Prefer Overview

  • Year Founded
  • 2022

Year Founded

  • Status
  • Private

  • Employees
  • 8

Employees

  • Latest Deal Type
  • Grant

  • Latest Deal Amount
  • $307K

  • Investors
  • 18

Prefer General Information

Description

Provider of sustainable coffee alternatives intended for environmentally conscious consumption. The company utilizes advanced fermentation technology to transform food by-products into coffee substitutes, enabling the beverage industry to address climate change challenges while offering cost-effective and eco-friendly options to consumers.

Contact Information

Website
www.prefer.coffee
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 6 Raffles Boulevard
  • Marina Square, Number 03-308
  • Singapore, 039594
  • Singapore
Primary Industry
Beverages
Other Industries
Other Commercial Products
Vertical(s)
FoodTech, LOHAS & Wellness
Corporate Office
  • 6 Raffles Boulevard
  • Marina Square, Number 03-308
  • Singapore, 039594
  • Singapore

Prefer Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Prefer Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Grant 05-Dec-2025 $307K Completed Generating Revenue
7. Early Stage VC (Series A) 12-Aug-2025 Completed Generating Revenue
6. Accelerator/Incubator 21-Jun-2024 Completed Generating Revenue
5. Seed Round 01-Feb-2024 Completed Generating Revenue
4. Accelerator/Incubator 25-May-2023 Completed Generating Revenue
3. Accelerator/Incubator 15-Mar-2023 Completed Generating Revenue
2. Accelerator/Incubator 01-Jan-2023 Completed Generating Revenue
1. Accelerator/Incubator Completed Generating Revenue
To view Prefer’s complete valuation and funding history, request access »

Prefer Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Seed
To view Prefer’s complete cap table history, request access »

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Opportunity Score

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Prefer Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of sustainable coffee alternatives intended for environmentally conscious consumption. The company utilizes adv
Beverages
Singapore, Singapore
8 As of 2024

Oakland, CA
 

Evry-courcouronnes, France
 
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Prefer Competitors (2)

One of Prefer’s 2 competitors is Voyage Foods, a Venture Capital-Backed company based in Oakland, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Voyage Foods Venture Capital-Backed Oakland, CA
Amatera Venture Capital-Backed Evry-courcouronnes, France
You’re viewing 2 of 2 competitors. Get the full list »

Prefer Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 1

    Pending

  • Expiring in next 12 mo

Prefer Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2026164554-A1 Method for producing a coffee substitute Pending 28-Jan-2025
WO-2025029191-A1 Method for producing a coffee substitute Inactive 28-Jul-2023

Prefer Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Prefer Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds
Enterprise Singapore Government
Analog Ventures. Venture Capital Minority
At One Ventures Venture Capital Minority
Chancery Hill Ventures Asset Manager Minority
Space F Accelerator/Incubator
You’re viewing 5 of 18 investors. Get the full list »

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Prefer FAQs

  • When was Prefer founded?

    Prefer was founded in 2022.

  • Where is Prefer headquartered?

    Prefer is headquartered in Singapore, Singapore.

  • What is the size of Prefer?

    Prefer has 8 total employees.

  • What industry is Prefer in?

    Prefer’s primary industry is Beverages.

  • Is Prefer a private or public company?

    Prefer is a Private company.

  • What is Prefer’s current revenue?

    The current revenue for Prefer is .

  • How much funding has Prefer raised over time?

    Prefer has raised $6.15M.

  • Who are Prefer’s investors?

    Enterprise Singapore, Analog Ventures., At One Ventures, Chancery Hill Ventures, and Space F are 5 of 18 investors who have invested in Prefer.

  • Who are Prefer’s competitors?

    Voyage Foods and Amatera are competitors of Prefer.

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