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From The Creator Of Homebrew, Tea Raises $8.9M To Build A Protocol That Helps Open Source Developers Get Paid

PRIVATEDec 06, 2022•over 3 years ago

Amount Raised

$8.9 Million

ZugInformation TechnologySoftware

Investors

Round 13 Digital Assets FundPercival VcBetaworks VenturesAcuitas Group Holdings

Description

Tea, an open source unified package manager for software developers, today announced it has added another $8.9 million in seed funding to its coffer as it builds on recent momentum that has seen some 16,000 developers authenticate their software packages with Tea.

Company Information

Company

TEA

Location

Zug, Zug, Switzerland

About

Tea is a decentralized technology protocol that enables OSS developers to be rewarded for their software contributions

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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