Fundraising Fox

Tiesta TEA

Chicago, US · Founded 2010 · Delaware corporation · 25 employees on LinkedIn · 1 known investors

Ties Tea sells loose leaf tea beverages made with premium ingredients, organized into five functional categories based on each tea's natural health benefits (energy, weight management, antioxidants, immunity, and relaxation). Customers choose a tea by the effect they want and then select a flavor profile within that function.

Also known as Tiesta Tea · Tiesta Tea Company

Founders & leadership

Tiesta TEA was founded in 2010 by Daniel Klein and Patrick Tannous.

DK
Daniel KleinCo-founder
PT
Patrick TannousCo-founder
AS
Alex SosnovExecutive

Board

JN
Joseph NogalBoard director
BL
Brad LaConteBoard director
AH
Adam HarrisBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$6.1M disclosed across 4 of 5 rounds · 2014–2020

$4.9MofferedSep 2020 · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Joseph NogalDirector
  • Brad LaConteDirector
  • Daniel KleinExecutive Officer, Director, Promoter
  • Adam HarrisDirector, Promoter
  • Alex SosnovExecutive Officer
  • Patrick TannousExecutive Officer, Director, Promoter
Offering amount
$4.9M
Minimum investment
$10K
Proceeds to insiders
$100K
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.7MraisedJul 2020 · 18 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Joseph NogalDirector
  • Patrick TannousExecutive Officer, Director, Promoter
  • Daniel KleinExecutive Officer, Director, Promoter
  • Brad LaConteDirector
  • Alex SosnovExecutive Officer
  • Steve KaplanDirector
Offering amount
$2.7M
Amount sold
$2.7M
Minimum investment
$10K
First sale
Jan 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.5MraisedMar 2018 · 13 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Brad LaConteDirector
  • Patrick TannousExecutive Officer, Director, Promoter
  • Steve KaplanDirector
  • Daniel KleinExecutive Officer, Director, Promoter
  • Dan MalinaDirector
  • Alex SosnovExecutive Officer
Offering amount
$1.7M
Amount sold
$1.5M
Minimum investment
$5K
First sale
Jan 2017
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.1MraisedMar 2018 · 14 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Alex SosnovExecutive Officer
  • Steve KaplanDirector
  • Dan MalinaDirector
  • Brad LaConteDirector
  • Daniel KleinExecutive Officer, Director
  • Patrick TannousExecutive Officer, Director
Offering amount
$1.1M
Amount sold
$1.1M
Minimum investment
$25K
Sales commissions
$702.5K
Placement agents
Fundme Securities LLC
First sale
Nov 2015
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$825KraisedNov 2015 · 20 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Patrick TannousExecutive Officer, Director, Promoter
  • Bradley LaConteDirector
  • Shakeel RashedDirector
  • Bobby MoynihanExecutive Officer
  • Steven KaplanDirector
  • Daniel MalinaDirector
  • Daniel KleinExecutive Officer, Director, Promoter
  • Alex SosnovExecutive Officer
Offering amount
$825K
Amount sold
$825K
First sale
Jan 2014
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Tiesta Tea is a Chicago-based producer of loose leaf tea and tea beverages. Its catalogue is organized two ways: by tea type (black, green, white, oolong, rooibos, herbal, fruit, single origin, matcha and cold brew) and by five functional categories tied to the blends' natural health benefits — Energizer, Slenderizer, Immunity, Eternity and Relaxer — so a customer can select the intended effect first and then a flavor within that function. The company states it sources more than 150 ingredients from over 40 countries and uses whole fruits, herbs and spices rather than finely chopped bagged tea.

Beyond single-blend loose leaf tins and pouches, the product range includes cold brew pitcher packs and variety packs, samplers and starter kits, bundles, gift boxes, gift cards, subscription mystery boxes and brewing hardware such as the Brewmaster infuser, brew baskets, tea balls, biodegradable tea filters and iced tea pitchers. Retail list prices on the company's site run from roughly $3.95 for cold brew samples and $4.39 for single samples to about $45–$50 for larger blends and multi-tea samplers.

The company also runs a philanthropic arm, the Tiesta Tea Foundation, which funds assistance for people facing economic hardship, awareness and acceptance for people with special needs or disabilities, and clean drinking water projects, including water wells in Nigerian farming communities and Warmth Kits distributed in Chicago.

Founding story

The idea came from a study abroad semester in Prague taken by University of Illinois Urbana-Champaign friends Dan Klein and Patrick Tannous, who were struck by the popularity of tea and the number of teahouses there and asked why Americans were not drinking more tea. Enrolled in an entrepreneurship program at the university, they pitched a loose leaf tea retail concept offering high quality tea at reasonable prices to Jimmy John's founder Jimmy John Liautaud, whose advice they cite as "listen to your customers and outwork your competition." After about two years of preparation, the business launched in 2010; early obstacles they cite were limited access to capital and little business experience.

Business model

Tiesta Tea manufactures and sells loose leaf tea blends, cold brew and ready-to-drink teas, matcha, samplers, gift bundles and brewing accessories. It sells directly to consumers through its own e-commerce store, including a rewards program and subscription mystery boxes, and to businesses through wholesale, store-within-a-store, private label and corporate gifting programs.

Revenue comes from product sales: direct-to-consumer online orders of loose leaf tea, cold brew, matcha, gift sets and teaware, plus wholesale and retail distribution, private label production and corporate gifting. A portion of bottled tea sales is dedicated to funding water wells.

Traction

Products were reported as distributed in 8,000 stores nationwide, and the company operates as a manufacturer with its own warehouse capacity in Elk Grove Village. Retail traction includes Tea-Osk kiosks in all 71 Fresh Thyme Market stores across ten states. A data provider estimated 2026 annual revenue of $10M–$25M and approximately 25 employees.

Latest developments

A collaboration with Daily Crunch produced Sweet Chai Sprouted Almonds, unveiled at Expo West in March 2026. The company's site continues to promote new samplers, bundles, seasonal blends and cold brew products.

Full profile — market position, technology, go-to-market, geography, history

Market position

Tiesta Tea competes in the premium and functional tea segment against brands such as Mighty Leaf Tea, The Republic of Tea, The Tea Spot, Celestial Seasonings, Teavana, Numi Organic Tea and Traditional Medicinals. One data provider estimated annual revenue in the $10M–$25M range as of July 2026, placing it below larger packaged tea brands in that comparison set. Industry context cited by the company's founders notes traditional market tea sales declining ($2.58 billion in 2017 to $2.33 billion in 2018 per the Tea Association of the U.S.A.) while whole leaf and naturally flavored teas gained popularity, particularly with millennials.

The company positions itself on making tea selection simple by classifying blends into five function-based categories alongside flavor descriptions, on the use of whole loose leaf ingredients rather than chopped bagged tea, and on breadth of sourcing. Its founders describe triple pesticide testing of ingredients and pricing two-to-three times more affordable than competitors as its core unmet-need proposition.

Technology

The company's storefront runs on an e-commerce stack that includes imgix and Amazon S3 for content delivery, RSS, Carro, Flickity, reCAPTCHA, SchemaPlus and DailyKarma. Product-side technology includes the Brewmaster infuser, a dishwasher- and microwave-safe loose tea brewing device, biodegradable adhesive-free tea filters, and cold brew pitcher packs.

Go-to-market

Sales run through direct e-commerce on tiestatea.com, supported by a rewards program, samplers, bundles and seasonal promotions, and through retail distribution and wholesale channels. Retail expansion has included in-store Tea-Osk loose leaf kiosks with Fresh Thyme Markets, store-within-a-store and private label programs, corporate gifting, and brand collaborations such as the Daily Crunch Sweet Chai Sprouted Almonds flavor.

Everyday tea drinkers looking for approachable, function-based blends and affordable premium loose leaf tea, plus wholesale buyers such as grocery and specialty retailers, cafes, and companies buying corporate gifts or private label tea.

Geography

Headquartered in Chicago, Illinois, with a warehouse in Elk Grove Village, Illinois. Products are distributed in retail stores nationwide in the United States, including Fresh Thyme Market locations across ten states, and are sold online. One source reports employees across North America, Asia and Africa, and the company funds water well projects in Nigeria.

History

The company was founded by University of Illinois Urbana-Champaign classmates Dan Klein and Patrick Tannous, who spent roughly two years shaping the concept before Tiesta Tea came to fruition in 2010. It has been headquartered in Chicago, with an office in the River North area reported in 2016, and moved into a 23,000 square foot warehouse in Elk Grove Village in April 2017. It launched its first ready-to-drink line of cold brew teas in January 2018, and in late 2022 introduced the Tea-Osk loose leaf tea kiosk across all 71 Fresh Thyme Market stores in ten states. A flavor collaboration with sprouted-nut brand Daily Crunch, Sweet Chai Sprouted Almonds, was unveiled at Expo West 2026.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesJul 202625 people
Estimated annual revenueJul 2026$10M - $25M
Retail doors carrying productsJan 2019$8K
Warehouse spaceApr 201723,000 sq ft

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 6

launches, deals, and filings
Mar 2026
Flavor collaboration with Daily Crunch on Sweet Chai Sprouted Almonds

Daily Crunch Inc., maker of sprouted nuts, unveiled Sweet Chai Sprouted Almonds, a flavor collaboration with Tiesta Tea, at Expo West 2026.

source ↗

Jan 2023
Partnership with Fresh Thyme Markets for Tea-Osk kiosks

Tiesta Tea partnered with Fresh Thyme Markets to roll out its Tea-Osk kiosks in all 71 Fresh Thyme locations across 10 US states.

source ↗

Nov 2022
Launch of Tea-Osk loose leaf tea kiosk in Fresh Thyme Market stores

Tiesta Tea announced the launch of the Tea-Osk, a loose leaf tea kiosk, in all 71 Fresh Thyme Market stores across ten US states.

source ↗

Jan 2018
First ready-to-drink product line launched

Tiesta Tea, primarily known for loose leaf tea, launched its first ready-to-drink offering with a line of cold brew tea.

source ↗

Apr 2017
Move into 23,000 square foot warehouse in Elk Grove Village

The company said it had moved into a new 23,000 square foot warehouse in Elk Grove Village.

source ↗

Jan 2017
Partnership with ExtraSpecialTeas

Tiesta Tea has partnered with ExtraSpecialTeas since 2017.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Tiesta TEADelaware

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Tiesta TEA do?
Chicago-based loose leaf and cold brew tea maker that organizes its blends into five function-based wellness categories.
Who founded Tiesta TEA?
Tiesta TEA was founded by Daniel Klein, Patrick Tannous in 2010.
Who are Tiesta TEA's investors?
Tiesta TEA's investors include Illinois Ventures.
How much funding has Tiesta TEA raised?
Tiesta TEA has disclosed $6.1M raised across 4 of its 5 known rounds.
Where is Tiesta TEA headquartered?
Tiesta TEA is headquartered in Chicago, US.