S
Steaz
Organic Green Teas & All Natural Energy Drinks
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Aug 2016 | $0 | — | Undisclosed | — |
| EARLY VCOther financing | May 2008 | $11M | $44M | INventages Venture Capital | — |
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Steaz on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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