Steeped Coffee, a Certified B Corp and Benefit Corporation, has announced it has been added to the annual Inc. 5000 list, one of the most prestigious rankings of the fastest-growing private companies in America.
Out of the 5000 top companies, the single-serve coffee company is ranked 572 nationally, 88th in California, and 18th on the list for all of Food and Beverage, after experiencing a three-year revenue growth of 1,107 per cent.
Steeped Coffee now joins companies like Patagonia, Chobani, and Under Armour who have also gained national exposure as honourees on the Inc. 5000 list.
“The Steeped Coffee team is proud to stand alongside the nation’s most successful independent brands and elite entrepreneurs, recognized by Inc. for what we’ve accomplished so far,” says Josh Wilbur, Founder and CEO, Steeped Coffee.
“Not only is it a tremendous honour, but it also 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 a delicious cup of 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.
Steeped Coffee’s proprietary brewing method and certified compostable packaging was awarded ‘Best New Product’ honours at the 2021 NEXTY 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.
“The accomplishment of building one of the fastest-growing companies in the United States, in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc.
“Inc. is thrilled to honour the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
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