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Philz Coffee - About the company

Philz Coffee is an acquired company based in San Francisco (United States), founded in 2003 by Jacob Jaber and Phil Jaber. It operates as a Brand of coffee. Philz Coffee has raised $75M in funding from Summit Partners and TPG. The company has 1602 active competitors, including 76 funded and 74 that have exited. Its top competitors include companies like Peet's Coffee & Tea, VAHDAM and The Coffee Bean & Tea Leaf.

Company Details

Social
XFacebook
Email ID
*****@philzcoffee.com
Phone Number
+1 **********
Registered Address
San Francisco, California
Key Metrics
Founded Year
2003
Location
San Francisco, United States
Stage
Acquired
Total Funding
$75M in 3 rounds
Latest Funding Round
Ranked
Employee Count
835 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Freeman Spogli (Aug 04, 2025)

Philz Coffee's acquisition details

Philz Coffee got acquired by Freeman Spogli on Aug 04, 2025.
Click here to take a look at Philz Coffee's acquisition in detail
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Philz Coffee's funding and investors

Philz Coffee has raised a total funding of $75M over 3 rounds. Its first funding round was on May 15, 2013. Its latest funding round was a Series C round on Sep 13, 2016 for $*****. 1 investor participated in its latest round. Philz Coffee has 12 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Philz Coffee:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 13, 2016
9620039
Series C
2413873
2690934
6623980
3094037
Feb 18, 2015
4531085
Series B
3661708
8945965
1538849
May 15, 2013
4859876
Series A
4854756
1968360
7819022
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Philz Coffee's founders and board of directors

Founder? Claim Profile
The founders of Philz Coffee are Jacob Jaber and Phil Jaber. Mahesh Sadarangani is the CEO of Philz Coffee.
Here are the details of Philz Coffee's key team members:

Philz Coffee's Board of Directors

Philz Coffee's board has 8 active members. Jacob Jaber, Greg Goldfarb, Sanjay Banker, Myles McCormick, Benedikt Reifler, Ronald Johnson, Faisal Jaber and James Coulter are independent board members.
Here is the list of Philz Coffee's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
13y 5m
jnwfzhg
Independent board member
-
Current
7y 4m
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Independent board member
-
Current
6y 1m
kszemxk
Independent board member
-
Current
9y 7m
btltflj
Independent board member
-
Current
4y 4m
uhypkta
Independent board member
-
Current
8y 9m
ymgrkmc
Independent board member
-
Current
5y 1m
srywysm
Independent board member
-
Current
8y 4m

Philz Coffee's employee count trend

Philz Coffee has 835 employees as of Sep 26. Here is Philz Coffee's employee count trend over the years:
Employee count trend for Philz Coffee
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Philz Coffee's Competitors and alternates

Top competitors of Philz Coffee include Peet's Coffee & Tea, VAHDAM and The Coffee Bean & Tea Leaf. Here is the list of Top 10 competitors of Philz Coffee, 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
-
69/100
2nd
Logo for Philz Coffee
Philz Coffee
2003, San Francisco (United States), Acquired
Brand of coffee
$75M
67/100
3rd
Logo for VAHDAM
VAHDAM
2015, Delhi (India), Series D
Retailer of premium teas, coffee, spices, and wellness infusions sourced directly from farmers
$28.1M
66/100
4th
Logo for The Coffee Bean & Tea Leaf
The Coffee Bean & Tea Leaf
1963, Los Angeles (United States), Acquired
Online retailer of premium coffee, tea, powders, drinkware, and equipment
$5M
63/100
5th
Logo for Black Rifle Coffee Company
Black Rifle Coffee Company
2014, Salt Lake City (United States), Public
Internet first brand of coffee
-
62/100
6th
Logo for La Colombe
La Colombe
1994, Philadelphia (United States), Acquired
Coffee roasters and chain of cafes
$328M
62/100
7th
Logo for Black Rock Coffee Bar
Black Rock Coffee Bar
2008, Vancouver (United States), Public
Internet first brand of coffee
-
-
61/100
8th
Logo for Bulletproof
Bulletproof
2013, Seattle (United States), Acquired
Retailer of coffee, supplements, MCT oil, mix-ins, collagen, and protein bars
$43.9M
60/100
9th
Logo for Blue Bottle Coffee
Blue Bottle Coffee
2002, San Francisco (United States), Acquired
Brand of coffee
$121M
58/100
10th
Logo for Coffee Holding
Coffee Holding
1971, New York City (United States), Public
Wholesale coffee roaster and retailer
-
54/100
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Looking for more details on Philz Coffee's competitors? Click here to see the top ones

Philz Coffee's Investments and acquisitions

Philz Coffee has made no investments or acquisitions yet.

Reports related to Philz Coffee

Here is the latest report on Philz Coffee's sector:

News related to Philz Coffee

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Media has covered Philz Coffee for a total of 3 events in the last 1 year, 3 of them have been about company updates.
•
Philz Coffee Opens at The VillageJul 14, 2026•Philz Coffee
•
Philz Coffee Introduces "Philz Rewards" Loyalty ProgramPR Newswire•Oct 15, 2025•Philz Coffee
•
Philz Coffee to be acquired by Freeman Spogli in strategic dealVerdict Food Service•Aug 05, 2025•Philz Coffee, Freeman Spogli
•
Philz Coffee Introduces Caramel to its New Spring MenuPR Newswire•Mar 25, 2025•Philz Coffee
•
Rob Ertmann named president of Hawaiian concept Mo’BettahsNation’s Restaurant News•Aug 18, 2021•Mo’ Bettahs, Philz Coffee
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