# Bean Box

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bean-box

- Industry: Retail
- Headquarters: Seattle, US
- Website: www.beanbox.com
- Total disclosed funding: $2.4M
- Latest round: Series A (May 14, 2021)
- Investors on record: 1

## About

Bean Box, Inc. specializes in providing coffee subscription services, delivering curated, small-batch, locally roasted coffees directly to consumers, enhancing their coffee experiences with personalized selections.Founded in 2014, Bean Box, Inc. is based in Seattle, US, and operates primarily in the coffee subscription industry. The company was founded by Ryan Fritzky and has successfully secured a total of USD 3.20 mn in funding through various rounds, with the latest being a Series A round in May 2021, where it raised USD 2.40 mn led by Ascend Venture Capital. The company has not undergone significant pivots or changes in its business strategy.Bean Box® specializes in coffee subscription services and gifts, offering a curated selection of small-batch, locally roasted coffees from top roasters across the United States. Their core service involves selecting high-quality coffee beans based on individual customer preferences, which are delivered directly to consumers’ doorsteps on a customizable schedule. The company’s offerings include coffee subscriptions, where users can receive a variety of coffees regularly, and gifting options for coffee enthusiasts. Bean Box serves a diverse clientele, including coffee lovers who seek unique coffee experiences and gift buyers looking for thoughtful presents. The company's products are primarily marketed and sold within the United States.Bean Box generates revenue primarily through its subscription model, which allows customers to select their coffee preferences and frequency of delivery. Transactions occur directly between Bean Box and its consumers, facilitating a direct-to-consumer business model. Customers subscribe for regular shipments, and the pricing structure is designed to make high-quality coffee accessible at competitive rates, with each cup costing approximately 55 cents. The company also offers exclusive member discounts and early access to new coffee selections, enhancing the value of its subscription service. Additionally, Bean Box engages in corporate gifting, providing businesses with options to purchase coffee gifts for employees or clients, further diversifying its revenue streams.In May 2021, Bean Box, Inc. raised USD 2.4 mn in Series A funding, which will be utilized for strategic growth, specifically investing in its coffee subscription business and hiring senior leaders in marketing, engineering, and operations. The company plans to expand its offerings and explore new markets within the United States to enhance its customer base and product range.

## Funding rounds

- Series A, May 14, 2021, $2.4M — Ascend

## Investors

- Ascend — Series A