HeyTea
Originator of New Style Tea
Beijing, China · Founded 2012 · $732.7M raised
- 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.
Tech & App Stack
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Funding History
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Jul 2021
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Series A through Series D — per-round amounts, valuations, and who invested in each round.
Investors
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