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Seesaw Coffee

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Seesaw Coffee provides unique coffee experiences to the communities

Changning District, ChinaFounded 2012eCommerce & Marketplaces
Valuation $50–100M Last recorded · 2021
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Seesaw Coffee and the history behind them.

About Seesaw Coffee

Seesaw Coffee, established in Shanghai in 2012 by Tom Zong and Sally Wu, stands as one of the pioneering specialty coffee chains in China. The founders leveraged their respective backgrounds, with Zong's expertise in business operations and supply chains complementing Wu's experience in marketing and brand building, to launch the venture. Their journey began with a shared passion for coffee and a vision to introduce a high-quality, specialty coffee culture to the Chinese market.

The company operates in the rapidly expanding Chinese specialty coffee market, targeting urban consumers who appreciate high-quality beverages and a distinct café experience. Seesaw's business model is centered on a direct-to-consumer approach through its chain of physical stores, which have grown to nearly 50 locations across major Chinese cities including Shanghai, Beijing, and Shenzhen. Revenue is primarily generated from the sale of handcrafted coffee beverages, coffee beans, and other related merchandise within these retail outlets. The company has also expanded its reach through online sales channels, offering products like drip bag coffee and coffee beans.

Seesaw's core offering is its specialty coffee, with a strong emphasis on sourcing high-quality beans directly from farms in regions like Yunnan, China, as well as other global coffee-growing areas. This direct-sourcing strategy allows for greater control over quality and fosters relationships with coffee producers. The in-store experience is a crucial component of their brand, with each location designed to be a creative and welcoming space that reflects local culture while maintaining a consistent brand identity. Beyond beverages, the product line includes retail coffee beans, drip bags, and branded merchandise, catering to both in-store customers and at-home brewers. A significant milestone for the company was securing over 100 million yuan (approximately $15.4 million) in a Series A+ funding round in July 2021, led by Heytea, which has supported its network expansion and supply chain enhancements.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
Changning District, China
Employees
36
Open positions
None listed
Dealroom signal
54.3/100
Industry
Food
Sector
eCommerce & Marketplaces
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC Dec 2021 — — BA Capital —
SERIES A✓Equity / VC Jul 2021 $15M $62M Hony Capital · HeyTea —
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Seesaw Coffee website traffic

Latest recorded traffic for Seesaw Coffee is 1.2K monthly website visits, down 14.3% over the last three months. Seesaw Coffee's team grew 0% over the past year.

Latest monthly visits1.2K 3-month web change-14.3% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • HeyTea
  • Hony Capital
  • BA Capital
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇳 China94.1%
🇺🇸 United States5.9%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Seesaw Coffee on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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