Tropical Smoothie Cafe

Atlanta, United States Founded: 1997 • Age: 29 yrs Acquired By Blackstone
Owns and operates a chain of cafes
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About Tropical Smoothie Cafe

Tropical Smoothie Cafe is a company based in Atlanta (United States) founded in 1997 was acquired by Blackstone in April 2024.. Tropical Smoothie Cafe offers products and services including Smoothies, Wraps, Flatbreads, and Tropic Rewards App. Tropical Smoothie Cafe operates in a competitive market with competitors including Burger King, Cracker Barrel, First Watch, YUM! Brands and Aurify Brands, among others.

  • Headquarter Atlanta, United States
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tropical Smoothie Cafe, Llc
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Blackstone

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Blackstone

    & 2 more

    (Apr 24, 2024)

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Products & Services of Tropical Smoothie Cafe

Tropical Smoothie Cafe offers a comprehensive portfolio of products and services, including Smoothies, Wraps, Flatbreads, and Tropic Rewards App. 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.

Primary

Blended drinks with fresh fruits for healthy consumption

Freshly made snacks with nutritious ingredients

Baked options topped with tropical flavors

App for ordering and earning rewards points

People of Tropical Smoothie Cafe
Headcount 50-200
Employee Profiles 32
Employee Profiles
People
Demarcus Davis
General Manager
People
Maya Mallan Steeves
Vice President, Media, Partnerships & Field Marketing
People
Degi Delger
Vp, Chief Accounting Officer
People
Austin Sills
Vice President, Franchise Development

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Funding Insights of Tropical Smoothie Cafe

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2012 Amount Series A - Tropical Smoothie Cafe Valuation BIP Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tropical Smoothie Cafe

Tropical Smoothie Cafe has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Blackstone, BIP Capital and BIP Ventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Founded Year Domain Location
Venture capital investments are provided by BIP Ventures.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tropical Smoothie Cafe

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tropical Smoothie Cafe

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tropical Smoothie Cafe Comparisons

Employees
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Competitors of Tropical Smoothie Cafe

Tropical Smoothie Cafe 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 Burger King, Cracker Barrel, First Watch, YUM! Brands and Aurify Brands, 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
Burgers and fast food are served by a restaurant chain.
domain founded_year HQ Location
A chain of limited-service restaurants is operated nationwide.
domain founded_year HQ Location
A chain of limited-service restaurants is operated nationwide.
domain founded_year HQ Location
Restaurants chains
domain founded_year HQ Location
Owns & operates restaurant serving food & beverages
domain founded_year HQ Location
Quick-service restaurant brands are operated on a global scale.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tropical Smoothie Cafe

Frequently Asked Questions about Tropical Smoothie Cafe

When was Tropical Smoothie Cafe founded?

Tropical Smoothie Cafe was founded in 1997 and raised its 1st funding round 15 years after it was founded.

Where is Tropical Smoothie Cafe located?

Tropical Smoothie Cafe is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Who is the current CEO of Tropical Smoothie Cafe?

Charles Watson is the current CEO of Tropical Smoothie Cafe.

What does Tropical Smoothie Cafe do?

Tropical Smoothie Cafe was founded in 1997 in Atlanta, United States, within the quick-service restaurant sector. Operations include 300 store outlets across 34 states in the USA. Menu items such as wraps, bowls, flatbreads, sandwiches, quesadillas, fruits, chips, chicken, and smoothies are provided. Catering services are also offered to support various events and gatherings.

Who are the top competitors of Tropical Smoothie Cafe?

Tropical Smoothie Cafe's top competitors include Burger King, Cracker Barrel and First Watch.

What products or services does Tropical Smoothie Cafe offer?

Tropical Smoothie Cafe offers Smoothies, Wraps, Flatbreads, and Tropic Rewards App.

Who are Tropical Smoothie Cafe's investors?

Tropical Smoothie Cafe has 4 investors. Key investors include Blackstone, BIP Capital, BIP Ventures, and Levine Leichtman Capital Partners.

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