What is Teabox?
Founded in 2012, Teabox specializes in sourcing and delivering high-quality teas directly from over 200 growers and estates in Darjeeling, Assam, and Nilgiri to a global customer base. The company aims to make premium tea accessible to both connoisseurs and newcomers by ensuring freshness, aroma, flavor, and authenticity. Teabox has established a significant international presence, delivering its products to 80 countries.
How much funding has Teabox raised?
Teabox has raised a total of $7M across 2 funding rounds:
Angel/Seed
$1M
Series A
$6M
Angel/Seed (2014): $1M with participation from Horizen Ventures and Accel Partners
Series A (2015): $6M led by Accel Partners and JAFCO Asia
Key Investors in Teabox
Accel Partners
Accel Partners is a prominent venture capital firm known for investing in early-stage and growth-stage technology companies. They have a global presence and a track record of supporting successful startups across various sectors.
JAFCO Asia
JAFCO Asia, soon to be rebranded as JIF Capital, is a venture capital firm specializing in investment across the Asia Pacific region. They focus on maximizing return on investment through dedicated business development and financial skills, catering to both investors and entrepreneurs.
Horizen Ventures
Horizen Ventures is an early-stage fund focused on India-based technology and internet firms, often partnering with entities like SoftBank China & India Holdings to support portfolio growth.
What's next for Teabox?
With the recent capital injection, Teabox is poised to further expand its global reach and enhance its supply chain capabilities. The company's strategy likely involves deepening its direct sourcing relationships, optimizing logistics for faster delivery, and potentially exploring new product lines or markets. This major funding round signals strong investor confidence in Teabox's business model and its potential for continued growth in the competitive global tea market.
See full Teabox company page
