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HIT THE TEA logo — LET'S HIT THE TEA!

HIT THE TEA

LET'S HIT THE TEA!

Founded 2017 Korea South Korea South 3 employees Seed Total: $1.07B E-Commerce, Food and Beverage +1

General Information

Company Name HIT THE TEA
Founded Year 2017
Location Korea South Korea South
Employees 3
Industries E-Commerce, Food and Beverage, Platforms
Funding Stage Seed
Social

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About HIT THE TEA

HIT THE TEA is a Korean startup that introduced the SUPER MATCHA brand, aiming to promote a healthy beverage culture. Established in 2017, the company has quickly gained traction with its specialized tea blenders and enthusiasts. With a focus on E-Commerce and Food and Beverage industries, HIT THE TEA operates from its headquarters in Seoul and currently runs four offline stores in strategic locations. The latest milestone for HIT THE TEA was a KRW900.00M Seed Round investment received on 21 June 2019. This funding round saw participation from Michigan Venture Capital and another undisclosed investor, indicating growing interest in the startup's unique approach to the tea market. The infusion of capital is expected to fuel the company's expansion and product development efforts, potentially leading to increased market penetration and brand recognition. With an innovative product line and expanding retail presence, HIT THE TEA is positioned to capitalize on the burgeoning demand for healthy beverages. The strategic combination of traditional tea expertise and modern business acumen has enabled the company to resonate with consumers and attract the attention of investors, representing a promising trajectory for the future. As the startup continues to push the boundaries of the beverage industry, its growth potential and market appeal make it an enticing prospect for venture capital firms.

Business keywords: tea, beverage, matcha, startup, health, Seoul, blending, culture, offline stores

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round KRW900.00M 2
Michigan Venture Capital
Michigan Venture Capital, blank.
21 Jun 2019
Seed Round Undisclosed 1
Korea Venture Investment Corp
Korea Venture Investment Corp
25 Jun 2018
Seed Round KRW170.00M 1
Accredited Investors(AI) Angel Club
Accredited Investors(AI) Angel Club
20 Feb 2018
Angel Round Undisclosed -
12 May 2017

HIT THE TEA Alternatives & Competitors

HIT THE TEA vs
Cuzen Matcha (World Matcha Inc.)
Cuzen Matcha (World Matcha Inc.) United States

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Series A
10 employees
Consumer Electronics, E-Commerce
HIT THE TEA vs
MatchaBar
MatchaBar United States

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Venture round
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E-Commerce, Food and Beverage
HIT THE TEA vs
MoonBrew
MoonBrew United States

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12 employees
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FAQ About HIT THE TEA

LET'S HIT THE TEA!
HIT THE TEA was founded in 2017.
HIT THE TEA is headquartered in Korea South.
HIT THE TEA operates in E-Commerce, Food and Beverage and Platforms. Its work centres on tea, beverage, matcha and startup.
HIT THE TEA has approximately 3 employees.
HIT THE TEA has completed 4 funding rounds, raising a total of $1.07B. The latest funding stage is Seed.
Top alternatives and competitors to HIT THE TEA include Cuzen Matcha (World Matcha Inc.), MatchaBar, MoonBrew, Frank about tea, Balls Vodka. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
HIT THE TEA and Cuzen Matcha (World Matcha Inc.) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for HIT THE TEA, https://bouncewatch.com/company/hit-the-tea, updated 9 November 2024. When citing, please name BounceWatch and link this page.

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