Tiger Global Invests $300 Million In PopUp Bagels Valued At $300 Million
Building Size
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Asset Type
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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
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