founded in 1997 at phipps plaza in atlanta georgia . headquarters 2987 clairmont road ne suite 300 atlanta georgia 30329 united states products loose leaf tea made to order tea beverages tea related products number of employees 5000 parent starbucks website teavana.com teavana is a specialty tea and tea accessory retailer based in atlanta georgia . the company has over 400 locations throughout the united states canada mexico puerto rico and the middle east . 1 on december 31 2012 starbucks acquired teavana estimated around 620 million . 2 contents 1 history 2 products 2.1 tea types 2.2 tea products 2.2.1 blooming teas 3 stores 3.1 competitors 4 see also 5 references 6 external links history edit the new york stock exchange on july 28 2011 when teavana had its initial public offering which raised roughly 121 million . teavana was started in atlanta georgia in 1997 with the opening of the first teahouse at lenox square . the husband and wife team that created teavana invested their life savings into the teahouse concept after traveling abroad noticing the gravitation of americans towards fine wines and coffees in the united states . 3 in late 2012 starbucks stated it would be paying 620 million in cash to buy teavana holdings inc. 4 three class action lawsuits were commenced by shareholders of teavana concerning the starbucks buyout ; these were settled on december 14 2012 subject to court approval . 5 the acquisition of teavana by starbucks was formally closed on december 31 2012 . 6 7 products edit tea types edit teavana offers teas and herbal infusions with categories such as white green flavored & scented green blooming white black flavored & scented black oolong and pu erh teas along with rooibos herbal and yerba mat infusions . teavana retail stores generally offer various blends of each type of tea and consistently promote cross blending different types of tea . 8 in april 2014 starbucks and teavana collaborated with oprah winfrey to develop a tea called teavana oprah chai tea along with additional tea accessories . for every sale of oprah chai tea products starbucks will make a donation to the oprah winfrey leadership foundation academy which supports youth education . starbucks describes the tea as a bold infusion of cinnamon ginger cardamom and cloves blended with loose leaf black tea and rooibos . 9 tea products edit in addition to tea teavana sells tea products including cast iron tetsubin teapots bone china teapots japanese porcelain teapots and cups stove top kettles electric kettles milk frothers and automatic tea makers produced by australian company breville japanese hot water dispensers and electric tea makers produced by zojirushi tea measures tea infusion and steeping wares honey world music and asian books . teavana also markets rock sugar sourced from belgium . blooming teas edit blooming teas are an extremely popular form of tea in which various flowers and plants are hand rolled into specific shapes and placed into the bottom of a glass teapot . when the water is poured over these plants and allowed to steep the flowers bloom by unfurling and showing their true shape . many blooming teas are tied and rolled in such a way as to be as aesthetically pleasing as possible usually using a variety of colours and shapes . stores edit teavana retail stores are usually located in upscale shopping malls and designed to be part tea bar part tea emporium . 10 individual cups of tea to go are offered for sale and the retail locations offer free samples of various tea blends and tea varieties at their front door and within the store . teavana currently has over 355 stores . teavana in nashville tennessee competitors edit apart from generic tea brands such as lipton red rose tea and tetley teavana s competitors include art of tea nuovo tea stash tea company california tea house t2 the wellness group twg harney & sons sea at tea and davidstea . see also edit tazo another tea brand owned by starbucks references edit map of retail locations . melissa allison 2012 12 31 . starbucks closes teavana deal . the seattle times . retrieved 2013 03 01 . last accessed january 23 2008 . atlanta.bizjournals.com . retrieved on 2011 10 13 . starbucks buys teavana . huffington post . 2012 11 15 . annie gasparro 2012 12 14 . teavana reaches settlement with shareholders over starbucks deal . deal journal . wall street journal . retrieved 2013 03 01 . melissa allison 2012 12 31 . starbucks closes teavana deal . the seattle times . retrieved 2013 03 01 . starbucks closes teavana acquisition press release . starbucks newsroom . 2012 12 31 . retrieved 2013 03 01 . teavanna tea blends . retrieved 23 october 2013 . teavana oprah chai tea debuts at starbucks and teavana stores in the u.s. and canada . 2014 april 29 . retrieved november 24 2014 from http news.starbucks.com news teavana oprah chai tea debuts at starbucks and teavana stores in the u.s. aores in the u.s. a last accessed january 23 2008 . teavana.com . retrieved on 2011 10 13 . external links edit official website official blog v t e starbucks corporation corporate directors barbara bass bill bradley mellody hobson kevin johnson olden lee howard schultz james shennan clara shih javier teruel myron ullman craig weatherup assets and products 15th avenue coffee and tea ethos water evolution fresh hear music pasqua coffee seattle s best coffee starbucks coffee tata starbucks tazo tea company teavana torrefazione italia verismo by starbucks see also original starbucks starbucks israel v t e fast food and fast casual restaurant chains in the united states chicken chains coffeehouse chains pizza chains hamburgers a & w back yard big boy burger king carl s jr. checkers rally s cook out fatburger five guys freddy s fuddruckers the habit hardee s in n out jack in the box johnny rockets krystal mcdonald s roy rogers shake shack smashburger sonic steak n shake wayback wendy s whataburger white castle asian l & l hawaiian barbecue manchu wok panda express pei wei asian diner pick up stix sarku baked goods au bon pain auntie anne s bruegger s cinnabon corner bakery cafe dunkin donuts einstein bros. great american cookies honey dew donuts krispy kreme mrs. fields nestl toll house panera bread pretzelmaker pretzel time shipley do nuts tim hortons t.j. cinnamons wetzel s winchell s beverages argo tea biggby coffee caribou coffee bean & tea leaf coffee beanery dunn bros gloria jean s jamba juice juice it up orange julius peet s planet smoothie robeks seattle s best coffee smoothie king starbucks teavana tropical smoothie cafe tully s frozen desserts baskin robbins ben & jerry s braum s bruster s carvel cold stone culver s dairy queen dippin dots fosters freeze friendly s golden spoon graeter s h agen dazs handel s kiwi yogurt maggiemoo s marble slab menchie s pinkberry red mango rita s sweet frog tastee freez tcby tropical sno tutti frutti yogen fr z yogurtland hot dogs hot dog on a stick nathan s famous portillo s 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