Wednesday, October 14, 2015

Philz Coffee

Philz Coffee is an American coffee company and coffeehouse chain based in San Francisco, California. Philz Coffee focuses on making the best drip coffee. Each cup is handcrafted one cup at a time by baristas dedicated to personalizing the customer experience. Philz Coffee has 26 locations in San Francisco/Bay Area and Los Angeles California and is expanding in Washington, DC in 2016. Company history: Phil Jaber founded Philz Coffee in 2003. Phil operated a corner grocery in San Francisco’s Mission District for over 25 years and had strong ties to the community. Having always had an interest in coffee, Phil began experimenting with different coffee beans from around the world to create over 30 unique coffee blends. Each blend ranges from 2 to as many as 7 different beans from around the world. He visited hundreds of coffee shops to study customer interactions. He believed coffee had a strong social component and wanted to create a place where people could come together to socialize, exchange ideas and feel comfortable. Phil began making his regular customers cups of coffee and finishing the cup with a mint leaf. He soon had a cult-like following among San Francisco locals. In 2003, Phil converted his corner store into the 1st Philz Coffee location where it remains as the company’s flagship store. In 2005, Phil’s son Jacob Jaber took over operation and became the company’s CEO, taking the lead on expansion and building the company’s internal structure. Philz Coffee secured a round of funding in 2013 by Summit Partners and a few private investors to expand into new markets, leading to the first Philz Coffee outside the Bay Area in Santa Monica California. They also secured a Series B in February 2015 in order to help them expand worldwide

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