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The Coffee Bean & Tea Leaf - About the company

The Coffee Bean & Tea Leaf is an acquired company based in Los Angeles (United States), founded in 1963 by Herbert B Hyman. It operates as an Online retailer of premium coffee, tea, powders, drinkware, and equipment. The Coffee Bean & Tea Leaf has raised $5M in funding from investors like Advent International, CDIB Capital and Mirae Asset Venture, with last known valuation of $*****. The company has 2303 active competitors, including 112 funded and 96 that have exited. Its top competitors include companies like Starbucks, Blue Tokai Coffee Roasters and Third Wave Coffee.

Company Details

Online retailer of premium coffee, tea, powders, drinkware, and equipment. They offer a wide selection of coffee beans and tea leaves, sourced from top growing regions and family-owned estates. The company provides various products including single-origin K-Cups, seasonal drinks, and the Iconic Organic L.A. Series. Customers can shop online for home delivery or place café orders for pickup. They also offer a rewards program and a subscription service for newsletters. The business model includes B2C retail, online shopping, cart, login, subscription, and café orders. They focus on quality sourcing and aim to connect customers with handcrafted products.
Social
XFacebook
Email ID
*****@coffeebean.com
Phone Number
+1 **********
Key Metrics
Founded Year
1963
Location
Los Angeles, United States
Stage
Acquired
Total Funding
$5M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jul 24, 2019
Ranked
Employee Count
4,744 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by https://vticareer.com (Jul 24, 2019)

The Coffee Bean & Tea Leaf's acquisition details

The Coffee Bean & Tea Leaf got acquired by https://vticareer.com and Jollibeegroup on Jul 24, 2019 at an acquisition amount of $*****.
Click here to take a look at The Coffee Bean & Tea Leaf's acquisition in detail
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The Coffee Bean & Tea Leaf's funding and investors

The Coffee Bean & Tea Leaf has raised a total funding of $5M over 2 rounds. Its first funding round was on Aug 24, 2011. Its latest funding round was a Series A round on Sep 12, 2013 for $*****. 3 investors participated in its latest round. The Coffee Bean & Tea Leaf has 4 institutional investors.

Here is the list of recent funding rounds of The Coffee Bean & Tea Leaf:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 12, 2013
1462042
Series A
4897816
9587675
7609256
5218290
Aug 24, 2011
8947575
Series A
2245176
9053779
9254479
1923429
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The Coffee Bean & Tea Leaf's founders and board of directors

Founder? Claim Profile
The founders of The Coffee Bean & Tea Leaf is Herbert B Hyman.
Here are the details of The Coffee Bean & Tea Leaf's key team members:

The Coffee Bean & Tea Leaf's employee count trend

The Coffee Bean & Tea Leaf has 4,744 employees as of Sep 26. Here is The Coffee Bean & Tea Leaf's employee count trend over the years:
Employee count trend for The Coffee Bean & Tea Leaf
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The Coffee Bean & Tea Leaf's Competitors and alternates

Top competitors of The Coffee Bean & Tea Leaf include Starbucks, Blue Tokai Coffee Roasters and Third Wave Coffee. Here is the list of Top 10 competitors of The Coffee Bean & Tea Leaf, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Starbucks
Starbucks
1971, Seattle (United States), Public
Chain of limited-service restaurants serving coffee
-
76/100
2nd
Logo for Blue Tokai Coffee Roasters
Blue Tokai Coffee Roasters
2013, Gurugram (India), Series C
Chains providing freshly roasted coffee beans and specialty coffee beverages
$113M
76/100
3rd
Logo for Third Wave Coffee
Third Wave Coffee
2016, Bengaluru (India), Series D
Chains providing specialty coffee and curated food offerings
$108M
70/100
4th
Logo for Caribou Coffee
Caribou Coffee
1992, Minneapolis (United States), Acquired
Chain of limited service restaurant
-
70/100
5th
Logo for Sleepy Owl
Sleepy Owl
2016, Delhi (India), Series A
Retailer of premium coffee products including instant coffee, cold brew, hot brew, and coffee brewing accessories
$11.9M
69/100
6th
Logo for Peet's Coffee & Tea
Peet's Coffee & Tea
1966, San Francisco (United States), Acquired
Premium coffee and tea purveyor, offering beans, pods, and café experiences
-
69/100
7th
Logo for VAHDAM
VAHDAM
2015, Delhi (India), Series D
Retailer of premium teas, coffee, spices, and wellness infusions sourced directly from farmers
$28.1M
69/100
8th
Logo for Dutch Bros
Dutch Bros
1992, Grants Pass (United States), Public
Drive-thru coffee chain offering specialty drinks, rewards, and merchandise
-
67/100
9th
Logo for Philz Coffee
Philz Coffee
2003, San Francisco (United States), Acquired
Brand of coffee
$75M
67/100
10th
Logo for Blank Street
Blank Street
2020, Brooklyn (United States), Series C
Operator of a chain of coffee shops offering high-quality coffee and food
$232M
65/100
12th
Logo for The Coffee Bean & Tea Leaf
The Coffee Bean & Tea Leaf
1963, Los Angeles (United States), Acquired
Online retailer of premium coffee, tea, powders, drinkware, and equipment
$5M
63/100
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The Coffee Bean & Tea Leaf's Investments and acquisitions

The Coffee Bean & Tea Leaf has made no investments or acquisitions yet.

Reports related to The Coffee Bean & Tea Leaf

Here is the latest report on The Coffee Bean & Tea Leaf's sector:

News related to The Coffee Bean & Tea Leaf

lockFilter this list
Media has covered The Coffee Bean & Tea Leaf for a total of 3 events in the last 1 year, 3 of them have been about company updates.
•
The Coffee Bean & Tea Leaf Launches Perfect Americano MenuPR Newswire•May 27, 2026•The Coffee Bean & Tea Leaf
•
The Coffee Bean & Tea Leaf Expands in India, Redefining the Cafe Experience!Businessnewsthisweek•Feb 18, 2025•The Coffee Bean & Tea Leaf
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The Coffee Bean & Tea Leaf® Introduces a Bold New Line of LattesPR Newswire•Jan 06, 2025•The Coffee Bean & Tea Leaf
•
•
The Coffee Bean & Tea Leaf® Launches K-cup® Pods At Expo West 2024PR Newswire•Mar 14, 2024•The Coffee Bean & Tea Leaf
•
The Coffee Bean & Tea Leaf to sell bubble tea for the first timeWorld Coffee Portal•Dec 01, 2023•The Coffee Bean & Tea Leaf
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