DavidsTea

Quebec City, Canada Founded: 2008 • Age: 18 yrs
Premium tea retailer
Annual revenue $43.0M Latest available
Total funding $14.0M 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

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
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Davidstea Inc.
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $42.95 M (USD)
    1.91
    as on Jan 31, 2024
  • Net Profit
    -$2.23 M (USD)
    76.78
    as on Jan 31, 2024
  • EBITDA
    $3.44 M (USD)
    174.55
    as on Jan 31, 2024
  • Total Equity Funding
    $14.03 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.14 M (USD), Post-IPO

    Nov 12, 2025

  • Investors
  • Employee Count
    Not available
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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.

Exchange: TSXV · Ticker: DTEA · Sector: Consumer non-durables · Canada

Products & Services of DavidsTea

DavidsTea offers a comprehensive portfolio of products and services, including Loose Leaf Teas, Matcha Powders, and Tea Accessories.

Product name locked
Category locked
Primary

Variety of flavored teas for online purchase and brewing

Product name locked
Category locked
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Powders for preparing matcha tea at home

Product name locked
Category locked
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Tools and items to enhance tea preparation experiences

People of DavidsTea

Headcount 5000-10000
Employee Profiles 24
Board Members and Advisors 4
Employee Profiles
People
Sarah Segal
Chief Executive Officer
People
Frank Zitella
President And Chief Financial & Operating Officer
People
David Battaglino
Market Manager
People
Sara Lorenzon
Alternate Sales Channel Coordinator

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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.

Investors in DavidsTea

DavidsTea has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Highland Capital Partners.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investment and entrepreneur support services.
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Investor details for DavidsTea

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Investments & Acquisitions by DavidsTea

Investments
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Investment portfolio details for DavidsTea

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Financial Statements - DavidsTea

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Detailed financials for DavidsTea

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  • Profit trends
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Davidstea Comparisons

DavidsTea Primary company
Description
Premium tea retailer
Location
Quebec City, Canada
Founded Year
2008
Annual Revenue
$42.95 M (USD)
Net Profit
-$2.23 M (USD)
EBITDA
$3.44 M (USD)
Employees
Not available
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Peer comparison for DavidsTea

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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 year HQ Location Description
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Speciality coffee and tea brand
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Tea is manufactured and branded by Millennia Tea.
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Tea brand founded in 2001 and based in Jaipur, India.
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Sells low-sugar teas online with health benefits and farmer support initiatives.
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Tea brand founded in 2021 in Quebec City, Canada.
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Detailed competitors of DavidsTea

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Latest news on Davidstea

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Complete news archive for DavidsTea

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  • Older coverage
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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.

Annual revenue of DavidsTea is $42.95M as on Jan 31, 2024.

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 ticker symbol of DavidsTea is DTEA on TSXV.

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