About Philz Coffee
Philz Coffee is a company based in San Francisco (United States) founded in 2003 by Phil Jaber and Jacob Jaber was acquired by Freeman Spogli in August 2025.. Philz Coffee has raised $68 million across 3 funding rounds from investors including TPG, Freeman Spogli and Summit Partners. Philz Coffee offers products and services including Coffee Beans, Merchandise, Gift Cards, and Subscriptions. Philz Coffee operates in a competitive market with competitors including Black Rifle Coffee Company, Peet's Coffee & Tea, Bulletproof, Blue Bottle Coffee and SUNNIVA Super Coffee, among others.
- Headquarter San Francisco, United States
- Founders Phil Jaber, Jacob Jaber
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$68 M (USD)
in 3 rounds
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Latest Funding Round
$45 M (USD), Series C
Sep 13, 2016
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Investors
TPG
& 7 more
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Employee Count
Employee Count
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Acquired by
Freeman Spogli
(Aug 04, 2025)
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Products & Services of Philz Coffee
Philz Coffee offers a comprehensive portfolio of products and services, including Coffee Beans, Merchandise, Gift Cards, and Subscriptions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fresh roasted beans for home brewing and daily use.
Branded items like mugs and apparel for coffee enthusiasts.
Digital or physical cards for purchasing coffee products.
Regular delivery of fresh coffee beans to subscribers.
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Funding Insights of Philz Coffee
Philz Coffee has successfully raised a total of $68M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $45 million completed in September 2016. 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 Funding
- Total Rounds 3
- Last Round Series C — $45.0M
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First Round
First Round
(15 May 2013)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Series C - Philz Coffee | Valuation | TPG |
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| Feb, 2015 | Amount | Series B - Philz Coffee | Valuation | Summit Partners | |
| May, 2013 | Amount | Series A - Philz Coffee | Valuation | Summit Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Philz Coffee
Philz Coffee has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include TPG, Freeman Spogli and Summit Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location | |
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Early-stage tech-focused VC firm investing primarily in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Philz Coffee
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Philz Coffee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Philz Coffee Comparisons
Competitors of Philz Coffee
Philz Coffee 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 Black Rifle Coffee Company, Peet's Coffee & Tea, Bulletproof, Blue Bottle Coffee and SUNNIVA Super Coffee, 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 |
Coffee products are sold online as an internet-first brand.
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| domain | founded_year | HQ Location |
Speciality coffee and tea brand
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| domain | founded_year | HQ Location |
Bulletproof was founded in 2013 by Dave Asprey in Seattle.
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| domain | founded_year | HQ Location |
Specialty coffee is roasted and retailed by Blue Bottle Coffee.
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| domain | founded_year | HQ Location |
Coffee beverages are manufactured and marketed in various flavors.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Philz Coffee
Frequently Asked Questions about Philz Coffee
When was Philz Coffee founded?
Philz Coffee was founded in 2003 and raised its 1st funding round 10 years after it was founded.
Where is Philz Coffee located?
Philz Coffee is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Philz Coffee?
Mahesh Sadarangani is the current CEO of Philz Coffee.
Is Philz Coffee a funded company?
Philz Coffee is a funded company, having raised a total of $68M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on May 15, 2013.
What does Philz Coffee do?
Philz Coffee was established in 2003 in San Francisco, United States, within the coffee retail sector. Operations center on preparing and distributing single-cup specialty coffees through company-owned outlets. A range of blends and custom brews is provided to customers, emphasizing direct sourcing and quality control. Leadership includes co-founders Phil Jaber and Jacob Jaber, CEO Mahesh Sadarangani, and COO Adam Stansberry, with activities primarily concentrated in urban areas of the country.
Who are the top competitors of Philz Coffee?
Philz Coffee's top competitors include Black Rifle Coffee Company, Peet's Coffee & Tea and Bulletproof.
What products or services does Philz Coffee offer?
Philz Coffee offers Coffee Beans, Merchandise, Gift Cards, and Subscriptions.
Who are Philz Coffee's investors?
Philz Coffee has 8 investors. Key investors include TPG, Freeman Spogli, Summit Partners, Tuesday Capital, and Cowboy Ventures.
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