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SPINN


BUILDING THE FUTURE OF COFFEE

Teilen

TEILE ES MIT DEINEM NETZWERK

Hilf Spinn dabei, diese Finanzierungsrunde erfolgreich abzuschließen


Letzte Finanzierung Oktober 2023

3.967.664 $


raised from 794 investors
Beachte Updates

spinn.com
San Francisco CA

Food & Beverage Hardware Consumer Goods Retail Venture Backed
Übersicht Details
Updates
18
Was die Community sagt
191
Stell eine Frage.
70



FEATURED INVESTORS

Eliott KessasSpark CapitalAlexis OhanianAmazon Alexa Fundbar 9
venturesHighway1GaingelsTriplePoint CapitalSVB Capital
Previous


ELIOTT KESSAS
IDENTITY VERIFIED


Syndicate Lead

Serial entrepreneur and investor focused on making the world a better place.
Currently building a next-gen nutrition company 🌱🔬 Previously co-founded
Daring Foods.



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Follow

9 followers

As a serial entrepreneur having built Daring Foods (backed by Maveron, Founders
Fund, Naomi Osaka, Steve Aoki, and Drake) and an investor focused on consumer
brands, I was blown away by Spinn's connected coffee ecosystem. I am always on
the lookout for the most innovative food and drink products and solutions to
better people’s lives, and Spinn fits that bill.

Spinn is transforming the way we buy, make, and enjoy coffee at home. Think
Sonos and Nest, but for coffee. Consumers no longer have to choose between
convenience and quality as they now have the best-tasting coffee on demand, made
exactly to their liking. This level of personalization is the future.

As an investor, I look for companies that check three boxes: a massive market,
cutting-edge technology, and tangible, positive impact both on the consumer and
the world. Spinn ticks all of these boxes with flying colors. On its path to
revolutionizing the $362B coffee market, Spinn already boasts a $17M revenue run
rate, annual growth of 230%+, 65K+ users, and global partnerships with local
roasters. Spinn has the potential to eliminate the 576,000 metric tons of waste
pods produce every year.

The world-class leadership behind Spinn is bar none. Roderick has a proven
ability to scale companies and take them to exit; his last company exited to
Heineken. It's an honor to be part of Spinn's investment round and to join
forces with Roderick and the Spinn team to bring this exciting opportunity to
the community. The potential is limitless.

Read More

Investierte 50.000 $ in dieser Runde


SPARK CAPITAL

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1 follower


ALEXIS OHANIAN

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7 followers


AMAZON ALEXA FUND

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BAR 9 VENTURES





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HIGHWAY1





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GAINGELS

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TRIPLEPOINT CAPITAL

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SVB CAPITAL

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HÖHEPUNKTE

1
$17M revenue run rate, 328% YoY growth
2
Backed by top VCs Spark Capital, Amazon’s Alexa Fund, Alexis Ohanian & Bar9
Ventures
3
World-class team from Microsoft, Dyson, Sony, Philips, Blue Bottle & La Marzocco
4
12M+ servings made & 70,000 active users
5
90,000 bags of coffee sold & 120+ local roasting partners
6
4.8/5 customer rating
7
Powered by patented technology using centrifugal brewing process
8
Featured in Forbes, Fast Company, Business Insider, CNET, TechCrunch & Wired

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UNSER TEAM

Roderick de Rode
CEO

Serial entrepreneur and tech executive. Scaled $250M+ online and distribution
businesses. Co-founded Limeau (acquired by Heineken). Backed by top VCs Spark
Capital, Amazon’s Alexa Fund & Bar9 Ventures. Ex-Microsoft and Dell. Psychology,
MSc. and MBA.

Serge de WarrimontCIO

Inventor & design ace. 20+ years experience building products and brands for
Fortune 500 companies. Track record of creating & growing teams from product
concept to mass production. Earned international design awards. MS, Industrial &
Product Design.

Gladys Fung
CFO Advisor

Finance and operations leader. 20+ years of global experience, including
technical accounting & finance. 10+ years as CFO for multiple VC-backed
startups. Successfully led companies through IPO and M&A exits. Ex-Ring, Disney,
and E&Y. USC BS, Harvard MA.

Daan OostveenCPO

Seasoned connected products & services creator. Ex-Sony & TomTom. Record of
integrating hardware, software, online experiences, & content for a cohesive
user journey. Expertise in IOT, marketplaces, & innovative GTMs. MSc. Industrial
Design Engineering.

Scott Callender SVP Business Development

Coffee industry veteran with 15+ years experience driving industry innovation.
Pioneered a direct-to-consumer model for La Marzocco Home & collaborated with
engineers to create the Linea Mini. Tuck School of Business & SDA Bocconi, MBA.

Mehr anzeigen

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WHY SPINN?

At Spinn, the perfect cup of coffee has never been more convenient - or
environmentally friendly. 

Backed by VCs including Spark Capital, Amazon’s Alexa Fund and Bar9 Ventures,
Spinn’s one-touch solution to high-quality coffee is revolutionizing the $362B
global coffee market.

Our vision is to build a connected ecosystem for exceptional specialty coffee,
elevating in-home coffee experiences. Spinn is more than coffee - it’s a
cultural experience connecting people.





In today’s fast-paced society, single-serve coffee makers that use pre-measured
coffee pods or capsules like Keurig and Nespresso have become ubiquitous in
homes and offices worldwide. But this convenience comes at a huge cost to the
environment, generating a staggering 576,000 metric tons of waste each year…
that's 300 football fields.



It's not just the environmental impact that's concerning. These machines heat up
water to a scorching 200 degrees Fahrenheit, releasing microplastics from the
coffee pods. These microplastics end up in our bodies and eventually waterways,
posing a severe risk to both our health and wildlife.



And even if people opt to not use Keurigs and Nespressos, making quality coffee
is a complex endeavor! Good home coffee means intricate setups - high-end
espresso machines, grinders, milk frothers, tampers, knockboxes, scales, and
more, which take up massive amounts of space in their kitchens, and add up to
thousands of dollars!



Even with world-class equipment, the preparation of quality coffee requires
substantial knowledge, expertise, and attention to detail. Variables such as
water temperature, grind size, and brew time must be carefully monitored and
managed to produce a perfect cup.

The perfect cup of coffee doesn’t need to be this complex.



Spinn’s on a mission to elevate the in-home coffee experience, giving people a
way to craft exceptional coffee without
compromise.



Spinn eliminates pods, complexity, and guesswork, altogether. 

We make quality coffee simple - providing coffee lovers with a range of
easy-to-use, sustainable, and high-quality brewing options. It’s convenience and
taste, without the waste.





Spinn’s coffee maker’s proprietary technology uses a unique centrifugal brewing
process to extract the full flavor and aroma of coffee beans. Our machine grinds
whole beans on demand. There’s zero need for pre-packaged pods or capsules.





With Spinn, users create custom coffee drinks including espresso, filter, drip
and cold brew.







Spinn’s coffee marketplace offers users access to the world’s largest
direct-to-consumer marketplace of artisan roasters. We’re delivering
eco-friendly, ethically-sourced coffee from across the globe, each with its own
flavour profile. 

Spinn just launched a new subscription service that provides Spinn Blends on a
recurring basis. Early attach rates are strong, leading to an exciting increase
to our recurring revenue model.



Connection is important to us. Customers can browse the selection of roasts,
read about the roaster's story and practices, and even make a purchase directly
from the roaster.  

We’re helping consumers navigate the coffee market- reducing friction for
getting the coffee they like.







Spinn has sold thousands of machines to coffee lovers around the world. We have
a remarkably high attach rate and are growing exponentially year over
year.



Our innovative technology and sustainability efforts have been lauded across the
industry, including awards such as the Red Dot Design Award, A' Design Award, iF
design award, and the Good Design Award.



At Spinn, we are a dedicated community of passionate coffee lovers who swear by
Spinn products and unique coffee experiences. We pride ourselves on high user
growth, sticky usage rates, and consistently high customer satisfaction.



We constantly receive positive feedback and reviews from happy customers who
love the ease-of-use and innovative technology of our products, as well as the
expert guidance and support provided by our team of coffee experts.









Veterans of Microsoft, Dell, Sony, Philips, Blue Bottle and La Marzocco - the
team’s experience is rich in deep technology, manufacturing, branding, CPG,
digital experience, and coffee brewing.





The coffee market is valued at $362B, with a 10.6% CAGR, and significant growth
is expected in the coming years due to evolving consumer preferences around
coffee experiences. Spinn is poised to emerge as a key player in the market,
delivering convenience and quality among Nespresso, Keurig, Breville, and La
Marzocco.



Spinn earns revenue through the sale of coffee makers, coffee, consumables, and
accessories. We manufacture and sell Spinn’s proprietary coffee makers directly
to consumers through our website and retail partners, and offer access to our
marketplace through the Spinn app and website.







Forward-looking projections cannot be guaranteed.

As Spinn machines become household staples across the world, recurring revenue
from marketplace subscriptions are poised to grow astronomically. Spinn users
will become loyal to the Spinn ecosystem, creating a powerful network effect
that drives long-term revenue growth and customer loyalty.



Forward-looking projections cannot be guaranteed.

Our roadmap of continued product innovation, coffee innovation, and
international expansion will build Spinn into the at-home IOT connected coffee
system that coffee lovers have been longing for.





Spinn has closed $40M from top-tier VCs including Spark Capital, Amazon’s Alexa
Fund, and Bar9 Ventures. We opened a community investment round to give our
users, fans, and supporters the opportunity to invest alongside the biggest
names in venture capital. Why? Because you’re the reason we’re doing this.
Together, we’re building a connected coffee experience, for everyone.























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