Premium Instant Tea Company Gets $2.5 Million Financial Boost
Round comprise Organic X Labs, Smart Capital and Service Provider’s Capital. Jay
Hirsch of James Cali along with Break Trail Ventures of S Cap will combine Cusa’s board
Lamancusa stated the financing”comes at a perfect moment.
Published at Tue, 18 Jun 2019 17:07:26 +0000
The Series A round, led by Break Trail Ventures and S Cap, brings total financing to $3.6 million. Cusa organic tea uses real fruit and spices to cold-steep tea before it’s transformed into powder that is packaged as 10 only sticks. Packs market for $9.99.
“Cusa Tea is innovating in a big, but stagnant
Cusa is sold at 1,400 places including Sprouts,
REI, King Soopers, Safeway, HEB and Cost Plus World Market.
Adding this many new retailers and brand new goods in this short period of time is
Source: Cusa Tea
Category,” said Jim Lamancusa, founder and CEO of Cusa Tea. “The tea class has not seen anything new for a lengthy time. Together with our patented cold-brew,
evaporative dehydration process, we can provide a superior cup of tea seconds
with any form of water, anywhere, all without sugar or artificial flavourings.
We only use organic tea and fruit and spices.”
Investors recently provided a $2.5 million increase to
“Cusa Tea is a breakthrough in the tea group and
Expand development and distribution of Boulder, Colo.-based Cusa Tea.
We are bringing something new to the tea aisle and enabling tea drinkers to earn premium tea wherever they go, without the need for hot water, steeping a tea
bag and then finding somewhere to dispose of the wet, soggy bag.”
He said the firm will used the funds to”expand
“Given its flavor, versatility and clean label, there
In a release he said,”Retailers love the truth that
Flavors include conventional teas like organic oolong and green tea as well as blends that include English cherry, cherry green, lemon black, chai and peach.
Our team, support our present retailers, grow into new retailers, as well as
launching some exciting new products. Our technologies may be used for all
drinks, not tea, so we look forward to bringing other healthy and
convenient drinks to the market very soon.”
Provides the potential for disruption across the broader healthy beverage
marketplace,” writes S CAP founder Jim Cali. “We’ve found it to be a superior cup
of hot tea, winning awards in the Global Tea Championship versus the best
loose leaf and tote competitors in the world. In addition, it combines quickly in cold
watertransforming a jar of water into a superior iced tea beverage.”
Is nothing on the market like it. We see enormous potential for Cusa as a stage extending its reach from the beverage area that is refreshment and functional. S
CAP is thrilled to a part of the Cusa Tea group,” writes Cali.
Cusa launched in 2017. New investors in the newest