321 Coffee Revenue

Food and Beverage Services • 1209 Farmers Market Dr, Market Shoppes Slot 48, United States • 21-50 Employees

321 Coffee revenue & valuation

Annual revenue	$3,079,980
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Food and Beverage Services industry and current estimated revenues	$9,900,000
Total funding	$20,000,000

Key Contacts at 321 Coffee

Lindsay Wrege

Co-Founder & Ceo

Michael Evans

Co-Founder

Taylor Mcgovern

Director Of Customer Experience

Company overview

Headquarters	1209 Farmers Market Dr, Market Shoppes Slot 48, Raleigh, North Carolina 27603, US
Website	321coffee.com
NAICS	311
SIC	549
Founded	2017
Employees	21-50
Socials

321 Coffee Email Formats

321 Coffee uses 3 email formats. The most common is {first initial}{last name} (e.g., jdoe@321coffee.com), used 50% of the time.

Format	Example	Percentage
{first initial}{last name}	jdoe@321coffee.com	50%
{first name}{last name}	johndoe@321coffee.com	37.5%
{first initial}	j@321coffee.com	12.5%

About 321 Coffee

80% of adults with intellectual and developmental disabilities (IDD) are unemployed. We are changing this. 321 Coffee is a coffee shop and roaster built on inclusion. Based in Raleigh, NC, 321 currently employs over 50 adults with intellectual and developmental disabilities (IDD). They are the ones roasting the coffee, taking the orders, and making the lattes. We are demonstrating the value of an inclusive business model. The company was founded in 2017 by Lindsay Wrege and Michael Evans. The two met during their freshman year as Park Scholars at NC State University. They had the vision to build a company founded on inclusion. The team began in 2017 by setting up on folding tables with a home coffee brewer and brought this setup anywhere that would welcome them. These events helped to develop a presence in the community. Raleigh rallied behind the mission and helped 321 grow beyond folding tables. Today, 321 Coffee operates a coffee shop in Downtown Raleigh, Downtown Durham, at the NC State Farmers Market, in Pendo's HQ, and more in the pipeline to expand our impact. We roast our own coffee, offer a full-scale espresso menu, and partner with over 50 different companies to provide them with coffee. Together, we are building a company that stands for inclusion and doing business the right way.

Employees by Management Level

Total employees: 21-50

Seniority

Employees

Entry

Manager

C-Suite

Employees by Department

321 Coffee has 8 employees across 4 departments.

Departments

Number of employees

Funding Data

Explore 321 Coffee's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2021-11-05	1	$20,000,000

Funding Insights

$20,000,000

Total funding amount

$20,000,000

Most recent funding amount

Number of funding rounds

321 Coffee Tech Stack

Discover the technologies and tools that power 321 Coffee's digital infrastructure, from frameworks to analytics platforms.

Modernizr

JavaScript libraries

reCAPTCHA

Security

SiteGround

Hosting

jQuery

JavaScript libraries

Stimulus

JavaScript frameworks

HSTS

Security

Google Analytics

Analytics

Google Workspace

Adobe Fonts

Font scripts

Google Hosted Libraries

CDN

Squarespace Commerce

Ecommerce

Google Tag Manager

Tag managers

Frequently asked questions

321 Coffee is located in 1209 Farmers Market Dr, Market Shoppes Slot 48, US.

321 Coffee generates an estimated annual revenue of $3,079,980. This revenue figure reflects the company's market position and business performance in its industry.

321 Coffee has an estimated valuation of $9,900,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

321 Coffee was founded in 2017, making it 9 years old. The company has established itself as a significant player in its industry over this time.

321 Coffee has approximately 21-50 employees. The company continues to grow its workforce to support its business operations and expansion.

321 Coffee has raised a total of $20,000,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.