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.
- Headquarter Quebec City, Canada
- Stage Public
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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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- Legal Name Davidstea Inc.
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Annual Revenue
$42.95 M (USD)1.91as on Jan 31, 2024
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Net Profit
$-2.23 M (USD)76.78as on Jan 31, 2024
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EBITDA
$3.44 M (USD)174.55as on Jan 31, 2024
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Total Equity Funding
$14.03 M (USD)
in 2 rounds
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Latest Funding Round
$2.14 M (USD), Post-IPO
Nov 12, 2025
- Investors
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Employee Count
Employee Count
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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.
Products & Services of DavidsTea
DavidsTea offers a comprehensive portfolio of products and services, including Loose Leaf Teas, Matcha Powders, and Tea Accessories. 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.
Variety of flavored teas for online purchase and brewing
Powders for preparing matcha tea at home
Tools and items to enhance tea preparation experiences
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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 Total Funding
- Total Rounds 2
- Last Round Post-IPO — $2.1M
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First Round
First Round
(10 Apr 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Post-IPO - DavidsTea | Valuation |
investors |
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| Apr, 2012 | Amount | Series A - DavidsTea | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 DavidsTea
DavidsTea has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Highland Capital Partners. 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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Venture capital investment and entrepreneur support services.
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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 DavidsTea
| 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 - DavidsTea
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Davidstea Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Speciality coffee and tea brand
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| domain | founded_year | HQ Location |
Tea is manufactured and branded by Millennia Tea.
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| domain | founded_year | HQ Location |
Tea brand founded in 2001 and based in Jaipur, India.
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| domain | founded_year | HQ Location |
Sells low-sugar teas online with health benefits and farmer support initiatives.
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| domain | founded_year | HQ Location |
Tea brand founded in 2021 in Quebec City, Canada.
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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 Davidstea
Frequently Asked Questions about DavidsTea
When was DavidsTea founded?
DavidsTea was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Where is DavidsTea located?
DavidsTea is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
Who is the current CEO of DavidsTea?
Sarah Segal is the current CEO of DavidsTea.
Is DavidsTea a funded company?
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 10, 2012.
What is the annual revenue of DavidsTea?
Annual revenue of DavidsTea is $42.95M as on Jan 31, 2024.
What does DavidsTea do?
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.
Who are the top competitors of DavidsTea?
DavidsTea's top competitors include Peet's Coffee & Tea, Meenakshi Tea House and Millennia Tea.
What products or services does DavidsTea offer?
DavidsTea offers Loose Leaf Teas, Matcha Powders, and Tea Accessories.
Is DavidsTea publicly traded?
Yes, DavidsTea is publicly traded on TSXV under the ticker symbol DTEA.
Who are DavidsTea's investors?
DavidsTea has 1 investor. Key investors include Highland Capital Partners.
What is DavidsTea's ticker symbol?
The ticker symbol of DavidsTea is DTEA on TSXV.
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