How much funding has HeyTea raised?

HeyTea has raised $732.7M in total funding, most recently a series d round.

Who are HeyTea's investors?

HeyTea's investors include Hillhouse Capital, Coatue Management, Sequoia Capital, IDG Capital.

Where is HeyTea headquartered?

HeyTea is headquartered in Beijing, China.

How many employees does HeyTea have?

HeyTea has 5001-10000 employees.

HeyTea

Originator of New Style Tea

Beijing, China · Founded 2012 · $732.7M raised

Retail

Headquarters: Beijing
Employees: 5001–10000
Founded: 2012
Business Model: B2C

Website: heytea.com
Total Funding: $732.7M
Last Round: $500.0M Series DJul 2021
Rounds: 4

About

Founded in 2012 in Jiangmen, Guangdong, HeyTea pioneered the 'new style tea' category by creating the first cheese tea, a blend of premium brewed tea topped with a salted cream cheese foam. Headquartered in Shenzhen's Nanshan District, the company has grown to operate thousands of stores across more than 40 Chinese cities as well as international locations in markets including Singapore and the United States. HeyTea positions itself as a premium lifestyle brand, combining high-quality tea ingredients with innovative flavor combinations and upscale store design.

Summary

HeyTea is a Retail company based in Beijing, China, founded in 2012. It has raised $732.7M in total across 4 rounds, most recently a $500.0M Series D round in Jul 2021. Investors include Hillhouse Capital, Coatue Management and Sequoia Capital.