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Culture Pop ๐ฅค
spicing up soda
setting the scene
to pursue a healthier lifestyle, you avoid artificial flavors and sweeteners ๐ญ
this means that you must give up your daily Coca-Cola๐ฅค
to fill that soda craving you try sparkling water, but you miss the flavor of your go-to drink ๐ข
what if soda could be natural, healthy, and tasty?
this week's company offers a flavorful and functional alternative to artificial soda
in a sentence
Culture Pop is a functional soda made with organic juices, probiotics, and spices
bulleted version: Culture Pop offers the vibrant taste missing from seltzer, the price point of soda, and the health benefits of kombucha ๐
the basics
industry: cpg, food and bev
headquarters: Cambridge, MA
year founded: 2020
headcount: <20 employees
investors: not disclosed
business model: d2c, wholesale distribution
sponsored by
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due diligence
what we like
๐eye-popping markets: the global soft drink market is valued at $416b, and the probiotic beverage market will reach $77b in sales by 2027
๐คค function for everyone: Culture Pop caters to a broad audience of soda lovers, health-conscious consumers, and non-alcoholic beverage drinkers
๐ฅ shelf presence: the drinks are shelf stable, allowing creative product packs and flexible store placement
and with bold branding, the company will have no trouble attracting retailers and consumers
potential risks
๐ crowded space: Culture Pop competes against legacy soda brands like Coke and Pepsi, who own ~75% of the US soda market
the company also faces recent entrants disrupting the soda industry
๐ต marketing spend: cpg companies allocate more dollars to marketing than most other industries
Culture Pop's broad target audience may cause even higher marketing spend
๐ consumer education: Culture Pop must educate the everyday consumer on the functional soda category to drive sales
founder profiles
Tom First (prev. co-founder @ Nantucket Nectars)
comps
why Culture Pop: with a successful soft launch in the Northeast, deals with Whole Foods and Hannaford, and a beverage veteran leading the company, we can see Culture Pop disrupting the soda industry ๐
what do you think about this startup?we want to hear from you! |