Tiff’s Treats announced this week it has closed on $14 million in funding and plans to add additional stores.
The Austin-based cookie company reported the investment round was led by private equity firm, Capstar Partners, private investor Lew Little and included other institutional and individual investors. As part of the deal, Little joins the company’s board along with Whole Food Executive Lee Valkenaar.
Tiffany and Leon Chen founded Tiff’s Treats 16 years ago while students at the University of Texas at Austin. The company has since expanded statewide with 18 stores in Austin, San Antonio, Houston and Dallas-Fort Worth.
The company is known for baked-to-order cookies and brownies delivered warm to a house or office in about an hour.
Tiff’s Treats has raised $21.9 million to date, according to its CrunchBase profile.