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Steaz

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Organic Green Teas & All Natural Energy Drinks

Doylestown Township, United StatesFounded 2002Energy
Valuation $50–100M Last recorded · 2008
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Steaz

Steaz, operating under The Healthy Beverage Company, is a producer of organic and Fair Trade certified ready-to-drink teas. The company was established in 2002 by co-founders Steven Kessler and Eric Schnell, both veterans of the natural foods industry who identified a market opportunity as schools began removing soft drinks and consumer interest in organic products grew. Their prior experience at Country Life Vitamins and Long Life Tea informed their venture into creating a healthier beverage alternative.

The business model is centered on a "triple-bottom-line" philosophy focusing on people, planet, and profitability. Steaz generates revenue through the sale of its beverage products via a multi-channel distribution strategy. Initially sold in natural food markets, the company expanded its reach through a distribution agreement with Polar Beverages in 2005, making its products available in major supermarkets, and later in retailers like Costco and Target. The company was acquired in July 2016 by Novamex, which now manages the brand under its NovaNaturals division. Before the acquisition, Steaz had raised $11M in a Series A funding round in 2008.

Steaz's product portfolio includes iced green teas, yerba mate, and energy drinks, all crafted with USDA Organic and Fair Trade certified ingredients. Key ingredients include green tea from Kenya and cane sugar from Paraguay. A significant milestone was the launch of Steaz Green Tea Soda, the first soda to be certified USDA Organic. The company has continued to expand its offerings, introducing products like Steaz Energy and, more recently, a line of Cactus Water beverages. A core component of its brand identity is social responsibility; Steaz is a member of 1% for the Planet, committing a portion of its revenue to environmental initiatives.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2002
Headquarters
Doylestown Township, United States
Employees
15
Open positions
None listed
Dealroom signal
75.5/100
Industry
Food, Energy
Sub-industry
Innovative Food
Sector
Energy, Tea, Organic, Fair Trade, Sustainable Development Goals, Climate Tech, Hard Tech
Business model
Manufacturing
Client focus
b2c

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Aug 2016 $0 — Undisclosed —
EARLY VCOther financing May 2008 $11M $44M INventages Venture Capital —
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Growth signals

Steaz website traffic

Latest recorded traffic for Steaz is 270 monthly website visits, down 54.2% over the last three months. Steaz's team grew 7.1% over the past year.

Latest monthly visits270 3-month web change-54.2% 1-year team growth+7.1%
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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

1 investor on the cap table

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

Series A1 investor entered at this stage

  • INventages Venture Capital
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Steaz 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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