TeaLeaf, a company specializing in tea trade and distribution, announced that it has raised $6 million in funding with support from FasterCapital, according to an official press release.
Founded in 2020, TeaLeaf aims to develop an innovative e-commerce platform to enhance transparency in the tea market. The platform provides businesses and traders with accurate information on tea quality and pricing while offering sales services targeted at both companies and individual consumers.
The company was founded in the United States by Maggie Lubin and Roland Heath, who were inspired to create TeaLeaf after attending a tea-tasting event where they observed a lack of transparency in the global tea market.
TeaLeaf joined FasterCapital’s Raise Capital program, which utilizes an AI-powered platform to connect startups with angel investors and venture capital firms, backed by a team of financial experts.
This investment comes shortly after FasterCapital launched a new initiative to support startups in the electric vehicle sector, further aligning with its strategy to expand investments in innovative fields.
