About Bhakti
Bhakti is a Consumer company based in Boulder (United States) founded in 2007 by Brook Eddy. It produces and markets tea products. Bhakti has raised $15.21 million across 8 funding rounds from investors including CircleUp, Molson Coors and Cleveland Avenue. Its chief executive, as recorded, is Brook Eddy. Bhakti offers products and services including Organic Chai and Subscriptions. Its focus areas include Food and Agriculture, Food & Beverage Products, Beverages and Coffees & Teas. Its competitors include Argo Tea, HTeaO and JuneShine; 2 of its 3 listed competitors have raised funding.
Company details
Bhakti was founded in 2007 in Boulder, United States, within the beverage sector. Packaged tea products, such as bottled sparkling tea, iced tea, premium tea, and concentrates, are produced with sourcing primarily from India. These items are distributed through retail grocery stores, restaurants, and cafes across the United States. Operations focus on tea branding and market availability in physical retail channels.
- Total Equity Funding$15.21M (USD)
in 8 rounds
- Latest Funding Round$2.18M (USD), Series B
Aug 2018
- InvestorsCircleUp
& 3 more
Products & Services of Bhakti
Bhakti offers a comprehensive portfolio of products and services, including Organic Chai and Subscriptions.
Cold-pressed ginger chai for energy and flavor in various recipes.
Ongoing delivery of organic chai products for regular use.
Apps and channels of Bhakti
its YouTube channel Bhakti has 137 subscribers and 10 videos.
Videos from Bhakti
The most watched videos on Bhakti's YouTube channel, Bhakti (137 subscribers). Click a video to play it here.
More on Bhakti.
Funding Insights of Bhakti
Bhakti has successfully raised a total of $15.21M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $2.18 million completed in August 2018. 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 $15.21M
- Total Rounds 8
- Last Round Series B — $2.18M
- First Round $35,000
(Jan 2011)
- Investors Count 4
All 8 funding rounds of Bhakti 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 |
|---|---|---|---|---|---|
| Aug 2018 | $2.18M | Series B | – | – | – |
| Sep 2017 | $5.28M | Series B | – | Cleveland Avenue | – |
| Jun 2017 | Series A | – | – | ||
| Aug 2016 | $3M | Series A | – | Colorado Impact Fund | – |
| Mar 2015 | $3M | Series A | – | – | |
| Oct 2013 | $850,000 | Seed | – | – | – |
| Jul 2013 | $864,000 | Seed | – | CircleUp | – |
| Jan 2011 | $35,000 | Seed | – | – | – |
4 investors in total: 4 institutional.
Investors in Bhakti
Bhakti has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include CircleUp, Molson Coors and Cleveland Avenue.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage impact investments are focused on Colorado companies. | coloradoimpactfund.com | Denver, United States | ||
Cleveland Avenue is engaged in venture capital investments globally. | clevelandavenue.com | Chicago, United States | ||
Beers, lagers, and malt beverages are brewed by Molson Coors. | 1786 | molsoncoors.com | Denver, United States | |
Equity crowdfunding is facilitated for private consumer product companies. | 2011 | circleup.com | San Francisco, United States |
Investor details for Bhakti
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Bhakti
4 people are tracked at Bhakti (1 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Brook Eddy | Founder & CEO | Leadership |
Vanessa Castillo | Sales And Operations Coordinator | Team |
Nicole Adams | Brand Ambassador | Team |
Jessica Weilbrenner | Marketing Communications Manager | Team |
Complete people profiles for Bhakti
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Bhakti
3 dated milestones of Bhakti across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Bhakti is founded.
- Funding First funding round of $35K.
- Funding Latest funding round, Series B, of $2.2M.
Competitors of Bhakti
Bhakti has 3 listed competitors in our database, 2 of them funded. They include Argo Tea, HTeaO and JuneShine.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| argotea.com | 2003 | Chicago, United States | $16.92M | 268 | Tea is manufactured and distributed by Argo Tea internationally. | |
| 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. |
Detailed competitors of Bhakti
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Bhakti
The website of Bhakti (drinkbhakti.com) receives about 4.4K visits a month.
- Monthly visits4.4K
▲ 7.2% vs previous month
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Bhakti (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 Bhakti
Complete news archive for Bhakti
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Frequently Asked Questions about Bhakti
Bhakti was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Bhakti is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Brook Eddy is the CEO of Bhakti, as recorded in our data. They have also founded this company.
Bhakti is a funded company, having raised a total of $15.21M across 8 funding rounds to date. The company's 1st funding round was a Seed of $35K, raised on Jan 2011.
Bhakti was founded in 2007 in Boulder, United States, within the beverage sector. Packaged tea products, such as bottled sparkling tea, iced tea, premium tea, and concentrates, are produced with sourcing primarily from India. These items are distributed through retail grocery stores, restaurants, and cafes across the United States. Operations focus on tea branding and market availability in physical retail channels.
Bhakti offers Organic Chai and Subscriptions.
Bhakti has 4 investors. Key investors include CircleUp, Molson Coors, Cleveland Avenue, and Colorado Impact Fund.