Teak Tea

Teak Tea

Early Stage

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

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

Overview

Raised to Date: Raised: $282,087

Total Commitments ($USD)

Platform

Wefunder

Start Date

07/25/2019

Close Date

10/31/2019

Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment

$1,000

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$2,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2019

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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Teak Tea
Platform: Wefunder
Security Type: Equity - Common
Valuation: $2,000,000
Price per Share: $1.00

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