About Spinn
Spinn is a company based in San Francisco (United States) founded in 2014 by Serge de Warrimont and Roderick de Rode.. Spinn has raised $42.26 million across 5 funding rounds from investors including Spark Capital, Alexa Fund and Bar 9 Ventures. Spinn offers products and services including Spinn 2 Machines, Coffee Subscriptions, and Accessories. Spinn operates in a competitive market with competitors including Keurig, Acaia, WithMe, Smarter and Juicero, among others.
- Headquarter San Francisco, United States
- Founders Serge de Warrimont, Roderick de Rode
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Sectors
ConsumerRetail Technology
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Email
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Phone
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Website
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Social
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- Legal Name Spinn, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$42.26 M (USD)
in 5 rounds
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Latest Funding Round
$3.82 M (USD), Series B
Jul 18, 2023
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Investors
Spark Capital
& 3 more
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Employee Count
Employee Count
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Products & Services of Spinn
Spinn offers a comprehensive portfolio of products and services, including Spinn 2 Machines, Coffee Subscriptions, and Accessories. 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.
Advanced machine for brewing various coffee roasts at home.
Service delivering freshly roasted coffee regularly to subscribers.
Items like filters and cups to enhance coffee preparation.
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Funding Insights of Spinn
Spinn has successfully raised a total of $42.26M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $3.82 million completed in July 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 Total Funding
- Total Rounds 5
- Last Round Series B — $3.8M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series B - Spinn | Valuation |
investors |
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| Jun, 2021 | Amount | Series B - Spinn | Valuation | Spark Capital | |
| Dec, 2018 | Amount | Series A - Spinn | Valuation |
investors |
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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 Spinn
Spinn has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Spark Capital, Alexa Fund and Bar 9 Ventures. 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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Spark Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Investment capital is provided to companies in the coffee industry.
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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 Spinn
| 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 - Spinn
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Spinn Comparisons
Competitors of Spinn
Spinn 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 Keurig, Acaia, WithMe, Smarter and Juicero, 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 |
Provider of smart brewing coffee makers
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| domain | founded_year | HQ Location |
Smart coffee makers and accessories are retailed online.
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| domain | founded_year | HQ Location |
Limited information is available on core activities.
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| domain | founded_year | HQ Location |
Provider of Wi-Fi-enabled kitchen appliances
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| domain | founded_year | HQ Location |
Delivers IoT-enabled kitchen juicers for efficient home juicing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Spinn
Frequently Asked Questions about Spinn
When was Spinn founded?
Spinn was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Spinn located?
Spinn is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Spinn?
Roderick de Rode is the current CEO of Spinn. They have also founded this company.
Is Spinn a funded company?
Spinn is a funded company, having raised a total of $42.26M across 5 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Jun 01, 2015.
What does Spinn do?
Provider of smart coffee makers for homes. It uses centrifugal force to brew coffee eliminating the need for filters, pods, or capsules that reduces the amount of waste produced. The user can brew the coffee of their choice by sending the command to the device using the companion app. The application also allows users to order beans from a list of roasters.
What products or services does Spinn offer?
Spinn offers Spinn 2 Machines, Coffee Subscriptions, and Accessories.
Who are Spinn's investors?
Spinn has 4 investors. Key investors include Spark Capital, Alexa Fund, Bar 9 Ventures, and Highway1.
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