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

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.