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.
- Website
- www.drinktrade.com/
- 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
Ranked
6th among 379 active competitors
Employee Count
38 as on Dec 31, 2021
Similar Companies
Legal entities associated with Trade
Trade is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SEED LEAF INC. CIN: 81-4838350 , United States, Active | Dec 04, 2016 | - | 38 (As on Dec 31, 2021) | - |
Sign up to download Trade's company profile
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 |
View details of Trade's funding rounds and investors
Trade's founders and board of directors
Founder? Claim ProfileHere are the details of Trade's key team members:
- Eric Girouard: Former Co-Founder of Trade and founder of 1 other company. They serve on the board of 1 company.
- Jono Schafler: Former Co-Founder of Trade and founder of 2 other companies, InHouse and Team Launch.
- Hugh Hunter: Former Co-Founder & CTO of Trade and founder of 2 other companies, Treat AI and Treat. Contact Info: 2 email addresses
- Nick Gavronsky: Former Co-Founder of Trade and founder of 1 other company. Contact Info: 2 email addresses
- Mike Lackman: CEO of Trade.
View details of Trade's Founder profiles and Board 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:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Black Rifle Coffee Company 2014, Salt Lake City (United States), Public | Internet first brand of coffee | - | 62/100 | |
2nd | Black Rock Coffee Bar 2008, Vancouver (United States), Public | Internet first brand of coffee | - | - | 55/100 |
3rd | Chamberlain Coffee 2020, Beverly Hills (United States), Series A | Internet-first brand offering coffee | $22M | 54/100 | |
4th | Bad Ass Coffee 1989, Lakewood (United States), Unfunded | Internet-first brand offering coffee | - | - | 50/100 |
5th | 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 | Trade 2017, New York City (United States), Series A | Curated coffee marketplace connecting consumers with independent roasters through subscriptions | $21M | 50/100 | |
7th | Jot 2019, Boulder (United States), Series A | Internet first brand offering coffee | $15.7M | 47/100 | |
8th | RYZE 2019, Boston (United States), Seed | Brand of coffee | $2.15M | 46/100 | |
9th | Reborn Coffee 2014, Brea (United States), Public | Online retailer of roasted coffee beans, matcha kits, and accessories | - | 46/100 | |
10th | Throne SPORT COFFEE 2024, Stamford (United States), Series A | Internet first brand of coffee | $18M | - | 43/100 |
Looking for more details on Trade's competitors? Click here to see the top ones
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
•
Trade Raises $9 Million to Transform The Nation's At-Home Coffee ExperiencePR Newswire•Sep 02, 2020•Trade, Madrona, JAB Holding Company, Launch Ventures
•
Are you a Founder ?
FAQs about Trade
Explore our recently published companies
- Annum Housing - Medford based, 2019 founded, Unfunded company
- Angel Readings Zara - United States based, 1996 founded, Unfunded company
- State Farm - Bloomington based, 1922 founded, Unfunded company
- Amie Social - Los Angeles based, 2021 founded, Unfunded company
- Altos Engineering - Tallinn based, 2021 founded, Unfunded company
- Altonized Community - Alton based, 1952 founded, Unfunded company