About Clevr Blends
Clevr Blends is a company based in Santa Barbara (United States) founded in 2018 by Hannah Mendoza and Roger Coppola. It operates as a Direct-to-Consumer (D2C), and Subscription Services. Clevr Blends has raised $2.78 million across 2 funding rounds from investors including Meghan Markle. Clevr Blends offers products and services including Matcha SuperLatte, Chai SuperLatte, Sleeptime SuperLatte, Coffee SuperLatte, and Strawberry Lemonade SuperTea. Clevr Blends operates in a competitive market with competitors including McCormick, Spice World, Olde Thompson, Morton Salt and Omsom, among others.
- Headquarter Santa Barbara, United States
- Founders Hannah Mendoza, Roger Coppola
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.78 M (USD)
in 2 rounds
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Latest Funding Round
$2.78 M (USD), Seed
May 12, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of Clevr Blends
Clevr Blends offers a comprehensive portfolio of products and services, including Matcha SuperLatte, Chai SuperLatte, Sleeptime SuperLatte, Coffee SuperLatte, and Strawberry Lemonade SuperTea. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Energy-focused latte crafted with matcha and superfoods.
Spiced chai latte made with superfoods and adaptogens.
Caffeine-free latte designed to support deep sleep.
Energy-boosting coffee latte with adaptogens and probiotics.
Caffeine-free tea blend with bright, juicy flavors.
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Funding Insights of Clevr Blends
Clevr Blends has successfully raised a total of $2.78M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.78 million completed in May 2023. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $2.8M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2023 | Amount | Seed - Clevr Blends | Valuation |
investors |
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| Dec, 2020 | Amount | Angel Round - Clevr Blends | Valuation | Meghan Markle |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Clevr Blends
Clevr Blends has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Meghan Markle. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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MM
Meghan Markle |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Clevr Blends
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Clevr Blends
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Clevr Blends Comparisons
Competitors of Clevr Blends
Clevr Blends operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as McCormick, Spice World, Olde Thompson, Morton Salt and Omsom, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Spices and seasonings are produced and branded by McCormick.
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| domain | founded_year | HQ Location |
Spices and seasonings are branded and distributed by Spice World.
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| domain | founded_year | HQ Location |
Spices and seasonings are produced and distributed by Olde Thompson.
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| domain | founded_year | HQ Location |
Salt is produced for consumer, industrial, and agricultural applications.
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| domain | founded_year | HQ Location |
Brand of spices & seasoning
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| domain | founded_year | HQ Location |
Sweeteners including honey, agave, and molasses are procured and supplied.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Clevr Blends
Frequently Asked Questions about Clevr Blends
When was Clevr Blends founded?
Clevr Blends was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Clevr Blends located?
Clevr Blends is headquartered in Santa Barbara, United States. It is registered at Santa Barbara, California, United States.
Who is the current CEO of Clevr Blends?
Hannah Mendoza is the current CEO of Clevr Blends. They have also founded this company.
Is Clevr Blends a funded company?
Clevr Blends is a funded company, having raised a total of $2.78M across 2 funding rounds to date.
What does Clevr Blends do?
Clevr Blends is involved in the creation of superfood-infused lattes and teas, focusing on health and wellness. Products are crafted with adaptogens, probiotics, and superfoods to support energy, stress relief, and sleep. The company operates in the functional beverage sector, offering a variety of flavors and bundles. Solutions are provided through direct-to-consumer sales and subscription models, targeting health-conscious consumers seeking convenient, nutrient-rich drinks.
Who are the top competitors of Clevr Blends?
Clevr Blends's top competitors include McCormick, Morton Salt and MicroSalt.
What products or services does Clevr Blends offer?
Clevr Blends offers Matcha SuperLatte, Chai SuperLatte, Sleeptime SuperLatte, Coffee SuperLatte, and Strawberry Lemonade SuperTea.
Who are Clevr Blends's investors?
Clevr Blends has 1 investor. Key investors include Meghan Markle.