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Tim Hortons - About the company

Tim Hortons is an acquired company based in Toronto (Canada), founded in 1964 by Jim Charade. It operates as a Chain of limited service restaurant offering coffee. Tim Hortons has raised $50M in funding. The company has 293 active competitors, including 14 funded and 15 that have exited. Its top competitors include companies like Starbucks, Caribou Coffee and Dutch Bros.

Company Details

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Registered Address
Jūrmala, Vienības prospekts 9
Key Metrics
Founded Year
1964
Location
Toronto, Canada
Stage
Acquired
Total Funding
$50M in 2 rounds
Latest Funding Round
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
6,960 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Burger King (Aug 27, 2014)

Tim Hortons's acquisition details

Tim Hortons got acquired by Burger King on Aug 27, 2014.
Click here to take a look at Tim Hortons's acquisition in detail
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Tim Hortons's funding and investors

Tim Hortons has raised a total funding of $50M over 2 rounds. Its first funding round was on Apr 07, 2020. Its latest funding round was a PE round on May 12, 2020 for $*****. 1 investor participated in its latest round. Tim Hortons has 3 institutional investors.

Here is the list of recent funding rounds of Tim Hortons:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 12, 2020
3982440
PE
3051752
6499142
1332961
8640957
Apr 07, 2020
6854250
PE
5470722
1260032
1806150
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Tim Hortons' founders and board of directors

Founder? Claim Profile
The founders of Tim Hortons is Jim Charade. Joshua Kobza is the CEO of Tim Hortons.
Here are the details of Tim Hortons' key team members:

Tim Hortons' employee count trend

Tim Hortons has 6,960 employees as of May 26. Here is Tim Hortons's employee count trend over the years:
Employee count trend for Tim Hortons
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Tim Hortons's Competitors and alternates

Top competitors of Tim Hortons include Starbucks, Caribou Coffee and Dutch Bros. Here is the list of Top 10 competitors of Tim Hortons, 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 Caribou Coffee
Caribou Coffee
1992, Minneapolis (United States), Acquired
Chain of limited service restaurant
-
69/100
3rd
Logo for Dutch Bros
Dutch Bros
1992, Grants Pass (United States), Public
Drive-thru coffee chain offering specialty drinks, rewards, and merchandise
-
65/100
4th
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
5th
Logo for Tim Hortons
Tim Hortons
1964, Toronto (Canada), Acquired
Chain of limited service restaurant offering coffee
$50M
63/100
6th
Logo for Blank Street
Blank Street
2020, Brooklyn (United States), Series B
Operator of a chain of coffee shops offering high-quality coffee and food
$202M
62/100
7th
Logo for 7 BREW
7 BREW
2015, Rogers (United States), Acquired
Chain of coffee cafe
-
56/100
8th
Logo for Gregorys Coffee
Gregorys Coffee
2006, New York City (United States), Seed
Coffee, food, and community: a New York City coffee experience
-
55/100
9th
Logo for Scooter’s Coffee
Scooter’s Coffee
1998, Omaha (United States), Funding Raised
Coffeehouse chain serving specialty coffee, drinks, and treats with a smile
-
54/100
10th
Logo for Beans & Brews
Beans & Brews
1993, Salt Lake City (United States), Unfunded
Roaster and retailer of high-altitude coffee, plus merchandise and gift cards
-
-
53/100
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Tim Hortons's Investments and acquisitions

Tim Hortons has made no investments or acquisitions yet.

Reports related to Tim Hortons

Here is the latest report on Tim Hortons's sector:

News related to Tim Hortons

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Media has covered Tim Hortons for a total of 29 events in the last 1 year, 23 of them have been about company updates and 1 about partnerships.
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FAQs about Tim Hortons

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