Philz Coffee

Philz Coffee
Industry Coffee Shop
Founded in 2003
Founder Phil Jaber
Headquarters San Francisco
Number of locations
 47
Area served
 United States
Key people

Phil Jaber, Founder,

Jacob Jaber, CEO
Products Coffee, Tea, Mint Mojito, Pastries
Website www.philzcoffee.com

Philz Coffee is an American coffee company and coffeehouse chain based in San Francisco, California, considered a major player in third wave coffee.[1] Philz Coffee focuses on making drip coffee. Philz Coffee has 47 locations spread throughout the San Francisco Bay Area, greater Los Angeles, San Diego, Washington, D.C., and most recently Sacramento.

History

Original Philz storefront on 24th Street in the Mission District.

Phil Jaber founded Philz Coffee in 2002. Phil operated a corner grocery in San Francisco's Mission District for over 25 years and had strong ties to the community.[2] In 2005, Phil's son, Jacob Jaber, took over operation and became the company's CEO, taking the lead on expansion and building the company's internal structure.[3]

Philz Coffee secured a round of funding in 2013 by Summit Partners[4] and a few private investors to expand into new markets, leading to the first Philz Coffee outside the Bay Area in Santa Monica California.[5] They also secured a Series B in February 2015 in order to help them expand worldwide.[6]

See also

References

  1. ↑ "Peet's rides coffee's 'third wave' with stake in Intelligentsia". Reuters. October 30, 2015. Retrieved October 31, 2015.
  2. ↑ Mac, Ryan (April 19, 2016). "Philz Coffee: Silicon Valley's Cup Of Choice". Forbes. Retrieved October 14, 2016.
  3. ↑ "Phil'z grows fast with 'slow' coffee". San Francisco Business Times. April 22, 2011. Retrieved September 25, 2014.
  4. ↑ "Philz Coffee Raises Eight-Figure Round From Summit, Angels, As Specialty Coffee Market Heats Up". TechCrunch. May 1, 2013. Retrieved September 25, 2014.
  5. ↑ "Philz opens new location in Santa Monica - San Francisco Business Times". San Francisco Business Times. March 10, 2014. Retrieved September 25, 2014.
  6. ↑ "Silicon Valley Favorite Philz Coffee Gulps Up $15 Million To Expand Nationwide". TechCrunch. February 18, 2015. Retrieved February 18, 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.