Tiff’s Treats, an Austin, TX-based cookie delivery company, raised more than $14m in debt and equity funding.
The Series C round was led by private equity firm, Capstar Partners, private investor Lew Little, and included other institutional and individual investors. In conjunction with the funding, Lew Little, former CEO Harden Healthcare, will be joining the Tiff’s Treats board of directors, along with former Whole Foods executive, Lee Valkenaar.
The company intends to use the funds to continue to grow and expand, including to new geographies, to take its business beyond 18 stores in 4 cities in Texas.
Founded in 1999 by Tiffany Taylor Chen and Leon Chen, Tiff’s Treats makes and delivers cookies and brownies to home or office in about an hour. All cookies and brownies are baked fresh from premium ingredients and delivered warm from the oven in a white box complete with a colorful ribbon.
The company has 18 stores in the Austin, Dallas/Fort Worth, Houston, and San Antonio.
FinSMEs
17/08/2015