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Tiger Global Invests $300 Million In PopUp Bagels Valued At $300 Million
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Tiger Global Invests $300 Million In PopUp Bagels Valued At $300 Million
Summary
Transaction Type:Sale
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.
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