Teak Tea

We produce superior teas using leaves from our plantation in Costa Rica

Raise to date: $282,087

Reporting Date: 11/30/2019

Key Stats

Minimum Raise

$50,000

Maximum Raise

$1,000,000

Likelihood of Max Unlikely
Start Date

07/26/2019

Stop Date

10/31/2019

Days Remaining

19999945

Security Type

Common Stock

Investment Minimum

$1,000

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

264

% of Minimum Raised

564%

% of Maximum Raised

28%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$2,908

DPD* Category

$0

DPD* All Companies

$1,321

Kingscrowd Momentum

$282,087

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

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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