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Tiger Global Invests $300 M...

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

PB
PopUp BagelsBuyer

Jeff Lewis

PopUp Bagels

Seller

$11.9M

vol

3 deals

Seller
PB
PopUp BagelsSeller

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