Genuine Tea

Toronto, Canada Founded: 2015 • Age: 11 yrs Acquired By Goodfood
Ethically sourced organic teas and accessories are provided to consumers.
Annual revenue - Latest available
Total funding $150,000 1 rounds
Employees 3 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Genuine Tea

Genuine Tea is a company based in Toronto (Canada) founded in 2015 was acquired by Goodfood in November 2024. Genuine Tea has raised $150 thousand across 1 funding round from investors including Goodfood and District Ventures Capital. The company has 3 employees as of December 31, 2024.

  • Headquarter Toronto, Canada
  • Employees 3 as on 31 Dec, 2024
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $150 K (USD)

    in 1 rounds

  • Latest Funding Round
    $150 K (USD), Seed

    Oct 24, 2018

  • Investors
    Goodfood

    & 1 more

  • Employee Count
    3

    as on Dec 31, 2024

  • Acquired by
    Goodfood

    (Nov 14, 2024)

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People of Genuine Tea

Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Sarah Wilcox
Co-founder

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Teams

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Funding Insights of Genuine Tea

Genuine Tea has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in October 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.

Investors in Genuine Tea

Genuine Tea has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Goodfood and District Ventures Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage centric offline-focused VC firm funding companies in the US
Locked Locked Locked
Recipe boxes with pre-prepped ingredients are ordered via online platform.
Locked Locked Locked
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Investor details for Genuine Tea

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Investments & Acquisitions by Genuine Tea

Investments
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Investment portfolio details for Genuine Tea

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Financial Statements - Genuine Tea

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Detailed financials for Genuine Tea

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Genuine Tea Comparisons

Genuine Tea Primary company
Description
Ethically sourced organic teas and accessories are provided ...
Location
Toronto, Canada
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
3
As of 2024
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Peer comparison for Genuine Tea

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Competitors of Genuine Tea

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Detailed competitors of Genuine Tea

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Latest news on Genuine Tea

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Frequently Asked Questions about Genuine Tea

Genuine Tea was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Genuine Tea is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Genuine Tea is a funded company, having raised a total of $150K across 1 funding round to date.

As of Dec 31, 2024, the latest employee count at Genuine Tea is 3.

Genuine Tea was founded in 2015 in Toronto, Canada, within the organic beverage sector. A range of teas, including black, green, herbal, oolong, matcha, and wellness varieties, is blended and packaged. Tea accessories such as teapots, infusers, and storage containers are also offered. Operations focus on direct-to-consumer sales via an online store, with emphasis on ethical sourcing practices.

Genuine Tea has 2 investors. Key investors include Goodfood, and District Ventures Capital.

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