Algrano AG

Algrano AG connects coffee producers and roasters directly through its trading platform, enhancing collaboration and communication while maintaining full traceability of coffee supply. Founded in 2015 in Zurich, Switzerland, Algrano AG specializes in facilitating direct coffee trading between producers and roasters. The company has closed three funding deals, with the latest being a Series B round in November 2019, raising CHF 4 million, which is the total amount raised to date. The founders, Christian Burri, Gilles Brunner, and Raphael Studer, have brought their expertise to create a platform that meets the needs of both small and large businesses in the specialty coffee sector.

Raphael Studer currently serves as the CEO. Algrano specializes in providing a direct trading platform for coffee, connecting producers and roasters without intermediaries. This platform allows participants to establish direct relationships, facilitating smoother communication and collaboration. Algrano offers a vast selection of coffee lots from hundreds of producers, enabling roasters to source beans that align with their values and quality standards.

The platform supports full traceability of coffee supply, allowing users to know precisely where their coffee originates. Algrano operates in over 50 countries, serving roasters from 33 countries and producers from 22 origins, addressing the needs of diverse clients in the specialty coffee sector. Algrano generates revenue through transaction-based activities on its platform, facilitating sales between producers and roasters. The business model is primarily B2B, where roasters access a live offer list of coffee lots, place orders, and manage their supply chain directly with producers.

Transactions typically involve bulk orders of coffee, with roasters able to schedule deliveries as needed. Algrano's platform also offers financing options to assist with cash flow management for roasters, enabling them to optimize their purchasing strategies. The company creates value by ensuring quality assurance throughout the supply chain, eliminating risks associated with product quality upon delivery. Specific pricing structures for transactions are not disclosed.

Following the Series B funding round in November 2019, where Algrano AG raised CHF 4 million from investors and the company's management, the company is focusing on enhancing its platform and expanding its offerings. Plans for future growth include the development of new products aimed at improving user experience and operational efficiency. Algrano also envisions expanding its market reach into additional regions, although specific geographical targets and timelines for these expansions have not been disclosed.