Spinn - About the company
Spinn is a series B company based in San Francisco (United States), founded in 2014 by Roland W Verbeek, Serge de Warrimont and Roderick de Rode. It operates as a Provider of smart coffee makers for homes. Spinn has raised $42.3M in funding from Spark Capital. The company has 40 active competitors, including 12 funded and 2 that have exited. Its top competitors include companies like Keurig, Bruvi and Acaia.
Company Details
Provider of smart coffee makers for homes. It uses centrifugal force to brew coffee eliminating the need for filters, pods, or capsules that reduces the amount of waste produced. The user can brew the coffee of their choice by sending the command to the device using the companion app. The application also allows users to order beans from a list of roasters.
- Website
- www.spinn.com/
- Email ID
- *****@spinn.com, *****@spinn.com
- Registered Address
- 1040 Mariposa St, San Francisco, CA
Key Metrics
Founded Year
2014
Location
San Francisco, United States
Stage
Series B
Total Funding
$42.3M in 5 rounds
Latest Funding Round
Investors
Ranked
2nd among 40 active competitors
Annual Revenue
$1M - $10M as on Dec 31, 2022
Employee Count
30 as on Aug 31, 2026
Legal entities associated with Spinn
Spinn is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Spinn, Inc. CIN: 0001735165 , United States, Active | $1M - $10M (As on Dec 31, 2022) | 40 (As on Jun 07, 2023) | - |
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Spinn's funding and investors
Spinn has raised a total funding of $42.3M over 5 rounds. Its first funding round was on 2015. Spinn has 10 institutional investors.
Here is the list of recent funding rounds of Spinn:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 18, 2023 | 9314135 | Series B | 1281482 | 6609785 | 1672723 | 5486715 |
Jun 29, 2021 | 8305575 | Series B | 2617496 | 3682170 | 4585156 | |
Dec 26, 2018 | 1115814 | Series A | 6285168 | 5773683 | 5512751 | 8815895 |
View details of Spinn's funding rounds and investors
Spinn's founders and board of directors
Founder? Claim ProfileThe founders of Spinn are Roland W Verbeek, Serge de Warrimont and Roderick de Rode. Roderick de Rode is the CEO of Spinn.
Here are the details of Spinn's key team members:
- Roland W Verbeek: Former Co-Founder of Spinn and founder of 1 other company. Contact Info: 2 email addresses
- Serge de Warrimont: Co-Founder & CIO of Spinn and founder of 1 other company. Contact Info: 2 email addresses
- Roderick de Rode: Co-Founder & CEO of Spinn and founder of 1 other company. Contact Info: 2 email addresses
Spinn's Board of Directors
Spinn's board has 8 active members. Christoph Ostermann, Kevin Thau, Curtis Mo, SERGE DE WARRIMONT, RALF GRASS, DIRK JAN EMMENS, GERBEN BOMERS and RODERICK DE RODE are independent board members.Here is the list of Spinn's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 5y 3m | |
{{udq{w | Independent board member | - | Current | 3y 4m |
wubzalp | Independent board member | - | Current | 9y 9m |
bvkejqr | Independent board member | - | Current | 1y 5m |
ncpxtnu | Independent board member | - | Current | 5y 4m |
qp{tiyz | Independent board member | - | Current | 4y 9m |
fazcodd | Independent board member | - | Current | 3y 9m |
ywofule | Independent board member | - | Current | 7y 2m |
View details of Spinn's Founder profiles and Board Members
Spinn's employee count trend
Spinn has 30 employees as of Aug 26. Here is Spinn's employee count trend over the years:
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Spinn's Competitors and alternates
Top competitors of Spinn include Keurig, Bruvi and Acaia. Here is the list of Top 10 competitors of Spinn, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Keurig 1992, Waterbury (United States), Acquired | Provider of smart brewing coffee makers | $1.36B | 68/100 | |
2nd | Spinn 2014, San Francisco (United States), Series B | Provider of smart coffee makers for homes | $42.3M | 60/100 | |
3rd | Bruvi 2003, Los Angeles (United States), Seed | Offering food manufacturer equipment | $10.8M | 45/100 | |
4th | Acaia 2014, Los Angeles (United States), Series A | Online retailer offering smart coffee makers and accessories | $4.5M | 41/100 | |
5th | Terra Kaffe 2018, Brooklyn (United States), Series A | Manufacturer of coffee machines | $4.58M | 40/100 | |
6th | Smarter 2013, London (United Kingdom), Funding Raised | Manufacturer of internet connected kitchen appliances including kettles coffee makers | - | 39/100 | |
7th | Brewbird 2012, San Carlos (United States), Seed | Manufacturer of personal coffee machine | - | 39/100 | |
8th | Ratio Coffee 2013, Portland (United States), Seed | Manufacturer of automatic coffee brewing machines and related kitchen accessories | $50K | - | 35/100 |
9th | Behmor 2007, Incline Village (United States), Unfunded | Home coffee equipment maker | - | - | 30/100 |
10th | Planetary Design 2005, Missoula (United States), Unfunded | Internet-first brand of coffee brewing equipment | - | - | 30/100 |
Looking for more details on Spinn's competitors? Click here to see the top ones
Spinn's Investments and acquisitions
Spinn has made no investments or acquisitions yet.
Reports related to Spinn
Here is the latest report on Spinn's sector:
News related to Spinn
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•
Spinn Coffee is Burning Through Cash, But Says It Will Reach Profitability as It Raises More MoneyThe Spoon•Jul 19, 2023•Spinn
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Innovative Coffee Brewing System, Spinn, Launches New 60-Second Cold Brew FeatureUserwalls•Jun 16, 2022•Spinn
•
SPINN Secures $20M in Funding to Modernize Coffee Discovery & BrewingBusiness Wire•Jul 26, 2021•Spinn, Spark Capital, Alexa Fund, Bar 9 Ventures and 1 other
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SPINN Secures $20M in Funding to Modernize Coffee Discovery & BrewingBusiness Wire•Jul 26, 2021•Spinn, Spark Capital, Alexa Fund, Bar 9 Ventures
•
Spinn Raises $3 Million As It Eyes Production Of Long-Delayed Coffee MachineThe Spoon•Dec 26, 2018•Spinn
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