About Long Island Iced Tea
Long Island Iced Tea is a company based in Farmingdale (United States) founded in 2011.. The company has 25 employees as of December 31, 2017. Long Island Iced Tea has completed 1 acquisition, including ALO Drink. Long Island Iced Tea operates in a competitive market with competitors including Argo Tea, HTeaO, JuneShine, Jiant and Shaka Tea, among others.
- Headquarter Farmingdale, United States
- Employees 25 as on 31 Dec, 2017
- Stage Public
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Sectors
Consumer
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Phone
*********
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Website
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Social
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- Legal Name Long Island Iced Tea Corp.
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Annual Revenue
$1.9 M9as on Dec 31, 2015
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Net Profit
$-3.18 M-1as on Dec 31, 2015
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EBITDA
$-3.05 M0as on Dec 31, 2015
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Latest Funding Round
$235 K (USD), Post-IPO
Apr 12, 2016
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Investors
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Employee Count
25
as on Dec 31, 2017
- Investments & Acquisitions
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Funding Insights of Long Island Iced Tea
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $235,000
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First Round
First Round
(30 Sep 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Post-IPO - Long Island Iced Tea | Valuation |
investors |
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| Dec, 2015 | Amount | Post-IPO - Long Island Iced Tea | Valuation |
investors |
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| Sep, 2015 | Amount | Post-IPO - Long Island Iced Tea | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Long Island Iced Tea
Long Island Iced Tea has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ALO Drink. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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ALO juices are crafted from aloe vera and real fruits.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Long Island Iced Tea
| 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 |
Long Island Iced Tea Comparisons
Competitors of Long Island Iced Tea
Long Island Iced Tea 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 Argo Tea, HTeaO, JuneShine, Jiant and Shaka Tea, 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 |
Tea is manufactured and distributed by Argo Tea internationally.
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| domain | founded_year | HQ Location |
A variety of flavored teas is sold by HTeaO brand.
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| domain | founded_year | HQ Location |
Organic kombucha is brewed and distributed by JuneShine.
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| domain | founded_year | HQ Location |
Fresh-brewed hard teas and kombuchas are produced by Jiant.
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| domain | founded_year | HQ Location |
Ready-to-drink teas in various flavors are distributed by Shaka Tea.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Long Island Iced Tea
Frequently Asked Questions about Long Island Iced Tea
When was Long Island Iced Tea founded?
Long Island Iced Tea was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Long Island Iced Tea located?
Long Island Iced Tea is headquartered in Farmingdale, United States. It is registered at Farmingdale, New York, United States.
Who is the current CEO of Long Island Iced Tea?
Philip Thomas is the current CEO of Long Island Iced Tea.
How many employees does Long Island Iced Tea have?
As of Dec 31, 2017, the latest employee count at Long Island Iced Tea is 25.
What is the annual revenue of Long Island Iced Tea?
Annual revenue of Long Island Iced Tea is $1.9M as on Dec 31, 2015.
What does Long Island Iced Tea do?
Long Island Iced Tea was founded in 2011 and is based in Farmingdale, United States. Operations focus on the beverage sector, where iced teas in flavors such as mango, raspberry, lemon, peach, green tea with honey, kiwi, sweet tea, and guava are produced and distributed. Products are formulated as gluten-free, non-GMO, and made with cane sugar. A line of lemonade products is planned for introduction in the near future.
Who are the top competitors of Long Island Iced Tea?
How many acquisitions has Long Island Iced Tea made?
Long Island Iced Tea has made 1 acquisition, including ALO Drink.