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Rooibee Red Tea

Rooibee Red Tea
2009 FOUNDED
PRIVATE STATUS
1-10 EMPLOYEES
Seed LATEST DEAL TYPE
$1.5M LATEST DEAL AMOUNT
5 INVESTORS
Description

Producer of bottled organic red tea created as a substitute to caffeine drinks. The company's organic red tea is made from the South African rooibos bush - a legume that grows only on the western cape of South Africa and high in unique antioxidants for extra health benefits enabling users to switch to a healthier alternative for their beverage needs.

Ownership Status
Privately Held (backing)
Financing Status
Angel-Backed
Primary Industry
Beverages
Primary Office
  • PO Box 1195
  • Prospect, KY 40059
  • United States

+1 (844) 000-0000
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Rooibee Red Tea Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Seed Round 28-Apr-2017 $1.5M 00.000 00.00 Completed Generating Revenue
5. Angel (individual) 08-May-2015 000 00.000 000.00 Completed Generating Revenue
4. Angel (individual) 28-Oct-2014 00000 00.000 00.000 Completed Startup
3. Angel (individual) 09-May-2012 00000 00000 00.000 Completed Startup
2. Angel (individual) 11-May-2011 $245K $245K 00.000 Completed Startup
1. Accelerator/Incubator Completed Startup
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Rooibee Red Tea Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Seed 0,000,000 00.000000 00 00 00 00 00 00.000
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Rooibee Red Tea Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Choice Organic Teas Corporation Seattle, WA 00
000000 000 Venture Capital-Backed Los Angeles, CA 0 00.00 000000000 00.00
0000 0000000 000 Venture Capital-Backed Oakland, CA 00 000.00 000000 - 000 000.00
00000 0000 000000 Corporate Backed or Acquired Scottsdale, AZ 000000&0
000000 000 Venture Capital-Backed Chicago, IL 00 00.00 0000000000 0 00.00
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Rooibee Red Tea Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
SeedStep Angels Angel Group Minority 000 0000 000000 0
The JumpFund Venture Capital Minority 000 0000 000000 0
William Morgan Angel (individual) Minority 000 0000 000000 0
Baylor Angel Network Angel Group Minority 000 0000 000000 0
Kentucky Innovation Network Accelerator/Incubator 000 0000 000000 0

Rooibee Red Tea Executive Team (4)

Name Title Board
Seat
Contact
Info
David Salmon Chief Executive Officer & Board Member
William Meissner Executive & Board Member

2 Former Executives

You’re viewing 2 of 4 executives. Get the full list »

Rooibee Red Tea Board Members (4)

Name Representing Role Since Contact
Info
Benton Keith Rooibee Red Tea Board Member 000 0000
Charles Schnatter Rooibee Red Tea Board Member 000 0000
David Salmon Rooibee Red Tea Chief Executive Officer & Board Member 000 0000
William Meissner Rooibee Red Tea Executive & Board Member 000 0000