Teak Tea
Early Stage
We produce superior teas using leaves from our plantation in Costa Rica
Overview
Raised: $282,087
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/30/2019
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,908
# of Investors
264
Momentum
Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Marina Del Rey, California
Teak Tea, a producer of superior quality teak teas with a pre-money valuation of $2 million, is raising funds on WeFunder. The company owns a 22-year old tea plantation in Costa Rica and uses the finest leaves to produce superior blends. Teak Tea has already produced initial packaging and samples and has almost created its e-commerce website. Teak Tea was founded by Klaus Moeller in 2019. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $1,000,000, and the proceeds will be used for buying teak trees, greenhouses, growing new trees, salaries, marketing, and product development. The team behind Teak Tea is highly experienced in founding new businesses and making them successful. The company holds strong potential in the global tea market with an emphasis on online and retail sales in specialty and mass retail.
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