About MatchaBar
MatchaBar is a company based in Brooklyn (United States) founded in 2014. It operates as a Direct-to-Consumer (D2C). MatchaBar has raised $24.49 million across 7 funding rounds from investors including DJ Diplo, Von Miller and Drake (Rapper). MatchaBar offers products and services including Ceremonial Grade Matcha Powder and Instant Iced Lattes. MatchaBar operates in a competitive market with competitors including Argo Tea, HTeaO, JuneShine, Jiant and Long Island Iced Tea, among others.
- Headquarter Brooklyn, United States
- SectorsConsumer
- Email••••••••
- Website matchabar.co
- Social LinkedIn X Facebook
- Total Equity Funding$24.49M (USD)
in 7 rounds
- Latest Funding Round$900.56K (USD), Series A
Apr 2024
Products & Services of MatchaBar
MatchaBar offers a comprehensive portfolio of products and services, including Ceremonial Grade Matcha Powder and Instant Iced Lattes.
Premium matcha powder sourced from Kagoshima, Japan, region.
Instant lattes combining coffee and matcha for convenience.
Funding Insights of MatchaBar
MatchaBar has successfully raised a total of $24.49M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $900.56 thousand completed in April 2024. 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 $24.49M
- Total Rounds 7
- Last Round Series A — $900,559
- First Round $2.25M
(Jul 2016)
- Investors Count 3
All 7 funding rounds of MatchaBar 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 |
|---|---|---|---|---|---|
| Apr 2024 | $900,559 | Series A | – | – | – |
| Jul 2020 | $5.01M | Series A | – | – | – |
| Aug 2019 | $2.25M | Series A | – | – | – |
| Jul 2018 | $3.5M | Series A | – | – | – |
| Jun 2018 | $8.09M | Series A | – | DJ Diplo, Von Miller | – |
| Aug 2017 | $2.5M | Series A | – | Drake (Rapper) | – |
| Jul 2016 | $2.25M | Series A | – | – | – |
3 investors in total: 0 institutional and 3 angel.
Investors in MatchaBar
MatchaBar has secured backing from 3 investors, including angel investors. Prominent investors backing the company include DJ Diplo, Von Miller and Drake (Rapper).
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
DD DJ Diplo | - | – | unknown_925a49a2732743cda | - |
VM Von Miller | - | – | unknown_2b7e7f5fb367426b9 | - |
D( Drake (Rapper) | - | – | unknown_65caaccfbb8f4cc29 | - |
Investor details for MatchaBar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of MatchaBar
3 people are tracked at MatchaBar (3 in leadership).
| Name | Role | Group |
|---|---|---|
Graham Fortgang | Co-Founder/Owner | Leadership |
Jose Yulfo | Vice President of Operations | Leadership |
Max Fortgang | Chief Executive Officer | Leadership |
Complete people profiles for MatchaBar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of MatchaBar
3 dated milestones of MatchaBar across 10 years, from founding to its latest funding, stage changes and deals.
- Founded MatchaBar is founded.
- Funding First funding round of $2.2M.
- Funding Latest funding round, Series A, of $901K.
Competitors of MatchaBar
MatchaBar 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 Long Island Iced Tea, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| argotea.com | 2003 | Chicago, United States | $16.92M | 268 | Tea is manufactured and distributed by Argo Tea internationally. | |
| hteao.com | 2009 | Midland, United States | – | – | A variety of flavored teas is sold by HTeaO brand. | |
| juneshine.com | 2018 | San Diego, United States | $24M | – | Organic kombucha is brewed and distributed by JuneShine. | |
| drinkjiant.com | 2019 | Culver, United States | $8.3M | – | Fresh-brewed hard teas and kombuchas are produced by Jiant. | |
| longislandicedtea.com | 2011 | Farmingdale, United States | – | 25 | Tea-based beverages in various flavors are manufactured and marketed. | |
| shakatea.com | 2015 | Hilo, United States | $5M | – | Ready-to-drink teas in various flavors are distributed by Shaka Tea. | |
| brewdrkombucha.com | 2009 | Oregon, United States | – | – | Probiotic teas are brewed and distributed by Brew Dr. Kombucha. | |
| bobaguys.com | 2011 | San Francisco, United States | $1.07M | – | Ready-to-drink milk teas are produced and distributed by the brand. | |
| rowdymermaid.com | 2013 | Boulder, United States | $8.1M | – | Organic kombucha beverages in various flavors are produced and distributed. | |
| drinkbhakti.com | 2007 | Boulder, United States | $15.21M | 16 | Produces and markets tea products |
Detailed competitors of MatchaBar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of MatchaBar
The website of MatchaBar (matchabar.co) receives about 21.5K visits a month.
- Monthly visits21.5K
▲ 22.7% vs previous month
Websites whose visitors overlap most with MatchaBar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
dearmamacoffee.com | dearmamacoffee.com | 100% | – | #5,430,533 | – |
| daily-harvest.com | 92% | 289.8K | #202,862 | View details | |
firebellytea.ca | firebellytea.ca | 90% | – | #1,338,512 | – |
wonkywonderful.com | wonkywonderful.com | 69% | – | #372,672 | – |
texanerin.com | texanerin.com | 69% | – | #238,596 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for MatchaBar
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Matchabar
Complete news archive for MatchaBar
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 MatchaBar
10 companies that operate in the same segment as MatchaBar (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 MatchaBar
MatchaBar was founded in 2014 and raised its 1st funding round 2 years after it was founded.
MatchaBar is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
MatchaBar is a funded company, having raised a total of $24.49M across 7 funding rounds to date. The company's 1st funding round was a Series A of $2.25M, raised on Jul 2016.
MatchaBar is involved in the production and sale of premium matcha products, including ceremonial grade matcha powder and instant iced lattes. Sourced from Kagoshima, Japan, their offerings are focused on providing sustained energy through matchas unique properties. The company targets health-conscious consumers seeking alternatives to coffee, operating in the beverage sector with an emphasis on quality and purity.
MatchaBar offers Ceremonial Grade Matcha Powder and Instant Iced Lattes.
MatchaBar has 3 investors. Key investors include DJ Diplo, Von Miller, and Drake (Rapper).