TeaVibe
Date of Foundation
2023

TeaVibe

"Medicinal, zero-sugar Ice Tea brand, TeaVibe."

The Idea origin story

Currently there aren't meany Ice Tea Brands on the market. TeaVibe is an amazing tasting Ice Tea product that has a series of ingredients from hibiscus, rooibos, chamomile and others that have proven healing and health benefits. We use stevia to sweeten and they are great tasting.

The Mission

To bring life long health to the world and reduce the use of sodas by creating amazing tasting healthy and replenishing drinks

Clients

I like that

Problems we solve

Client’s problem

Each drink focuses on a different problem from energy, sleep, anxiety, immunity, vitality and overall health

Confirmation of problem

the global rate of chronic diseases is on the rise and many sodas contain harmful ingredients.

Solution

To become a unicorn startup with TeaVibe, you need to first validate your market. This involves understanding who is going to buy your drinks

Our technologies

This solution is based on technologies

Leveraging FoodTech and BioTech for ingredient research, e-commerce platforms for online sales, AI for data analysis & CRM for customer relation.

How it works

1. Vision and Unique Value Proposition: Your startup needs a clear vision that addresses a specific problem in a unique way. This should be something that sets it apart from others in the market. 2. Scalable Business Model: For your startup to become a unicorn, it has to swiftly scale up operations and revenues while keeping costs manageable. A scalable business model would allow growth without proportional increases in cost. 3. Build an Excellent Team: Surround yourself with talented individuals who share your passion for the company's

Value for the client

TeaVibe offers health-boosting, tasty iced teas aimed to provide energy, improve sleep & immunity while offering an alternative to sodas.

Market and strategy

Market size

$430 million

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

30

% of the market

Is our goal in the next 3 years

Team

My name’s

David Price

My key role in the product

Your key role is a Founder and you're responsible for developing the product, overseeing Project Management, website building, and business growth.

Team size and key members

Consider adding a technical co-founder, a product manager, marketing expert, financial advisor and a legal counsel. Diversity in skills uplifts startups.

Competitors

Competitors

Sure, in addition to Lipton Ice Tea and Bos brands, other potential competitors could be Nestea, AriZona Iced Tea and Honest Tea. These brands also offer variations of ice tea and may target similar customer demographics as yours.

Our Advantages

Experience an array of exquisite flavours with our diversified selection of handpicked tea ingredients, designed to indulge your senses in premium taste.

Business model

Help me with the answer

Traction

Our product is currently in the development phase, diligently working towards significant advancements. Facing challenges but equipped to evolve. In due time we'll reveal exciting updates!

Experiencing exponential growth, our company swiftly advances through milestones. Harnessing innovation and dedication, we redefine industry standards while amplifying customer satisfaction. We're on an unwavering journey to success, continuously outdoing ourselves.

Metrics

AOV is the average spending per order. Repeat purchase refers to how often customers buy again, a count of loyalty rate essentially. Churn reflects customer attrition over time while CLV estimates total revenue from loyal clients across their lifetime relationship with your startup.

Incorporation

Our company incorporated in

Sydney

Key risks

Some main risks could include market competition from both small and large beverage companies, regulations around health benefit claims, consumer taste preference for sugary drinks, securing consistent quality ingredient supply, and scaling production effectively.

Investments

$

10

We raised investments

Our Investors

Angel Investor

Rising Investments

$

2,000,000

Currently, we are raising investments

$

$2,500,000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Idea