What is Zest Tea?
Zest Tea is a beverage company recognized for its innovative approach to caffeinated drinks, having won Best New Product at the World Tea Expo. The company offers a unique alternative to coffee, providing the same energizing effects without the common drawbacks like jitters and subsequent crashes. Each Zest blend contains three times the caffeine of traditional tea, comparable to coffee, and is formulated with amino acids to enhance the user experience. Zest Tea has established a strong presence, being a top seller on Amazon and available in over 2,000 retail locations nationwide.
How much funding has Zest Tea raised?
Zest Tea has raised a total of $1.1M across 2 funding rounds:
Unspecified
$1M
Debt
$117K
Unspecified (2019): $1M with participation from Momentum Fund and Lord Baltimore Fund
Debt (2021): $117K led by PPP
Key Investors in Zest Tea
PPP
Public-Private Partnership
Momentum Fund
Momentum Fund is an investment firm that participated in Zest Tea's funding round. Their specific investment thesis is not detailed.
Lord Baltimore Fund
Lord Baltimore Fund is an investment entity that has backed Zest Tea. While their stated industry is real estate, their participation suggests an interest in diverse growth opportunities.
What's next for Zest Tea?
The recent major strategic investment signals a pivotal growth phase for Zest Tea. This capital infusion is likely to fuel expansion into new markets, enhance product development, and bolster marketing efforts to further solidify its position against established coffee and tea brands. The company's focus on a healthier, more sustainable energy source positions it well for continued success in a health-conscious consumer landscape.
See full Zest Tea company page