BibeCoffee

Marousi, Greece Founded: 2017 • Age: 9 yrs
Coffee vending machines are provided for distributors and shops.

About BibeCoffee

BibeCoffee is a company based in Marousi (Greece) founded in 2017 by Panagiotis Vrettos and Vasilis Apostolopoulos. BibeCoffee has raised $2.73 million across 3 funding rounds from investors including Eleven, Venture Friends and Uni.Fund. BibeCoffee offers products and services including Telemetry Device, Web Platform, and Coffee Grinders Solution. BibeCoffee operates in a competitive market with competitors including Generation NEXT Franchise Brands and Robovendi, among others.

  • Headquarter Marousi, Greece
  • Founders Panagiotis Vrettos, Vasilis Apostolopoulos
  • Sectors
    Consumer
    Retail Industrial Goods & Manufacturing
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website bibecoffee.com
  • Social LinkedIn Facebook Instagram
Key Metrics
  • Total Equity Funding
    $2.73M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.28M (USD), Series A

    Jan 2023

  • Investors
    Eleven

    & 2 more

Products & Services of BibeCoffee

BibeCoffee offers a comprehensive portfolio of products and services, including Telemetry Device, Web Platform, and Coffee Grinders Solution.

Telemetry Device
IoT Hardware

Hardware for real-time monitoring of coffee machine performance and metrics.

Web Platform
Software Platform

Platform for accessing and analyzing coffee machine data remotely.

Coffee Grinders Solution
IoT Hardware

Device for tracking usage and efficiency in coffee grinders.

Funding Insights of BibeCoffee

BibeCoffee has successfully raised a total of $2.73M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.28 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $2.73M
  • Total Rounds 3
  • Last Round Series A β€” $2.28M
  • First Round $448,938

    (Apr 2019)

  • Investors Count 3

All 3 funding rounds of BibeCoffee with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2023$2.28MSeries A–Eleven
Oct 2020–Seed–Venture Friends, Uni.Fund
–
Apr 2019$448,938Seed–Uni.Fund
–
Valuation history

3 investors in total: 3 institutional.

Investors in BibeCoffee

BibeCoffee has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Eleven, Venture Friends and Uni.Fund.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
-
–11.vc-
Investments are made in proptech, fintech, SaaS, and multiple sectors.
–venturefriends.vcAthens, Greece
-
–uni.fund-
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Investor details for BibeCoffee

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People of BibeCoffee

5 people are tracked at BibeCoffee (4 in leadership, 1 in team).

NameRoleGroup
Panagiotis Vrettos
Co-FounderLeadership
Vasilis Apostolopoulos
Co-FounderLeadership
Panos Vrettos
Co-FounderLeadership
Vasilis Papadoperakis
Chief Operating OfficerLeadership
Penny Nanopoulou
Operations & HR LeadTeam
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Timeline of BibeCoffee

3 dated milestones of BibeCoffee across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded BibeCoffee is founded.
  2. Funding First funding round of $449K.
  3. Funding Latest funding round, Series A, of $2.3M.

Competitors of BibeCoffee

BibeCoffee operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Generation NEXT Franchise Brands and Robovendi, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gennextbrands.com2010San Diego, United States––
Provides automated robotic vending solutions for franchise businesses.
robovendi.com2019Athens, Greece––
Delivers fully automated vending machine solutions for businesses.
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Detailed competitors of BibeCoffee

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Web traffic of BibeCoffee

The website of BibeCoffee (bibecoffee.com) receives about 4.4K visits a month.

  • Monthly visits
    4.4K

    ▲ 67.6% vs previous month

Latest news on Bibecoffee

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Similar companies to BibeCoffee

10 companies that operate in the same segment as BibeCoffee (Food & Beverage Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform food ordering and delivery service
2008Gurugram, Haryana, IndiaUSD 1.69 BUSD 5.79 B7,780
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.47 BUSD 10.72 B23,700
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,490
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B––
Food and market delivery services are provided by iFood.
2011Sao Paulo, BrazilUSD 590.8 M––
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
Restaurant operations are managed via a cloud-based platform.
2011Boston, Massachusetts, United StatesUSD 1.15 BUSD 6.15 B5,700
Online platform offering discovery of local deals, experiences, and rewards
2015Gurugram, Haryana, IndiaUSD 105.82 MUSD 37.82 M414
Wolt is operated as a delivery platform for food and groceries.
2014Helsinki, FinlandUSD 827.96 M––
Food delivery services are offered in major Indian cities.
2012Mumbai, Maharashtra, IndiaUSD 97.72 MUSD 39.01 M3,150
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Frequently Asked Questions about BibeCoffee

BibeCoffee was founded in 2017 and raised its 1st funding round 2 years after it was founded.

BibeCoffee is headquartered in Marousi, Greece. It is registered at Marousi, Attica, Greece.

BibeCoffee is a funded company, having raised a total of $2.73M across 3 funding rounds to date. The company's 1st funding round was a Seed of $448.94K, raised on Apr 2019.

BibeCoffee was founded in 2017 in Marousi, Greece, within the coffee services sector. Solutions for coffee vending machines are offered to coffee makers, distributors, machine manufacturers, maintenance firms, chains, and shops. Operations include machine provision and a mobile application for consumption monitoring. Focus is placed on supporting coffee industry stakeholders across these areas.

BibeCoffee's top competitors include Generation NEXT Franchise Brands and Robovendi.

BibeCoffee offers Telemetry Device, Web Platform, and Coffee Grinders Solution.

BibeCoffee has 3 investors. Key investors include Eleven, Venture Friends, and Uni.Fund.

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