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 1182 active competitors, including 66 funded and 61 that have exited. Its top competitors include companies like Peet's Coffee & Tea, Bulletproof and Black Rifle Coffee Company.
Company Details
- Website
- philzcoffee.com
- 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
Investors
Ranked
1st among 1182 active competitors
Employee Count
843 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Freeman Spogli (Aug 04, 2025)
Legal entities associated with Philz Coffee
Philz Coffee is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PHILZ COFFEE, INC. CIN: 5773786 , United States, Active | Jun 24, 2020 | - | - | - |
PHILZ COFFEE, INC. CIN: 208459997 , United States, Active | Dec 26, 999 | - | 1411 (As on Dec 31, 2024) | - |
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 | 7251289 | Series C | 2770864 | 8068992 | 1207040 | 6775715 |
Feb 18, 2015 | 6861516 | Series B | 4620673 | 4490396 | 9748028 | |
May 15, 2013 | 1366577 | Series A | 9766401 | 6279157 | 6577294 |
View details of Philz Coffee's funding rounds and investors
Philz Coffee's founders and board of directors
Founder? Claim ProfileThe 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:
- Jacob Jaber: Co-Founder of Philz Coffee. They are also an angel investor in 2 startups and serve on the board of 1 company.
- Phil Jaber: Co-Founder of Philz Coffee. Contact Info: 1 email address
- Mahesh Sadarangani: CEO of Philz Coffee. Contact Info: 1 email address
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 | 12y 9m | |
gofugme | Independent board member | - | Current | 9y 7m |
uvwfgry | Independent board member | - | Current | 2y 3m |
nsjylta | Independent board member | - | Current | 6y 9m |
oerhgvr | Independent board member | - | Current | 5y 4m |
rfl{wfl | Independent board member | - | Current | 4y 4m |
dy{lpwe | Independent board member | - | Current | 5y 8m |
vermigi | Independent board member | - | Current | 7y 8m |
View details of Philz Coffee's Founder profiles and Board Members
Philz Coffee's employee count trend
Philz Coffee has 843 employees as of May 26. Here is Philz Coffee's employee count trend over the years:
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Philz Coffee's Competitors and alternates
Top competitors of Philz Coffee include Peet's Coffee & Tea, Bulletproof and Black Rifle Coffee Company. Here is the list of Top 10 competitors of Philz Coffee, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Philz Coffee 2003, San Francisco (United States), Acquired | Brand of coffee | $75M | 67/100 | |
2nd | Peet's Coffee & Tea 1966, San Francisco (United States), Acquired | Premium coffee and tea purveyor, offering beans, pods, and café experiences | - | 67/100 | |
3rd | Bulletproof 2013, Seattle (United States), Acquired | Retailer of coffee, supplements, MCT oil, mix-ins, collagen, and protein bars | $43.9M | 66/100 | |
4th | Black Rifle Coffee Company 2014, Salt Lake City (United States), Public | Internet first brand of coffee | - | 64/100 | |
5th | The Coffee Bean & Tea Leaf 1963, Los Angeles (United States), Acquired | Online retailer of premium coffee, tea, powders, drinkware, and equipment | $5M | 60/100 | |
6th | La Colombe 1994, Philadelphia (United States), Acquired | Coffee roasters and chain of cafes | $328M | 59/100 | |
7th | Blue Bottle Coffee 2002, Oakland (United States), Acquired | Brand of coffee | $121M | 55/100 | |
8th | Costa Coffee 1971, Atlanta (United States), Unfunded | Brand of coffee | - | - | 55/100 |
9th | Black Rock Coffee Bar 2008, Vancouver (United States), Public | Internet first brand of coffee | - | - | 55/100 |
10th | Chamberlain Coffee 2020, Beverly Hills (United States), Series A | Internet-first brand offering coffee | $22M | 54/100 |
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
Media has covered Philz Coffee for a total of 5 events in the last 1 year, 4 of them have been about company updates.
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Philz Coffee Unveils Winter Menu with New Cashew and Pistachio Coffee CreationsPR Newswire•Jan 07, 2026•Philz Coffee
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Philz Coffee to be acquired by Freeman Spogli in strategic dealVerdict Food Service•Aug 05, 2025•Philz Coffee, Freeman Spogli
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Philz Coffee Enhances 'Better Days' Mission With New App Clips IntegrationPR Newswire•Apr 23, 2025•Philz Coffee
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Rob Ertmann named president of Hawaiian concept Mo’BettahsNation’s Restaurant News•Aug 18, 2021•Mo’ Bettahs, Philz Coffee
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Hackman’s Culver Steps Adds Sephora, Salt & Straw and Philz CoffeeCommercial Observer•Jan 25, 2020•Hackman Capital Partners, Sephora, Philz Coffee, Salt & Straw
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