About Tealet
Tealet is a company based in Las Vegas (United States) founded in 2012.. Tealet has raised $260 thousand across 3 funding rounds from investors including Blue Startups, VTF Capital and 500 Global. Tealet offers products and services including Tealet Wholesale Platform and Retail Tea Browsing. Tealet operates in a competitive market with competitors including SevenFifty, Provi, Storica Wines, Enovation Brands and Mint Ventures, among others.
- Headquarter Las Vegas, United States
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Sectors
RetailAgriculture
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$260 K (USD)
in 3 rounds
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Latest Funding Round
$240 K (USD), Seed
Feb 10, 2014
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Investors
Blue Startups
& 2 more
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Employee Count
Employee Count
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Products & Services of Tealet
Tealet offers a comprehensive portfolio of products and services, including Tealet Wholesale Platform and Retail Tea Browsing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online system for sourcing teas from independent growers worldwide.
Website for viewing and purchasing teas from various tea regions.
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Funding Insights of Tealet
Tealet has successfully raised a total of $260K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $240 thousand completed in February 2014. 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 Total Funding
- Total Rounds 3
- Last Round Seed — $240,000
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2014 | Amount | Seed - Tealet | Valuation |
investors |
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| Mar, 2013 | Amount | Seed - Tealet | Valuation |
investors |
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| Oct, 2012 | Amount | Seed - Tealet | Valuation | 500 Global |
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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 |
Investors in Tealet
Tealet has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Blue Startups, VTF Capital and 500 Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A venture accelerator based in Hawaii supporting technology startups.
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Founded Year | Domain | Location | |
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Pre-seed and seed stage investments are targeted by VTF Capital.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tealet
| 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 |
Financial Statements - Tealet
| 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 |
Tealet Comparisons
Competitors of Tealet
Tealet 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 SevenFifty, Provi, Storica Wines, Enovation Brands and Mint Ventures, 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 |
Alcohol distributors and buyers are connected through an online platform.
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| domain | founded_year | HQ Location |
Provi is operated as a B2B alcohol marketplace for businesses.
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| domain | founded_year | HQ Location |
Sells premium Armenian wines through online stores and retail channels.
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| domain | founded_year | HQ Location |
Multi-category alcoholic beverages are distributed through an e-platform.
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| domain | founded_year | HQ Location |
Operates as an online e-distributor specializing in alcoholic beverages.
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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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Frequently Asked Questions about Tealet
When was Tealet founded?
Tealet was founded in 2012.
Where is Tealet located?
Tealet is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.
Is Tealet a funded company?
Tealet is a funded company, having raised a total of $260K across 3 funding rounds to date.
What does Tealet do?
Tealet was established in 2012 in Las Vegas, United States, as an e-commerce marketplace in the tea sector. Direct connections between worldwide tea growers and US consumers are facilitated, with growers sharing stories and product details. Browsing, reviewing, and purchasing options are provided, alongside a subscription service for ongoing access to diverse teas.
Who are the top competitors of Tealet?
Tealet's top competitors include Provi, SevenFifty and Maverick Beverage Company.
What products or services does Tealet offer?
Tealet offers Tealet Wholesale Platform and Retail Tea Browsing.
Who are Tealet's investors?
Tealet has 3 investors. Key investors include Blue Startups, VTF Capital, and 500 Global.
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