About Ume Tea
Ume Tea is a company based in Cupertino (United States) founded in 2019. It operates as a Direct-to-Consumer (D2C). Ume Tea offers products and services including Coconut Series, Milk Tea, Fruit Tea, Slushies, and Snacks. Ume Tea operates in a competitive market with competitors including Kolkata Chai, The Chai Cart, Tan-Cha, Fat Straws and drinkartea, among others.
- Headquarter Cupertino, United States
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Sectors
Consumer
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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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Latest Funding Round
- Investors
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Products & Services of Ume Tea
Ume Tea offers a comprehensive portfolio of products and services, including Coconut Series, Milk Tea, Fruit Tea, Slushies, and Snacks. 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.
Innovative coconut smoothies with mango and mochi are offered.
Classic milk tea varieties are served at locations.
Refreshing fruit tea options are provided for customers.
Cool slushie drinks are available in various flavors.
Assorted snacks are offered alongside beverage selections.
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Funding Insights of Ume Tea
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2023 | Amount | Seed - Ume Tea | Valuation | iFly |
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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 Ume Tea
Ume Tea has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include iFly. 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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Early-stage investments in tech-enabled commerce are provided by iFly.
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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 Ume Tea
| 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 - Ume 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 |
Ume Tea Comparisons
Competitors of Ume Tea
Ume 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 Kolkata Chai, The Chai Cart, Tan-Cha, Fat Straws and drinkartea, 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 |
Sells authentic Indian chai mixes, concentrates, and cafe services online.
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| domain | founded_year | HQ Location |
Sells traditional Indian chai via street carts and online support in San Francisco.
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| domain | founded_year | HQ Location |
Milk tea and foam are served by Tan-Cha restaurant chain.
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| domain | founded_year | HQ Location |
Offers fresh boba tea and mochi donuts with online ordering and catering services.
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| domain | founded_year | HQ Location |
Offers hand-crafted bubble tea and food through retail locations and online orders.
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| domain | founded_year | HQ Location |
Operates a chain of tea cafes.
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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 Ume Tea
When was Ume Tea founded?
Ume Tea was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is Ume Tea located?
Ume Tea is headquartered in Cupertino, United States. It is registered at Cupertino, California, United States.
What does Ume Tea do?
Ume Tea is focused on creating specialty tea beverages and related products. Operations are centered in the food and beverage sector, with an emphasis on unique drink experiences. Various offerings such as coconut smoothies, milk tea, fruit tea, slushies, and snacks are provided. Multiple store locations across the United States are maintained to serve customers directly.
Who are the top competitors of Ume Tea?
Ume Tea's top competitors include Tan-Cha, Kolkata Chai and The Chai Cart.
What products or services does Ume Tea offer?
Ume Tea offers Coconut Series, Milk Tea, Fruit Tea, Slushies, and Snacks.
Who are Ume Tea's investors?
Ume Tea has 1 investor. Key investors include iFly.