Stephen O'Brien
SAN JOSE, CA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
ESPRESSI, INC
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Startup
Location:
SAN JOSE
Industry:
Manufacturing
Year Founded:
2009
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
"C" Corporation
Description:
Espressi, Inc is the manufacturer of a revolutionary espresso/coffee system that resulted in excess of US$1m in revenue the first 12 months from launch. The company raised a $2 million Series A for engineering, manufacturing, patent preparation and other capital and operational expenses. In 2010 Espressi built the US market to 200+ outlets, and international distribution into 30+ countries. During that time company's award-winning product became an extremely well-regarded solution with the smallest footprint in the world of high-quality espresso. This year the company is transitioning its product into the general housewares market with sales into high end retail and specialty kitchen stores (including Macys, William Sonoma, Saks Fifth, West Marine and more). They are raising a Series B to complete development of other exciting solutions that take their cutting-edge technology into broader market segments. The company is comprised of a small, highly-focused and efficient team based in San Jose, CA.