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Tealuxe

Tealuxe
1996 FOUNDED
PRIVATE STATUS
Series B LATEST DEAL TYPE
$7M TOTAL AMOUNT RAISED
Description

Provider of tea and tea products. The company distributes its products through distribution stores across the city and also through its online store. It also provides hardware and accessories, tea shirts, cream and sugar holders, gift and tea sets, pots, kettles, trivets, cups and glasses, filters and strainers.

Website:
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Beverages
Other Industries
Internet Retail
Distributors/Wholesale (B2C)
Primary Office
201 Newtown Road
Plainview, NY 11803
United States
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Tealuxe Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC (Series B) 27-Feb-2003 Completed Generating Revenue
7. Later Stage VC (Series A) 04-Feb-2002 Completed Product Development
6. Bankruptcy: Admin/Reorg 01-Oct-2001 Completed Bankruptcy: Admin/Reorg
5. Later Stage VC (Series E) 08-Nov-2000 000 Completed Generating Revenue
4. Later Stage VC (Series D) 17-Jul-2000 00.00 000 000.00 Completed Generating Revenue
3. Later Stage VC (Series C) 22-May-2000 000 00.00 00.000 Completed Generating Revenue
2. Early Stage VC (Series B) 21-Dec-1999 $1.75M $3.5M $5.05M Completed Generating Revenue
1. Early Stage VC (Series A) 13-Oct-1998 $1.75M $1.75M $3M Completed Product Development
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Tealuxe Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series D 0,000,000 00.000000 0.00 00.0 00.0 00.0 00.000
Series C 000,000 00.000000 0.00 00.0 00.0 00.0 00.000
Series B 1,590,909 $1.000000 6.5% $1.1 $1.1 1x $1.1 22.65%
Series A 1,750,000 $1.000000 6.5% $1 $1 1x $1 24.92%
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Tealuxe Executive Team (3)

Name Title Board
Seat
Contact
Info
Steve Wasserman Chief Executive Officer
John Cooper Chief Financial Officer
Jamie Giammarino General Manager