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Tiger Global Invests $300 M...

Tiger Global Invests $300 Million In PopUp Bagels Valued At $300 Million
SOLD

Tiger Global Invests $300 Million In PopUp Bagels Valued At $300 Million

Building Size

Asset Type

Closing

Apr 13, 2026

AI

Tiger Global has agreed to invest in PopUp Bagels at a $300 million valuation. This represents a significant increase from its previous valuation five months ago, driven by the brand’s rapid expansion across the U.S.

Summary of transaction details:

  • Deal Type: Investment
  • Transaction Amount: $300,000,000
  • Company Name: PopUp Bagels
  • Founders: Adam Goldberg & Jeff Lewis
  • Headquarters: Westport, Connecticut
  • Notable Investors: Tiger Global, Stripes, Tastemaker Capital Partners
  • Current Locations: 29
  • Planned Locations: Up to 300 across the U.S. over the next four years

PopUp Bagels has developed a dedicated customer base with its smaller, fluffier bagels. The brand's rapid growth and the backed investment from Tiger Global highlight its potential for further national expansion.

Players

Jeff Lewis

Seller

$11.9M

vol

3 deals

Seller

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93