Funding Details
- Awarder
- StartEngine
- Date Award
- February 13, 2024
- Vertical
- Beverages
- Funding URL
- View Funding Page
- Premoney Valuation
-
$7,810,000
- Valuation
-
$7,810,000
Company Info
- Founding Year
- 2020
- Traction
- HUMANITEA is available in over 3,000 stores, including Sprouts nationwide. They have developed key distribution agreements with major distributors such as KeHE, UNFI, and McLane. They are led by a highly experienced team of industry professionals with over 100 years of combined experience working at major beverage companies and as entrepreneurs.
- Revenue Amount
-
$389,589,000,000
- Organizations Involved
- American Foundation for Suicide Prevention, Foster Love
- Founders
- Jeffrey McClelland, Lance McClelland
- Company Description
- At HUMANITEA, they deliver delicious organic teas and lemonade in sustainable packaging to customers, available online and in 3,000+ store locations across the country. Their tea is freshly brewed and packaged using sustainable packaging, all-natural, non-GMO, organic ingredients to deliver customers a healthier premium tea option with a positive impact. They are using the success of their tea to give back to the world through relationships with organizations such as the American Foundation for Suicide Prevention and Foster Love, which works with foster youth.
- Market
- Ready-to-Drink Tea
- Location
-
Irvine,
CA,
US
- Coinvestors
- None
Links