Philz Coffee

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Philz Coffee
IndustryCoffee Shop
Foundedin 2003
FounderPhil Jaber
Headquarters
San Francisco
Number of locations
49
Area served
United States
Key people
Phil Jaber, Founder, Jacob Jaber, CEO
ProductsCoffee, Tea, Mint Mojito, Pastries
Websitewww.philzcoffee.com

Philz Coffee is an American coffee company and coffeehouse chain based in San Francisco, California, considered a major player in third wave coffee.[1] Philz Coffee focuses on making drip coffee. Philz Coffee has 49 locations spread throughout the San Francisco Bay Area, greater Los Angeles, San Diego, Washington, D.C., and most recently Sacramento.

History[edit]

Original Philz storefront on 24th Street in the Mission District.

Phil Jaber founded Philz Coffee in 2002. Phil operated a corner grocery in San Francisco's Mission District for over 25 years and had strong ties to the community.[2] In 2005, Phil's son, Jacob Jaber, took over operation and became the company's CEO, taking the lead on expansion and building the company's internal structure.[3]

Philz Coffee secured a round of funding in 2013 by Summit Partners[4] and a few private investors to expand into new markets, leading to the first Philz Coffee outside the Bay Area in Santa Monica California.[5] They also secured a Series B in February 2015 in order to help them expand worldwide.[6]

See also[edit]

References[edit]

  1. ^ "Peet's rides coffee's 'third wave' with stake in Intelligentsia". Reuters. October 30, 2015. Retrieved October 31, 2015.
  2. ^ Mac, Ryan (April 19, 2016). "Philz Coffee: Silicon Valley's Cup Of Choice". Forbes. Retrieved October 14, 2016.
  3. ^ "Phil'z grows fast with 'slow' coffee". San Francisco Business Times. April 22, 2011. Retrieved September 25, 2014.
  4. ^ "Philz Coffee Raises Eight-Figure Round From Summit, Angels, As Specialty Coffee Market Heats Up". TechCrunch. May 1, 2013. Retrieved September 25, 2014.
  5. ^ "Philz opens new location in Santa Monica - San Francisco Business Times". San Francisco Business Times. March 10, 2014. Retrieved September 25, 2014.
  6. ^ "Silicon Valley Favorite Philz Coffee Gulps Up $15 Million To Expand Nationwide". TechCrunch. February 18, 2015. Retrieved February 18, 2015.

External links[edit]