Zevia stock gets growth investment from GP Investments

Zevia announced on October 22, 2026, that it had entered into a definitive agreement with a fund managed by GP Investments for a growth-equity investment. Ropes & Gray said the transaction involves convertible preferred stock and that the proceeds will support Zevia's strategic reset.

Capital Targets Product And Distribution

The financing is intended to support product innovation, digital demand generation and a hybrid go-to-market strategy. For investors, the transaction gives Zevia additional capital to pursue growth initiatives while changing the company's financing structure through convertible preferred stock.

The announcement followed a year-long review of strategic and financing alternatives. Zevia said the investment was selected as the preferred route for advancing long-term value creation, while GP Investments will become a strategic partner to the beverage company.

Zevia's Better-For-You Beverage Position

Zevia produces zero-sugar, zero-calorie beverages across soda, energy drinks and organic tea. The company uses simple, plant-based, non-GMO ingredients and sells through an omni-channel network across the United States and Canada.

Zevia competes in the better-for-you beverage category with brands such as OLIPOP and Poppi. Its specialization is a zero-sugar, zero-calorie portfolio, while those rivals emphasize lower-sugar or functional soda offerings.

The broader U.S. beverage market remains the relevant backdrop for Zevia's strategic reset. See Current market reports for the latest market environment.

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