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Illy - About the company

Illy is a late stage company based in Trieste (Italy), founded in 1933. It operates as a Platform offering coffee products. Illy has raised an undisclosed amount in funding from Rhone Group. The company has 84 active competitors, including 2 funded and 13 that have exited. Its top competitors include companies like Peet's Coffee & Tea, YUM! Brands and Lavazza.

Company Details

Social
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Email ID
*****@illy.com
Part Of
Key Metrics
Founded Year
1933
Location
Trieste, Italy
Stage
Late Stage
Latest Funding Round
Investors
Ranked
Employee Count
1,829 as on Dec 08, 2025
Investment & Acquisitions
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Illy's funding and investors

Illy has raised funding over 3 rounds. Its first funding round was on Jan 01, 2015. Its latest funding round was a PE round on Nov 26, 2020 for $*****. 1 investor participated in its latest round. Illy has 2 institutional investors.

Here is the list of recent funding rounds of Illy:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 26, 2020
5842904
PE
2336641
5252208
1867267
4058312
Jun 01, 2017
7489735
Grant (prize money)
6555345
1234464
2913475
Jan 01, 2015
3035066
Grant (prize money)
4685142
5113155
7943601
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Illy's founders and board of directors

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Illy's employee count trend

Illy has 1,829 employees as of Dec 25. Here is Illy's employee count trend over the years:
Employee count trend for Illy
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Illy's Competitors and alternates

Top competitors of Illy include Peet's Coffee & Tea, YUM! Brands and Lavazza. Here is the list of Top 10 competitors of Illy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Peet's Coffee & Tea
Peet's Coffee & Tea
1966, San Francisco (United States), Acquired
Premium coffee and tea purveyor, offering beans, pods, and café experiences
-
67/100
2nd
Logo for Illy
Illy
1933, Trieste (Italy), Late Stage
Platform offering coffee products
-
63/100
3rd
Logo for YUM! Brands
YUM! Brands
1997, Louisville (United States), Acquired
Restaurants chains
-
-
59/100
4th
Logo for Lavazza
Lavazza
1895, Torino (Italy), Funding Raised
Brand of coffee
-
47/100
5th
Logo for Swiss Water
Swiss Water
2001, Delta (Canada), Public
Brand of coffee
-
45/100
6th
Logo for Strauss Coffee
Strauss Coffee
2003, Amstelveen (Netherlands), Late Stage
Brand of coffee
$293M
 
41/100
7th
Logo for Poke
Poke
2018, Milan (Italy), Series B
Chain of limited service restaurant
$24M
39/100
8th
Logo for Caffe Vergnano
Caffe Vergnano
1882, Turin (Italy), Funding Raised
Internet first brand of coffee
-
36/100
9th
Logo for LA Piadineria
LA Piadineria
2011, Brescia (Italy), Acquired
Chain of limited service restaurants
-
36/100
10th
Logo for Meenakshi Tea House
Meenakshi Tea House
2001, Jaipur (India), Funding Raised
Brand of tea
-
-
33/100
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Illy's Investments and acquisitions

Illy has acquired 3 companies including Capitani, Achillea and Prestat. Illy has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 02, 2025
Acquisition
1979
May 07, 2023
Acquisition
1999
Ghemme (Italy)
Mar 18, 2019
Acquisition
1902
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Reports related to Illy

Here is the latest report on Illy's sector:

News related to Illy

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Media has covered Illy for a total of 16 events in the last 1 year, 9 of them have been about company updates and 3 about partnerships.
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FAQs about Illy

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