Steeped Coffee ranked 572nd fastest growing company and 18th in the food & beverage industry
August 18 - 2022
Coffee Geography Magazine
Steeped Coffee, a Certified B Corp and Benefit Corporation has been added to the annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America, for the first time. Out of the 5000 top companies, the disruptive 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 of1,107%. Steeped Coffee may have been some coffee lovers' best-kept secret, but as an impact-driven company using business for change, Steeped Coffee now joins companies like Patagonia, Chobani, and Under Armour who have also gained national exposure as honorees 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,” said Josh Wilbur, Founder and CEO, Steeped Coffee. “Not only is it a tremendous honor, 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.”
Josh Wilbur, Founder and CEO, Steeped Coffee
The company has now partnered with more than 400 of the nation’s top coffee roasters and brands, making specialty coffee more accessible to coffee lovers everywhere. Prepared similar to tea, Steeped Coffee’s proprietary brewing method and certified compostable packaging was awarded ‘Best New Product’ honors at the 2021NEXTY Awards, the 2021 KeHE Summer On Trends® Show, and the 2019 Specialty Coffee Expo — key industry events in North America. This summer, Steeped Coffee completed a highly successful $5M Republic crowd funding 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 U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
Steeped Coffee based in Santa Cruz, California, is a Certified B Corp and Benefit Corporation focused on every detail from farm-to-cup and beyond. It is the new standard in coffee, helping to make great-tasting craft coffee more accessible through its proprietary technology and Steeped Brewing Method, which is licensed to over 400 of the top specialty roasters around the globe.
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc.