Concordia Coffee

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Concordia Coffee - overview

Established

1990

Location

Bellevue, WA, US

Primary Industry

Consumer Products

About

Concordia Coffee specializes in designing and manufacturing Super Automatic Commercial Espresso Machines, providing high-quality coffee solutions for the food service industry with minimal manual effort. Concordia Coffee, founded in 1990 and headquartered in Bellevue, US, specializes in coffee equipment manufacturing. The company was acquired by The Middleby Corporation in September 2014 for an undisclosed amount. The latest funding round raised USD 1.


50 mn, which corresponds to the total amount raised to date. Concordia Beverage Systems specializes in the design and manufacturing of Super Automatic Commercial Espresso Machines, engineered to deliver café-quality beverages with minimal manual intervention. Their flagship product, the one-button, bean-to-cup espresso machine, automates the processes of grinding, brewing, and steaming milk, mimicking the actions of a professional barista. This technology is aimed at businesses in the food service industry, including convenience stores, restaurants, cafeterias, and healthcare facilities.


Concordia also markets its products internationally, facilitating global reach. Concordia Beverage Systems generates revenue through direct sales of its equipment to commercial clients, focusing on B2B transactions within the food service sector. Clients purchase espresso machines outright or through tailored financing options. Revenue is primarily derived from the sale of Super Automatic Espresso Machines, which streamline operations in busy environments.


Ongoing customer relationships often involve service agreements or maintenance plans to ensure optimal machine performance, although specific pricing for these services has not been disclosed. In the future, Concordia Coffee plans to expand its product line and enhance its market presence. The company is focusing on the introduction of new, innovative espresso machines and aims to penetrate additional international markets by leveraging the support from its recent funding of USD 1. 50 mn.


This strategic initiative is positioned to drive growth and improve customer engagement in targeted geographical regions.


Current Investors

Fluke Venture Partners, Swiftsure Capital, Marker Hill Capital

Primary Industry

Consumer Products

Sub Industries

Consumer Electronics

Website

www.concordiacoffee.com

Verticals

Manufacturing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

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