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Trade - About the company

Trade is a series A company based in New York City (United States), founded in 2017 by Eric Girouard, Jono Schafler, Hugh Hunter and Nick Gavronsky. It operates as a Curated coffee marketplace connecting consumers with independent roasters through subscriptions. Trade has raised $21M in funding from Madrona. The company has 379 active competitors, including 24 funded and 14 that have exited. Its top competitors include companies like Black Rifle Coffee Company, Black Rock Coffee Bar and Chamberlain Coffee.

Company Details

Curated coffee marketplace connecting consumers with independent roasters through subscriptions. It is a B2C platform that partners with independent coffee roasters across the USA, curating and delivering fresh, specialty coffee directly to consumers. Through a personalized quiz, the platform matches customers with coffees tailored to their taste preferences, offering a discovery-driven experience. The company offers coffee subscriptions, gifts, and brewing guides, fostering a community of coffee enthusiasts. They emphasize ethical sourcing, supporting small businesses, and providing a seamless online shopping experience. The platform offers features like account login, order history, shipping address management, and a referral program. They also provide customer support through email, phone, and SMS. The business model focuses on delivering high-quality, freshly roasted coffee through a subscription service, connecting consumers with unique roasters and promoting coffee education.
Social
Facebook
Email ID
*****@drinktrade.com
Phone Number
+1 **********
Registered Address
401 Park Drive, 9th Floor, Boston, MA 02215.
Key Metrics
Founded Year
2017
Location
New York City, United States
Stage
Series A
Total Funding
$21M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
38 as on Dec 31, 2021
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Trade's funding and investors

Trade has raised a total funding of $21M over 1 round. Its latest funding round was a Series A round on Sep 02, 2020 for $*****. 2 investors participated in its latest round. Trade has 2 institutional investors.

Here is the list of recent funding rounds of Trade:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 02, 2020
7906252
Series A
5245368
9772567
1389789
3651782
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Trade's founders and board of directors

Founder? Claim Profile
The founders of Trade are Eric Girouard, Jono Schafler, Hugh Hunter and Nick Gavronsky.
Here are the details of Trade's key team members:

Trade's employee count trend

Trade has 38 employees as of Dec 21. The total employee count is 36.0% more than what it was in Dec 20. Here is Trade's employee count trend over the years:
Employee count trend for Trade
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Trade's Competitors and alternates

Top competitors of Trade include Black Rifle Coffee Company, Black Rock Coffee Bar and Chamberlain Coffee. Here is the list of Top 10 competitors of Trade, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Black Rifle Coffee Company
Black Rifle Coffee Company
2014, Salt Lake City (United States), Public
Internet first brand of coffee
-
62/100
2nd
Logo for Black Rock Coffee Bar
Black Rock Coffee Bar
2008, Vancouver (United States), Public
Internet first brand of coffee
-
-
55/100
3rd
Logo for Chamberlain Coffee
Chamberlain Coffee
2020, Beverly Hills (United States), Series A
Internet-first brand offering coffee
$22M
54/100
4th
Logo for Bad Ass Coffee
Bad Ass Coffee
1989, Lakewood (United States), Unfunded
Internet-first brand offering coffee
-
-
50/100
5th
Logo for SUNNIVA Super Coffee
SUNNIVA Super Coffee
2015, Washington, DC (United States), Series C
Delicious, healthy, and energizing coffee products with zero sugar and positive ingredients
$146M
50/100
6th
Logo for Trade
Trade
2017, New York City (United States), Series A
Curated coffee marketplace connecting consumers with independent roasters through subscriptions
$21M
50/100
7th
Logo for Jot
Jot
2019, Boulder (United States), Series A
Internet first brand offering coffee
$15.7M
47/100
8th
Logo for RYZE
RYZE
2019, Boston (United States), Seed
Brand of coffee
$2.15M
46/100
9th
Logo for Reborn Coffee
Reborn Coffee
2014, Brea (United States), Public
Online retailer of roasted coffee beans, matcha kits, and accessories
-
46/100
10th
Logo for Throne SPORT COFFEE
Throne SPORT COFFEE
2024, Stamford (United States), Series A
Internet first brand of coffee
$18M
-
43/100
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Trade's Investments and acquisitions

Trade has made no investments or acquisitions yet.

Reports related to Trade

Here is the latest report on Trade's sector:

News related to Trade

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FAQs about Trade

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