansion. After PepsiCo acquired Poppi in 2025, he discussed advisory work and plans for another venture.

Contents19 sections
Key facts

Education and Early Professional Background

Ellsworth’s public professional profile lists the University of Utah. His career included serving as chief operating officer of Mother Beverage and later as chief executive of Poppi.⁠[1]

Co-founding Mother Beverage with Allison

He co-founded Mother Beverage, later renamed Poppi, with his wife, Allison Ellsworth, initially selling through farmers’ markets.⁠[2]

Winning New Beverage Showdown

Mother Beverage won BevNET’s 12th New Beverage Showdown, receiving $10,000 in cash and prizes. Ellsworth said they planned to improve small-batch production equipment and bottling efficiency.⁠[3]

Early Entrepreneurship: Trying In-house Manufacturing

He and Allison established a production facility but later closed it. In a Taste Radio interview, they reflected on that experiment and how early mistakes shaped subsequent expansion decisions.⁠[4]

Securing Shark Tank Investment

The couple pitched Mother Beverage on Shark Tank and secured $400,000 from Rohan Oza for a 25% stake.⁠[5]

Launching Poppi in Cans

The business relaunched as Poppi in brightly colored cans, replacing glass bottles and targeting a broader soda audience. A December industry interview identified Stephen as CEO and explained that Mother’s trademark difficulties and weak shelf visibility had prompted the change.⁠[6]

Funding Inventory and Team Growth

Poppi raised $13.5 million in a round led by CAVU Ventures. The founders said funding would support inventory and hiring, including securing aluminum cans amid supply constraints. The team had grown from two to 50 people in about 18 months.⁠[7]

Discussing the Shift from CEO to Product Leadership

When Taste Radio interviewed the couple again, the host identified Stephen’s transition from CEO to chief product officer, with Allison leading brand work and Chris Hall serving as CEO. The division allowed the founders to concentrate more on their respective strengths.⁠[8]

First Super Bowl Commercial

Poppi ran its first Super Bowl commercial in 2024, marking a national advertising milestone in its expansion.⁠[2]

PepsiCo Completes the Poppi Acquisition

PepsiCo completed its acquisition of Poppi for $1.95 billion, including $300 million in anticipated cash tax benefits, giving a $1.65 billion net purchase price. This corporate value does not establish Ellsworth’s personal proceeds or net worth.⁠[9]

EY Consumer Products and Retail Award

He and Allison received the Consumer Products and Retail category award in EY’s U.S. Entrepreneur Of The Year 2025 program, a national category honor rather than the overall award.⁠[10][11]

School of Hard Knocks Interview

School of Hard Knocks published a 56-minute interview with him and Allison, covering entrepreneurial risk, product validation, brand expansion and building a business as a married couple.⁠[12]

Poppi Settlement and Judgment

Consumers sued Poppi operator VNGR Beverage, LLC over gut-health marketing; the company denied the allegations. The court approved an $8.9 million settlement on April 14 and entered judgment on June 15, retaining enforcement jurisdiction. The documents do not find Ellsworth personally liable.⁠[13][14][15]

Reflecting on Life After the Acquisition

On Masters of Scale, he recalled difficulty adjusting after losing the daily focus of leading a team and solving problems. The couple said they remained advisers and were developing another beverage, whose name had not been announced.⁠[16]

Discussing Product Development and Scaling

He appeared on episode 347 of Fitt Insider to discuss learning from farmers’ market feedback, the differences between starting and scaling a business, and life after a sale. Consumer experience was a central theme in the episode description.⁠[17]

Discussing Training and Daily Habits

In a Wellworthy interview, he discussed long-term strength training and balancing work, family and exercise. He emphasized sustainable routines over extreme regimens, describing his personal approach to daily life.⁠[18]

Co-founding and Financial Pressure

He recalled initially doubting the product before committing to the venture. The couple invested their savings and faced pressure over mortgage payments; he described complementary strengths and persistent problem-solving as central to the early business.⁠[16]

Official Website and Public Accounts

Sources

  1. Stephen Ellsworth — LinkedIn (opens in a new window)
  2. Our Story (opens in a new window)
  3. Mother Takes New Beverage Showdown 12 Title (opens in a new window)
  4. Insider Ep.87: Winning Over Investors Is Step One. Step Two Is About This. (opens in a new window)
  5. Mother Beverage Rebrands as Poppi (opens in a new window)
  6. Poppi prebiotic soda sales skyrocket following brand revamp (opens in a new window)
  7. Poppi closes $13.5m funding round led by CAVU Ventures (opens in a new window)
  8. How A Four-Letter Word Sparked Poppi’s Billion-Dollar Trajectory (opens in a new window)
  9. PepsiCo completes acquisition of poppi (opens in a new window)
  10. Entrepreneur Of The Year 2025: Allison Ellsworth and Stephen Ellsworth (opens in a new window)
  11. Entrepreneur Of The Year 2025 National Award Winners (opens in a new window)
  12. Poppi Founders — School of Hard Knocks Podcast (opens in a new window)
  13. Order Granting Motion for Final Approval — In re VNGR Beverage, LLC Litigation (opens in a new window)
  14. Stipulated Judgment — In re VNGR Beverage, LLC Litigation (opens in a new window)
  15. Poppi prebiotic soda accused of misleading customers on health benefits (opens in a new window)
  16. How Poppi’s founders built a new soda brand worth $2 billion (opens in a new window)
  17. 347. Stephen Ellsworth, Founder of Poppi (opens in a new window)
  18. The philosophy behind Poppi co-founder Stephen Ellsworth’s approach to health (opens in a new window)