Spinn Coffee Overview
- Year Founded
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2014
- Status
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Private
- Employees
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52
- Latest Deal Type
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Crowdfunding
- Latest Deal Amount
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$3.97M
- Investors
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15
Spinn Coffee General Information
Description
Developer of internet-connected coffee machines designed to automate coffee making. The company's machine uses a WiFi connection that brews coffee using patented centrifugal technology, providing consumers with different types of coffee drinks brewing methods through automated coffee making.
Contact Information
Website
www.spinn.comCorporate Office
- 1040 Mariposa Street
- San Francisco, CA 94107
- United States
Corporate Office
- 1040 Mariposa Street
- San Francisco, CA 94107
- United States
Spinn Coffee Timeline
Spinn Coffee Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Equity Crowdfunding | 01-Oct-2023 | $3.97M | Completed | Generating Revenue | ||
7. Later Stage VC | 18-Jul-2023 | Cancelled | Generating Revenue | |||
6. Later Stage VC (Series B) | 10-Jan-2022 | Completed | Generating Revenue | |||
5. Later Stage VC (Series A) | 22-Jan-2020 | Completed | Generating Revenue | |||
4. Early Stage VC (Series A) | 26-Dec-2018 | Completed | Startup | |||
3. Early Stage VC (Series A) | 10-Feb-2016 | Completed | Startup | |||
2. Accelerator/Incubator | 16-Feb-2015 | $50K | $450K | Completed | Startup | |
1. Corporate | 30-Oct-2014 | $400K | $400K | Completed | Startup |
Spinn Coffee Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A-4 | ||||||||
Series A-3 | ||||||||
Series A-11 | ||||||||
Series A-10 | ||||||||
Series A-9 | ||||||||
Series A-8 | ||||||||
Series A-7 | ||||||||
Series A-6 | 548,728 | $0.000100 | $2.68 | $2.68 | 1x | $2.68 | 3.43% | |
Series A-5 | 870,995 | $0.000100 | $2.74 | $2.74 | 1x | $2.74 | 5.44% |
Spinn Coffee Comparisons
Industry
Financing
Details
Spinn Coffee Competitors (7)
One of Spinn Coffee’s 7 competitors is La Marzocco, a Formerly PE-Backed company based in Paris, Italy.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
La Marzocco | Formerly PE-Backed | Paris, Italy | ||||
Nespresso | Private Equity-Backed | Vevey, Switzerland | ||||
La Marzocco USA | Corporation | Seattle, WA | ||||
Keurig | Formerly PE-Backed | Burlington, MA | ||||
Luigi Lavazza | Private Debt Financed | Turin, Italy |
Spinn Coffee Patents
Spinn Coffee Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20230140751-A1 | Connected brewing machine with shared brewing recipes | Pending | 01-Nov-2021 | ||
US-20230309736-A1 | Improved self-cleaning centrifugal coffee brewer | Pending | 07-Sep-2020 | ||
EP-4210546-A1 | Improved self-cleaning centrifugal coffee brewer | Pending | 07-Sep-2020 | ||
EP-4157045-A1 | Centrifugal coffee brewer | Pending | 25-May-2020 | ||
US-20230200580-A1 | Centrifugal coffee brewer | Pending | 25-May-2020 | A47J31/22 |
Spinn Coffee Signals
Spinn Coffee Investors (15)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
10X Capital | Venture Capital | Minority | ||
Alexis Ohanian | Angel (individual) | Minority | ||
Amazon Alexa Fund | Corporate Venture Capital | Minority | ||
Bar 9 Ventures | Venture Capital | Minority | ||
Dan Shapiro | Angel (individual) | Minority |
Spinn Coffee FAQs
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When was Spinn Coffee founded?
Spinn Coffee was founded in 2014.
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Where is Spinn Coffee headquartered?
Spinn Coffee is headquartered in San Francisco, CA.
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What is the size of Spinn Coffee?
Spinn Coffee has 52 total employees.
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What industry is Spinn Coffee in?
Spinn Coffee’s primary industry is Household Appliances.
-
Is Spinn Coffee a private or public company?
Spinn Coffee is a Private company.
-
What is Spinn Coffee’s current revenue?
The current revenue for Spinn Coffee is
. -
How much funding has Spinn Coffee raised over time?
Spinn Coffee has raised $48.4M.
-
Who are Spinn Coffee’s investors?
10X Capital, Alexis Ohanian, Amazon Alexa Fund, Bar 9 Ventures, and Dan Shapiro are 5 of 15 investors who have invested in Spinn Coffee.
-
Who are Spinn Coffee’s competitors?
La Marzocco, Nespresso, La Marzocco USA, Keurig, and Luigi Lavazza are some of the 7 competitors of Spinn Coffee.
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