Coffee Service

Steeped Coffee raises an additional $5M

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July 8, 2022

Steeped Coffee, a Santa Cruz, California, based provider of single-serve coffee packs with a presence in the convenience services market, has raised $5 million from more than 4,500 investors in under 48 hours on the Republic private investing platform.

While the offering is sold out, the firm now has a wait list for retail investors with a separate offering for accredited investors, according to a crowdfundinginsider.com report.

With a $33 million valuation cap, the company previously raised $5 million in venture capital.