Caleb Bradham owned a pharmacy in New Bern, North Carolina, and crafted Pepsi in 1893 from the African kola nut, various citrus oils, soda water, sugar, and other ingredients.
However, before it got its name, the cola was known simply as "Brad's Drink." Bradham bought the rights to the name "Pep Cola" from a rival New Jersey soft drink company.
The company has had many ups and downs, including going bankrupt in 1923, which led Bradham to sell Pepsi, but today it's still going strong more than 120 years later.