When was Peerless Coffee founded?

Peerless Coffee was founded in 1924 and raised its 1st funding round 98 years after it was founded.

Where is Peerless Coffee located?

Peerless Coffee is headquartered in United States.

How many employees does Peerless Coffee have?

As of Aug 31, 2026, the latest employee count at Peerless Coffee is 51.

Is Peerless Coffee a funded company?

Peerless Coffee is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Jan 03, 2022.

When was the latest funding round of Peerless Coffee?

Peerless Coffee's latest funding was a $***** Grant (prize money) round on Jan 03, 2022, with participation from 1 investor.

Where does Peerless Coffee rank among its competitors?

Peerless Coffee ranks 1159th amongst 6764 active competitors, of which 134 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was DavidsTea, which secured $2.14M in Nov, 2025.

Who are the top competitors of Peerless Coffee?

Peerless Coffee's top competitors include Philz Coffee, Peet's Coffee & Tea and Illy. Among them, DavidsTea secured the most recent funding round in November, 2025.

Peerless Coffee - 2026 Company Profile, Funding & Competitors

Peerless Coffee is a funded company based in United States, founded in 1924. It operates as a Coffee and tea roaster, blender, and supplier for retail and hospitality. Peerless Coffee has raised an undisclosed amount in funding. The company has 6764 active competitors, including 134 funded and 267 that have exited. Its top competitors include companies like Philz Coffee, Peet's Coffee & Tea and Illy.

Company Details

Coffee and tea roaster, blender, and supplier for retail and hospitality. The company roasts and blends coffee beans and sources whole-leaf teas. It provides coffee and tea products to both individual consumers and businesses. The company offers specialized training, equipment, and client support to ensure smooth operations for its hospitality clients. It also provides coffee club memberships with monthly deliveries.

Website: www.peerlesscoffee.com/
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Key Metrics

Founded Year

1924

Location

United States

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Jan 03, 2022, $*****

Investors

United States Department of Agriculture

Ranked

1159^th among 6764 active competitors

Employee Count

51 as on Aug 31, 2026

Similar Companies

Peet's Coffee & Tea & 830 more

View Peerless Coffee's full profile

Peerless Coffee has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jan 03, 2022 for $*****. 1 investor participated in its latest round. Peerless Coffee has 1 institutional investor.

Here is the list of recent funding rounds of Peerless Coffee:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 03, 2022	7062199	Grant (prize money)	9115687	1369221	5897698	1689117

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View details of Peerless Coffee's funding rounds and investors

Peerless Coffee's employee count trend

Peerless Coffee has 51 employees as of Aug 26. Here is Peerless Coffee's employee count trend over the years:

Employee count trend for Peerless Coffee

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Top competitors of Peerless Coffee include Philz Coffee, Peet's Coffee & Tea and Illy. Here is the list of Top 10 competitors of Peerless Coffee, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Philz Coffee 2003, San Francisco (United States), Acquired	Brand of coffee	$75M	Summit Partners, TPG & 13 others	66/100
2nd	Peet's Coffee & Tea 1966, San Francisco (United States), Acquired	Premium coffee and tea purveyor, offering beans, pods, and café experiences	-	Spanos Barber Jesse, Torreal & 2 others	65/100
3rd	Illy 1933, Trieste (Italy), Late Stage	Platform offering coffee products	-	Rhone Group, Europa	65/100
4th	The Coffee Bean & Tea Leaf 1963, Los Angeles (United States), Acquired	Online retailer of premium coffee, tea, powders, drinkware, and equipment	$5M	Mirae Asset Venture, Advent International ... & 2 others	63/100
5th	Bulletproof 2013, Seattle (United States), Acquired	Retailer of coffee, supplements, MCT oil, mix-ins, collagen, and protein bars	$43.9M	CAVU Consumer Partners, Trinity Ventures & 7 others	60/100
6th	La Colombe 1994, Philadelphia (United States), Acquired	Coffee roasters and chain of cafes	$328M	Keurig Dr Pepper, Goode Partners & 2 others	59/100
7th	PICKUP COFFEE 2022, Makati (Philippines), Series A	Brand of coffee	$40M	Kickstart Ventures, Openspace Capital & 6 others	58/100
8th	Nespresso 1986, Lausanne (Switzerland), Funding Raised	Internet first brand offering coffee machine and capsules	-	Daniel Gutenberg, Europa	57/100
9th	Blue Bottle Coffee 2002, Oakland (United States), Acquired	Brand of coffee	$121M	Fidelity Investments, TriplePoint Capital ... & 27 others	55/100
10th	DavidsTea 2008, Quebec City (Canada), Public	Premium tea retailer	$14M	Porchlight Equity, Highland Capital Partners ... & 1 others	55/100
1159th	Peerless Coffee 1924, United States, Funding Raised	Coffee and tea roaster, blender, and supplier for retail and hospitality	-	United States Department of Agriculture	20/100