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 2825 active competitors, including 154 funded and 179 that have exited. Its top competitors include companies like Starbucks, Blue Tokai Coffee Roasters and First Watch.
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.
- Website
- www.coffeebean.com/
- Social
- 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
Investors
Ranked
23rd among 2825 active competitors
Employee Count
4,614 as on May 31, 2026
Exit Details
Acquired
The Coffee Bean & Tea Leaf's acquisition details
The Coffee Bean & Tea Leaf got acquired by 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 | 9321731 | Series A | 4861360 | 2986075 | 1350053 | 3618725 |
Aug 24, 2011 | 6349239 | Series A | 9128155 | 4795566 | 4686362 | 1891716 |
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The Coffee Bean & Tea Leaf's founders and board of directors
Founder? Claim ProfileThe 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:
- Herbert B Hyman: Founder of The Coffee Bean & Tea Leaf and founder of 1 other company.
- John Fuller: CEO of The Coffee Bean & Tea Leaf.
View details of The Coffee Bean & Tea Leaf's Founder profiles and Board Members
The Coffee Bean & Tea Leaf's employee count trend
The Coffee Bean & Tea Leaf has 4,614 employees as of May 26. Here is The Coffee Bean & Tea Leaf's employee count trend over the years:
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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 First Watch. Here is the list of Top 10 competitors of The Coffee Bean & Tea Leaf, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Starbucks 1971, Seattle (United States), Public | Chain of limited-service restaurants serving coffee | - | 77/100 | |
2nd |  Blue Tokai Coffee Roasters 2013, Gurugram (India), Series C | Retailer of freshly roasted coffee beans | $113M | 72/100 | |
3rd | First Watch 1983, Bradenton (United States), Public | Chain of limited service restaurant | - | 72/100 | |
4th | Sleepy Owl 2016, Delhi (India), Series A | Retailer of premium instant coffee, cold brew, and coffee accessories | $12M | 71/100 | |
5th |  Third Wave Coffee 2016, Bengaluru (India), Series C | Internet first brand of roasted coffee beans, easy coffee bags, and cold brew | $69.9M | 70/100 | |
6th | Caribou Coffee 1992, Minneapolis (United States), Acquired | Chain of limited service restaurant | - | 69/100 | |
7th | YUM! Brands 1997, Louisville (United States), Acquired | Restaurants chains | - | - | 69/100 |
8th |  Cracker Barrel 1969, Lebanon (United States), Public | Chain of limited service restaurants | - | - | 69/100 |
9th | Devyani International 1991, Delhi (India), Public | Restaurant chain serving multiple dishes | $153M | 67/100 | |
10th |  Chipotle 1993, Newport Beach (United States), Public | Chains providing prepared meals and catering services | $1.5M | 67/100 | |
23rd | The Coffee Bean & Tea Leaf 1963, Los Angeles (United States), Acquired | Online retailer of premium coffee, tea, powders, drinkware, and equipment | $5M | 63/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on The Coffee Bean & Tea Leaf's competitors? Click here to see the top ones
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
Filter this listMedia has covered The Coffee Bean & Tea Leaf for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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The Coffee Bean & Tea Leaf Launches Perfect Americano MenuPR Newswire•May 27, 2026•The Coffee Bean & Tea Leaf
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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
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The Coffee Bean & Tea Leaf® Launches K-cup® Pods At Expo West 2024PR Newswire•Mar 14, 2024•The Coffee Bean & Tea Leaf
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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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