OTeas

OTeas Overview

Founded 2015
Founded
Status Acquired/​Merged
Latest Deal Type Angel
Investors 1

OTeas General Information

Description

Producer and marketer of specialty tea intended to promote an active, healthy and balanced lifestyle. The company's specialty teas are expertly blended from natural ingredients that possess detoxification herbals, sourced from around the world and are placed in pyramid shaped bags to maximize their infusion, enabling users to find and buy organic and herbal teas from both online and offline stores in and across the United Kingdom.

Contact Information

Website
Ownership Status
Acquired/Merged
Financing Status
Angel-Backed
Primary Industry
Beverages
Other Industries
Internet Retail
Primary Office
  • Kemp House
  • 152-160 City Road
  • London EC1V 2NX
  • England, United Kingdom
+44 020 0000 0000

OTeas Timeline

2016201720182019
Financing Round
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OTeas Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Angel (individual) 16-Jul-2019 00.000 Completed Generating Revenue
5. Angel (individual) 29-Nov-2017 00.000 00.000 00.000 Completed Generating Revenue
4. Seed Round 05-Apr-2017 000.00 00000 00.00 Completed Generating Revenue
3. Angel (individual) 05-Apr-2017 00000 00000 00.000 Completed Generating Revenue
2. Merger/Acquisition 01-Jan-2017 $233K Completed Generating Revenue
1. Angel (individual) 01-Jan-2015 $233K $233K 00.000 Completed Startup

OTeas Cap Table

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Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Ordinary 000,000 00.000000 00.00 00.00 00 00.00 00.000
Ordinary 00,000 00.000000 00.00 00.00 00 00.00 0.000
Ordinary 105,621 $0.000001 $1.35 $1.35 1x $1.35 5.28%
Ordinary 171,645 $0.000001 $1.15 $1.15 1x $1.15 8.58%

OTeas Executive Team (2)

Name Title Board Seat Contact Info
David Evans Chief Executive Officer
Paresh Thakkar Founder & Managing Director

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