About tea
tea is a Technology company based in Zug (Switzerland) founded in 2021 by Timothy Lewis. A decentralized protocol for rewarding open-source software contributions. It operates on a Blockchain-as-a-Service and Token / Crypto Economy model. tea has raised $16.9 million across 2 funding rounds from investors including Coral DeFi, WAX and StrongBlock. Its website tea.xyz draws about 12 thousand monthly visits. tea offers products and services including tea Protocol, tea Rewards, and PKGX. Its focus areas include Blockchain, Decentralized Protocols, Software and Open-Source Solutions. Its legal entity is tea Association.
Company details
The tea Protocol is designed to enhance the sustainability and integrity of the software supply chain by enabling open-source developers to capture value through a trustless system. It operates in the blockchain technology sector, offering solutions like Proof of Contribution to rank and reward OSS projects. Additional components such as TEA Token, tea Rewards, and PKGX support the ecosystem by providing access, incentives, and tools for software distribution. The protocol also focuses on community governance and security of the OSS supply chain.
- Total Equity Funding$16.9M (USD)
in 2 rounds
- Latest Funding Round$8.9M (USD), Seed
Dec 2022
- InvestorsCoral DeFi
& 14 more
Products & Services of tea
tea offers a comprehensive portfolio of products and services, including tea Protocol, tea Rewards, and PKGX.
A decentralized protocol for open-source software rewards.
Permissionless rewards distributed to open-source contributors.
Web3-native tool for software discovery and installation.
Apps and channels of tea
its YouTube channel tea Protocol has 17.4K subscribers and 30 videos.
Videos from tea
The most watched videos on tea's YouTube channel, tea Protocol (17.4K subscribers). Click a video to play it here.
More on tea Protocol.
Funding Insights of tea
tea has successfully raised a total of $16.9M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $8.9 million completed in December 2022. 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 $16.9M
- Total Rounds 2
- Last Round Seed — $8.9M
- First Round $8M
(Mar 2022)
- Investors Count 15
All 2 funding rounds of tea 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 |
|---|---|---|---|---|---|
| Dec 2022 | $8.9M | Seed | – | Terren Peizer | |
| Mar 2022 | $8M | Seed | – | Binance Labs |
15 investors in total: 15 institutional.
Investors in tea
tea has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Coral DeFi, WAX and StrongBlock.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in creators, organizing AI events, and building community in New York. | betaworks.com | |||
Investment in digital asset protocols and teams is managed. | r13daf.com | Toronto, Canada | ||
Investments in finance, AI, and crypto-finance are targeted by Humla. | humla.vc | Miami, United States | ||
| terrenpeizer.com | ||||
Limited information is provided about Percival's activities. | percival.vc | |||
Blockchain node deployment tools are offered as a service. | 2018 | strongblock.com | George Town, Cayman Islands | |
Virtual assets are tokenized and traded in a decentralized marketplace. | 2011 | wax.io | Las Vegas, United States | |
YZi Labs is recognized as an investment vehicle for impact. | labs.binance.com | |||
Extraordinary homes are built by a chartered building company. | makegroup.co.uk | Bristol, United Kingdom | ||
SVK Crypto is focused on blockchain technology investment advisory. | svkcrypto.com | London, United Kingdom |
Investor details for tea
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 tea
3 people are tracked at tea (3 in leadership).
| Name | Role | Group |
|---|---|---|
Timothy Lewis | Co-Founder & CSO | Leadership |
Troy Wong | Co-Founder & CFO | Leadership |
Max Howell | CEO | Leadership |
Complete people profiles for tea
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Timeline of tea
3 dated milestones of tea across 1 years, from founding to its latest funding, stage changes and deals.
- Founded tea is founded.
- Funding First funding round of $8.0M.
- Funding Latest funding round, Seed, of $8.9M.
Web traffic of tea
The website of tea (tea.xyz) receives about 11.9K visits a month.
- Monthly visits11.9K
▼ 49.4% vs previous month
Websites whose visitors overlap most with tea. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dynamic.xyz | 100% | 74K | #489,725 | View details | |
| nexus.xyz | 89% | 547.4K | #73,563 | View details | |
| faucet.trade | 87% | #1,728,213 | View details | ||
| alchemy.com | 87% | 716.9K | #57,305 | View details | |
| infura.io | 87% | 108K | #418,534 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for tea
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- 19 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Tea
Complete news archive for tea
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Frequently Asked Questions about tea
tea was founded in 2021 and raised its 1st funding round 1 year after it was founded.
tea is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.
tea is a funded company, having raised a total of $16.9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $8M, raised on Mar 2022.
The tea Protocol is designed to enhance the sustainability and integrity of the software supply chain by enabling open-source developers to capture value through a trustless system. It operates in the blockchain technology sector, offering solutions like Proof of Contribution to rank and reward OSS projects. Additional components such as TEA Token, tea Rewards, and PKGX support the ecosystem by providing access, incentives, and tools for software distribution. The protocol also focuses on community governance and security of the OSS supply chain.
tea offers tea Protocol, tea Rewards, and PKGX.
tea has 15 investors. Key investors include Coral DeFi, WAX, StrongBlock, Woodstock, and Terren Peizer.
tea operates through Tea Association.