Briggo

Austin, United States Founded: 2011 • Age: 15 yrs Acquired By Costa
Robotic technology is utilized for automated coffee brewing.

About Briggo

Briggo is a company based in Austin (United States) founded in 2011, and was acquired by Costa in October 2020. Robotic technology is utilized for automated coffee brewing. Briggo has raised $23.88 million across 7 funding rounds from investors including Costa Coffee.

Company details

Founded in 2011 in Austin, United States, Briggo operates within the food and beverage sector, focusing on robotic automation for coffee preparation. Cloud computing and a mobile app are integrated to enable customized coffee orders without queues. The initial Coffee Haus was established at the University of Texas at Austins Flawn Academic Center, with expansion planned for airports, hospitals, corporate campuses, and universities.

Key Metrics
  • Total Equity Funding
    $23.88M (USD)

    in 7 rounds

  • Latest Funding Round
    $1.5M (USD), Series A

    Aug 2019

  • Investors
  • Acquired by
    Costa

    (Oct 2020)

Funding Insights of Briggo

Briggo has successfully raised a total of $23.88M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in August 2019. 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 $23.88M
  • Total Rounds 7
  • Last Round Series A β€” $1.5M
  • First Round $2.95M

    (Jan 2012)

All 7 funding rounds of Briggo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2019$1.5MSeries A––
–
Mar 2019$7MSeries A––
–
Feb 2017$3.45MSeries A––
–
Jan 2015$5.77MSeries A––
–
Jul 2013$2.15MDebt – Conventional––
–
Nov 2012$3.21MSeries A––
–
Jan 2012$2.95MSeries A––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Briggo

Briggo has secured backing from 1 investor. Prominent investors backing the company include Costa Coffee.

All
InvestorDescriptionFounded YearDomainLocation
Coffees are served in restaurants and cafes operated by Costa.
1997costa.co.ukHoughton Regis, United Kingdom
Premium access

Investor details for Briggo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Briggo

4 dated milestones of Briggo across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Briggo is founded.
  2. Funding First funding round of $2.9M.
  3. Funding Latest funding round, Series A, of $1.5M.
  4. Exit Acquired by Costa.

Web traffic of Briggo

The website of Briggo (briggo.com) receives about 3.7K visits a month.

  • Monthly visits
    3.7K

    ▲ 53.9% vs previous month

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Frequently Asked Questions about Briggo

Briggo was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Briggo is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Briggo is a funded company, having raised a total of $23.88M across 7 funding rounds to date. The company's 1st funding round was a Series A of $2.95M, raised on Jan 2012.

Founded in 2011 in Austin, United States, Briggo operates within the food and beverage sector, focusing on robotic automation for coffee preparation. Cloud computing and a mobile app are integrated to enable customized coffee orders without queues. The initial Coffee Haus was established at the University of Texas at Austins Flawn Academic Center, with expansion planned for airports, hospitals, corporate campuses, and universities.

Briggo has 1 investor. Key investors include Costa Coffee.

Yes. Briggo was acquired by Costa in October 2020.

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