Tea Drops
Tea Drops is a technology company.
Financial History
Tea Drops has raised $5.0M across 1 funding round.
Frequently Asked Questions
How much funding has Tea Drops raised?
Tea Drops has raised $5.0M in total across 1 funding round.
Tea Drops is a technology company.
Tea Drops has raised $5.0M across 1 funding round.
Tea Drops has raised $5.0M in total across 1 funding round.
Tea Drops has raised $5.0M in total across 1 funding round.
Tea Drops's investors include 7GC & Co, AF Ventures, BrandProject, Emil Capital Partners, EVE Atlas, Grotech Ventures, High Alpha, Initialized Capital, OCA Ventures, Siddhi Capital, Vitalize Venture Group, Jack Leeney.
Tea Drops is a technology-enabled consumer product company that innovates in the tea market by creating organic, loose-leaf tea pressed into single-serve dissolvable drops. These drops dissolve quickly in hot water, offering a convenient, mess-free alternative to traditional loose-leaf or bagged tea. Tea Drops serves busy consumers and tea enthusiasts seeking high-quality, flavorful tea without the fuss of brewing rituals. The company has grown rapidly, reaching over $20 million in sales and expanding distribution to thousands of retail locations including Target, Whole Foods, and Walmart[1][2][4].
Founded in 2015 by Sashee Chandran, who has a multicultural background with a Chinese mother and Sri Lankan father (born on a tea estate), Tea Drops was born from her desire to simplify the tea brewing process without compromising quality. Sashee’s personal experience with traditional tea rituals and dissatisfaction with bland, microplastic-laden tea bags inspired her to develop a patented dissolvable tea drop that preserves the flavor and authenticity of loose-leaf tea. Early traction came from farmers’ markets and artisan shows, eventually scaling to national retail chains with support from investors like Mission Driven Finance since 2023[2][3].
Tea Drops rides the trend of *convenience-driven innovation* in food and beverage, leveraging technology in product design and direct-to-consumer marketing to disrupt traditional tea consumption. The timing aligns with growing consumer demand for organic, sustainable, and ethically sourced products that fit fast-paced lifestyles. Market forces such as increased health consciousness, environmental awareness, and the rise of experiential, premium beverages favor Tea Drops’ unique format. The company influences the broader ecosystem by redefining tea rituals, promoting sustainability, and supporting diverse entrepreneurship[1][2][6].
Tea Drops is poised to continue scaling through expanded retail presence and product innovation, potentially exploring new flavors and formats. Trends shaping their journey include increasing consumer preference for sustainable, convenient, and authentic food experiences, as well as the growth of woman-owned and culturally diverse brands. Their influence may evolve by deepening impact initiatives and further integrating technology in product development and customer engagement. Tea Drops exemplifies how traditional products can be reinvented for modern consumers without losing cultural heritage or quality.
This blend of cultural authenticity, technological innovation, and sustainability positions Tea Drops as a compelling player in the evolving tea and beverage market.
Tea Drops has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Series A in May 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2021 | $5.0M Series A | 7GC & Co, AF Ventures, BrandProject, Emil Capital Partners, EVE Atlas, Grotech Ventures, High Alpha, Initialized Capital, OCA Ventures, Siddhi Capital, Vitalize Venture Group, Jack Leeney |