About DavidsTea
DavidsTea is a company based in Quebec City (Canada) founded in 2008. DavidsTea has raised $14.03 million across 2 funding rounds from investors including Highland Capital Partners. DavidsTea offers products and services including Loose Leaf Teas, Matcha Powders, and Tea Accessories. DavidsTea operates in a competitive market with competitors including Peet's Coffee & Tea, Millennia Tea, Meenakshi Tea House, Wize Tea and Bobba, among others.
- Annual Revenue$45.1 M (USD)-1.3as on Jan 31, 2026
- Net Profit$2.14 M (USD)0as on Jan 31, 2026
- EBITDA$6.09 M (USD)66.44as on Jan 31, 2026
- Total Equity Funding$14.03M (USD)
in 2 rounds
- Latest Funding Round$2.14M (USD), Post-IPO
Nov 2025
- Investors
Products & Services of DavidsTea
DavidsTea offers a comprehensive portfolio of products and services, including Loose Leaf Teas, Matcha Powders, and Tea Accessories.
Variety of flavored teas for online purchase and brewing
Powders for preparing matcha tea at home
Tools and items to enhance tea preparation experiences
Apps and channels of DavidsTea
its YouTube channel Les Thés DAVIDsTEA has 8.88K subscribers and 30 videos.
Videos from DavidsTea
The most watched videos on DavidsTea's YouTube channel, Les Thés DAVIDsTEA (8.88K subscribers). Click a video to play it here.
More on Les Thés DAVIDsTEA.
Funding Insights of DavidsTea
DavidsTea has successfully raised a total of $14.03M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $2.14 million completed in November 2025. 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 $14.03M
- Total Rounds 2
- Last Round Post-IPO — $2.14M
- First Round $14.03M
(Apr 2012)
- Investors Count 1
All 2 funding rounds of DavidsTea 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 |
|---|---|---|---|---|---|
| Nov 2025 | $2.14M | Post-IPO | – | – | – |
| Apr 2012 | $14.03M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in DavidsTea
DavidsTea has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Highland Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investment and entrepreneur support services. | – | hcp.com | - |
Investor details for DavidsTea
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of DavidsTea
28 people are tracked at DavidsTea (10 in leadership, 4 in board & advisors, 14 in team).
| Name | Role | Group |
|---|---|---|
Sarah Segal | CEO | Leadership |
Joe Bongiorno | VP Of Finance | Leadership |
Frank Zitella | President And Chief Financial & Operating Officer | Leadership |
Cphr Carolyn Courage | Head Of People Experience | Leadership |
Amanda Mangone | Senior Director Of Operations And Training | Leadership |
Carmen Buckner | Head Of Retail | Leadership |
Bianca Blanchette | Senior Director Merchandising | Leadership |
Louise Poirier | Executive Assistant To The President & CEO | Leadership |
John Colacci | Director Solution Optimization Allocation And Transportation | Leadership |
Peter Edward Moses | Director - Store Optimization | Leadership |
Susan L. Burkman | Director | Board & advisors |
Pat De Marco | Director | Board & advisors |
Peter Robinson | Director | Board & advisors |
Jane Silverstone Segal | Director | Board & advisors |
Anne Spackman | Manager/certified Trainer | Team |
Alexander Scelso | Sales Associate | Team |
Wendell Williams | Tea Guide (sales Associate) | Team |
Deanna Tolin | Store Manager | Team |
Donna Medd | District Manager | Team |
David Battaglino | Market Manager | Team |
8 more people are available in the full profile.
Complete people profiles for DavidsTea
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of DavidsTea
DavidsTea is a publicly listed company on the TSXV with ticker symbol DTEA in Canada, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date03 Apr 2023
- Listed onTSX-V: DTEA
- Listed entityDAVIDsTEA Inc.
- Exchange sectorConsumer non-durables
- ISINCA2386611024
- Share price1.11 CAD · 2026-10-09
- Market capitalisation34,009,229.00 CAD
- Price to earnings10.1
- EPS (diluted, trailing year)0.11 CAD
- Volume (last session)1,257
Financials of DavidsTea
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 61.0M CAD | 2.9M CAD | 8.2M CAD |
| 2024 | 61.8M CAD | -3.2M CAD | 5.0M CAD |
| 2023 | 60.6M CAD | -13.8M CAD | -6.6M CAD |
| 2022 | 83.0M CAD | -14.9M CAD | -9.1M CAD |
| 2021 | 104.1M CAD | 78.1M CAD | 247,000 CAD |
Detailed financial statements for DavidsTea
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of DavidsTea
4 dated milestones of DavidsTea across 17 years, from founding to its latest funding, stage changes and deals.
- Founded DavidsTea is founded.
- Funding First funding round of $14.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $2.1M.
Competitors of DavidsTea
DavidsTea 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 Peet's Coffee & Tea, Millennia Tea, Meenakshi Tea House, Wize Tea and Bobba, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| peets.com | 1966 | San Francisco, United States | – | 4,340 | Speciality coffee and tea brand | |
| millenniatea.com | 2016 | Saint John, Canada | – | 9 | Tea is manufactured and branded by Millennia Tea. | |
| meenakshitea.com | 2001 | Jaipur, India | – | – | Tea brand founded in 2001 and based in Jaipur, India. | |
| drinkwize.com | 2013 | Vancouver, Canada | – | – | Sells low-sugar teas online with health benefits and farmer support initiatives. | |
| bobbadrink.com | 2021 | Quebec, Canada | $1M | – | Tea brand founded in 2021 in Quebec City, Canada. | |
| warrentea.com | 1850 | Kolkata, India | – | 9 | Tea company in Assam | |
| risekombucha.com | 2012 | Montreal, Canada | – | – | Tea-based kombucha drinks in various flavors are produced. |
Detailed competitors of DavidsTea
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of DavidsTea
The website of DavidsTea (davidstea.com) receives about 564.3K visits a month and ranks #49,109 among all websites worldwide, #1,406 in Groceries.
- Monthly visits564.3K
▼ 31.2% vs previous month
- Unique visitors387.8K
per month
- Global rank#49,109
among all websites
- Category rank#1,406
Food and Drink · Groceries
- Bounce rate35%
- Pages per visit5.5
- Average visit3 min 00 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with DavidsTea. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
adagio.com | adagio.com | 100% | – | #90,223 | – |
| teavana.com | 96% | – | – | View details | |
| republicoftea.com | 86% | 374.3K | #92,203 | View details | |
| harney.com | 85% | – | #65,709 | View details | |
| rishi-tea.com | 84% | 160.9K | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for DavidsTea
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Latest news on Davidstea
Complete news archive for DavidsTea
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to DavidsTea
10 companies that operate in the same segment as DavidsTea (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 221.1 M | USD 99.78 M | 3,464 | |
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Dry snacks and coffee are manufactured and distributed. | 2015 | Chennai, Tamil Nadu, India | USD 16.52 M | USD 208 K | 29 | |
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | – | USD 93.92 B | 319,000 | |
Multi-category organic dairy products are offered online. | 2010 | Tiptur, Karnataka, India | USD 58.15 M | USD 23.34 M | 810 | |
Packaged food products are offered through an online platform. | 2019 | Mumbai, Maharashtra, India | USD 37.6 M | USD 4.41 M | 168 | |
Multi-category food and beverage products are produced and distributed globally. | 1866 | Vevey, Vaud, Switzerland | – | USD 2.36 B | 16,250 | |
Subscription-based dairy products are delivered via an internet-first brand. | 2013 | Hyderabad, Telangana, India | USD 19.41 M | USD 14.66 M | 250 |
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Frequently Asked Questions about DavidsTea
DavidsTea was founded in 2008 and raised its 1st funding round 4 years after it was founded.
DavidsTea is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
Sarah Segal is the current CEO of DavidsTea.
DavidsTea is a funded company, having raised a total of $14.03M across 2 funding rounds to date. The company's 1st funding round was a Series A of $14.03M, raised on Apr 2012.
Annual revenue of DavidsTea is $45.1M as on Jan 31, 2026.
Davids Tea was founded in 2008 in Quebec City, Canada, and operates in the tea retail sector. More than 150 tea varieties are provided through over 75 North American outlets and an online platform at davidstea.com. Products include teas in flavors such as tulsi, honey, rose, peanut butter, and apple, along with chocolates in strawberry, matcha, and milk varieties.
DavidsTea's top competitors include Peet's Coffee & Tea, Meenakshi Tea House and Millennia Tea.
DavidsTea offers Loose Leaf Teas, Matcha Powders, and Tea Accessories.
Yes, DavidsTea is publicly traded on TSXV under the ticker symbol DTEA.
DavidsTea has 1 investor. Key investors include Highland Capital Partners.
The website of DavidsTea receives about 564 thousand visits a month and ranks #49,109 among all websites worldwide.