Onramp Funds
11 Case Studies
A Onramp Funds Case Study
Tea with Tae, an eCommerce tea blending and gifting company, experienced explosive growth that required funding to purchase a specialized tea machine and bolster inventory for their global sourcing. Founders Tae and Roderick needed a flexible financial solution that could adapt to their business's fluctuating performance without the risks of personal financial strain or selling equity. They chose to work with Onramp Funds.
Onramp Funds provided a flexible funding structure that scaled with the business's revenue, allowing for manageable payments even during slower periods. This solution enabled Tea with Tae to acquire the crucial machinery and increase inventory, supporting their 400% annual sales growth. The funding from Onramp was instrumental in helping the company expand its retail partnerships and achieve its goal of being sold in all 50 U.S. states without taking on excessive risk.