Koffie Labs

Brooklyn, United States Founded: 2019 • Age: 7 yrs
Serves as a transportation insurance carrier for reliable coverage solutions.
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About Koffie Labs

Koffie Labs is a company based in Brooklyn (United States) founded in 2019 by Ian White and Mike Dorfman. It operates as a B2B. Koffie Labs has raised $15.5 million across 2 funding rounds from investors including Breakout Capital, Plug and Play Tech Center and Lerer Hippeau. Koffie Labs operates in a competitive market with competitors including Hagerty, HDVI, Cover Whale, Falcon Insurance Group and Aanika, among others.

  • Headquarter Brooklyn, United States
  • Founders Ian White, Mike Dorfman
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $15.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $11 M (USD), Series A

    Jul 19, 2022

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Koffie Labs

Koffie Labs has successfully raised a total of $15.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in July 2022. 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
  • Total Rounds 2
  • Last Round Series A — $11.0M
  • First Round

    (23 Feb 2021)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2022 Amount Series A - Koffie Labs Valuation Anthemis Group
Feb, 2021 Amount Seed - Koffie Labs Valuation Lerer Hippeau , Anthemis Group
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Koffie Labs

Koffie Labs has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Breakout Capital, Plug and Play Tech Center and Lerer Hippeau. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early and growth-stage startups are funded by Anthemis Group.
Founded Year Domain Location
Startups are accelerated and invested in across multiple tech sectors.
Founded Year Domain Location
USA focused VC firm investing in seed and early stage startups
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Koffie Labs

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Koffie Labs

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Koffie Labs Comparisons

Employees
+
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Competitors of Koffie Labs

Koffie Labs 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 Hagerty, HDVI, Cover Whale, Falcon Insurance Group and Aanika, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Automotive insurance solutions are provided to vehicle users.
domain founded_year HQ Location
Telematics-based data & monitoring solutions for auto insurers and fleet owners
domain founded_year HQ Location
Commercial truck insurance is provided for wholesale and retail sectors.
domain founded_year HQ Location
Auto insurance coverage is offered nationwide by Falcon Insurance Group.
domain founded_year HQ Location
Traceability solutions for agricultural products are provided using microbial-based tags.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Koffie Labs

Frequently Asked Questions about Koffie Labs

When was Koffie Labs founded?

Koffie Labs was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Koffie Labs located?

Koffie Labs is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.

Who is the current CEO of Koffie Labs?

Ian White is the current CEO of Koffie Labs. They have also founded this company.

Is Koffie Labs a funded company?

Koffie Labs is a funded company, having raised a total of $15.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.5M, raised on Feb 23, 2021.

What does Koffie Labs do?

Koffie Labs, founded in 2019 in Brooklyn, United States, focuses on offering insurance products, providing transportation services, carrier services, and logistics insurance. Serves as a transportation insurance carrier for reliable coverage solutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Who are the top competitors of Koffie Labs?

Koffie Labs's top competitors include Hagerty, HDVI and Cover Whale.

Who are Koffie Labs's investors?

Koffie Labs has 8 investors. Key investors include Breakout Capital, Plug and Play Tech Center, Lerer Hippeau, Anthemis Group, and C2 Ventures.

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