About Argo Tea
Argo Tea is a Consumer company based in Chicago (United States) founded in 2003. Tea is manufactured and distributed by Argo Tea internationally. Argo Tea has raised $16.92 million across 4 funding rounds from investors including Breakwater Management. The company has 268 employees. Its focus areas include Food and Agriculture, Food & Beverage Products, Beverages and Coffees & Teas. Its competitors include HTeaO, JuneShine and Jiant; 2 of its 3 listed competitors have raised funding.
Company details
Argo Tea was founded in 2003 in Chicago, United States, within the food and beverage sector. Tea products are manufactured and distributed to consumers domestically and abroad. Operations include global retail partnerships and cafes in Chicago, New York, St. Louis, Boston, and Beirut. Supplies are provided to distribution, food service, retail, and hospitality channels. Natural-ingredient teas and cold bottled variants are available in over 10,000 U.S. retail and supermarket outlets.
- Headquarters Chicago, United States
- Employees 268
- SectorsConsumer
- Website argotea.com
- Social LinkedIn X Facebook
- Total Equity Funding$16.92M (USD)
in 4 rounds
- Investors
- Employee Count268
Funding Insights of Argo Tea
Argo Tea has successfully raised a total of $16.92M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $16.92M
- Total Rounds 4
- First Round $4.25M
(Jan 2008)
- Investors Count 1
All 4 funding rounds of Argo Tea with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2014 | Series C | – | Breakwater | – | |
| Dec 2010 | $4.03M | Series B | – | – | – |
| Jan 2009 | $8.63M | Series B | – | – | – |
| Jan 2008 | $4.25M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Argo Tea
Argo Tea has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Breakwater Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Breakwater Management is engaged in private equity investments for lower middle market businesses. | 2009 | breakwatermgmt.com | Los Angeles, United States |
Investor details for Argo Tea
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Timeline of Argo Tea
3 dated milestones of Argo Tea across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Argo Tea is founded.
- Funding First funding round of $4.2M.
- Funding Latest funding round, Series C,.
Competitors of Argo Tea
Argo Tea has 3 listed competitors in our database, 2 of them funded. They include HTeaO, JuneShine and Jiant.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hteao.com | 2009 | Midland, United States | A variety of flavored teas is sold by HTeaO brand. | |||
| juneshine.com | 2018 | San Diego, United States | $24M | Organic kombucha is brewed and distributed by JuneShine. | ||
| drinkjiant.com | 2019 | Culver, United States | $8.3M | Fresh-brewed hard teas and kombuchas are produced by Jiant. |
Detailed competitors of Argo Tea
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- Full competitor set
- Operating metrics
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Web traffic of Argo Tea
Websites that share an audience with Argo Tea (argotea.com).
Websites whose visitors overlap most with Argo Tea. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| rareteacompany.com | 100% | #692,538 | View details | ||
stashtea.com | stashtea.com | 100% | #528,627 | – | |
| taooftea.com | 99% | #1,165,987 | View details | ||
shanshuiteas.com | shanshuiteas.com | 98% | #14,661,884 | – | |
davidsonstea.com | davidsonstea.com | 98% | #741,984 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Argo Tea
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Argo Tea (Food & Beverage Products & Processing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | |||
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | USD 93.92 B | 319,000 |
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Related news about Argo Tea
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Frequently Asked Questions about Argo Tea
Argo Tea was founded in 2003 and raised its 1st funding round 5 years after it was founded.
Argo Tea is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Argo Tea is a funded company, having raised a total of $16.92M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.25M, raised on Jan 2008.
Argo Tea has 268 employees.
Argo Tea was founded in 2003 in Chicago, United States, within the food and beverage sector. Tea products are manufactured and distributed to consumers domestically and abroad. Operations include global retail partnerships and cafes in Chicago, New York, St. Louis, Boston, and Beirut. Supplies are provided to distribution, food service, retail, and hospitality channels. Natural-ingredient teas and cold bottled variants are available in over 10,000 U.S. retail and supermarket outlets.
Argo Tea has 1 investor. Key investors include Breakwater Management.