Tea Drops offers patented, bagless dissolvable tea blends designed to dissolve in a cup and provide a convenient, self-care first tea experience. Founder and CEO Sashee Chandran launched the company in 2015 after developing the product in her kitchen and securing a patent for the playfully shaped blends. The company has operated primarily direct-to-consumer, manufacturing seven million product units in 2020 and posting a 350% annual growth rate; it launched an unsweetened line via an exclusive retail partnership with Costco and expects to produce 10 million Tea Drops by the end of 2021. Tea Drops positions itself as an experiential CPG brand aiming to modernize the tea category and make tea more accessible and fun. With the new capital, the company plans to expand from a DTC model to an omni-channel business, ramp up its subscription offering, and scale operations with help from strategic investor partners.

Total raised

$5M

Funding rounds

1

Latest round

Series A

Latest activity

May 2021