Steeped Coffee, a Certified B Corp, announced it has been added to the annual Inc. 5000 list of the fastest-growing private companies in America. The disruptive single-serve coffee company is ranked 572 nationally, 88th in California, and 18th on the list for all of food and beverage, after experiencing three-year revenue growth of 1,107%.
As an impact-driven company using business for change, Steeped Coffee now joins companies like Patagonia, Chobani, and Under Armour who have also gained national exposure as honorees on the Inc. 5000 list.
"The Steeped Coffee team is proud to stand alongside the nation's most successful independent brands, recognized by Inc. for what we've accomplished," Josh Wilbur, founder and CEO, Steeped Coffee, said in the announcement. "It highlights just how important it is for our industry to reimagine single-serve coffee as a sustainable daily ritual that avoids long-term impact on the planet, instead delivering fresh coffee in minutes with no machines required."
The company has now partnered with more than 400 of the nation’s top coffee roasters and brands, making specialty coffee more accessible to coffee lovers everywhere. Prepared similar to tea, Steeped Coffee’s proprietary brewing method and certified compostable packaging was awarded “Best New Product” honors at the 2021NEXTY Awards, the 2021 KeHE Summer On Trends Show, and the 2019 Specialty Coffee Expo.
This summer, Steeped Coffee completed a highly successful $5M Republic crowdfunding campaign, attracting more than 4,500 investors and selling out in less than 48 hours.