Spinn has raised $20.0M in total across 1 funding round.
Spinn's investors include 01 Advisors, Amazon Alexa Fund, Anzu Partners, Craft Ventures, First Round Capital, Founders' Co-op, Four Rivers Group, Harrison Metal, Innovation Works, Newlin, SciFi VC, Spark Capital.
Spinn is a San Francisco-based consumer technology company specializing in innovative coffee brewing hardware and a connected coffee marketplace.[1][2][4] It builds the Spinn 2, a Wi-Fi-enabled, app-controlled coffee maker that uses patented centrifugal brewing technology to grind fresh beans and brew multiple coffee styles—including espresso, drip, and cold brew—in under 60 seconds without pods, capsules, or filters, serving home users seeking sustainable, customizable coffee experiences.[1][3][4][5] The product solves common pain points like waste from single-use pods, inconsistent brewing, and limited variety by integrating a precision burr grinder (Spinn Drive), variable RPM extraction (500-8000), and access to over 150 roasters via its app, which also handles subscriptions and Alexa voice control.[1][2][3][5] Spinn has raised $25.85M (with some reports citing up to $40M) through crowdfunding and VCs like Spark Capital, achieving product launches like Spinn 2 (first batch sold out) and features like quick cold brew, though it's currently in crowdfunding stage and alive as of recent data.[1][3]
Spinn was founded in October 2014 (some sources note 2015) by Roderick de Rode (CEO), Serge de Warrimont, and Roland Verbeek, engineers passionate about reimagining coffee for the connected age.[1][2] The idea emerged from a desire to combine hardware innovation with e-commerce, launching via a 2016 Kickstarter/Indiegogo crowdfunding campaign that kickstarted its journey and raised initial funds.[1][3] Early traction came from its patented centrifugal brewing process and app integration, evolving from a basic machine to the Spinn 2 with community-driven updates like cold brew mode, backed by $25.85M+ in total funding from investors including Amazon Alexa Fund.[1][3] Headquartered at 1040 Mariposa Street in San Francisco, pivotal moments include software enhancements prioritizing sustainability and user feedback.[1][2][3]
Spinn stands out in the crowded coffee maker market through these key strengths:
Spinn rides the smart home and sustainable consumer tech wave, capitalizing on rising demand for pod-free, eco-friendly appliances amid climate concerns and the $100B+ global coffee market.[1][3][4] Timing aligns with IoT proliferation (Wi-Fi/Alexa integration) and post-pandemic home brewing surges, amplified by crowdfunding's direct-to-consumer model that built a niche before VC scale-up.[1][3] Market forces like anti-pod backlash (e.g., Nespresso waste) and cold brew trends favor its innovations, positioning Spinn to influence the ecosystem by normalizing bean-to-cup marketplaces and app-centric hardware, potentially disrupting incumbents while expanding roaster networks.[2][3][5]
Spinn's trajectory points to scaled production of Spinn 2 (Batch 3 waitlist open) and app enhancements, leveraging its $25M+ war chest for global expansion and more brewing modes amid smart kitchen growth.[1][3][5] Trends like AI personalization, subscription e-commerce, and sustainability mandates will propel it, though competition from Keurig/Nespresso evolutions poses risks—success hinges on marketplace dominance and cold brew validation.[3] As the coffee revolution brews, Spinn could redefine home appliances, blending hardware with discovery to brew lasting consumer loyalty, echoing its pod-free promise from day one.[4]
Spinn has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Series B in June 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2021 | $20.0M Series B | 01 Advisors, Amazon Alexa Fund, Anzu Partners, Craft Ventures, First Round Capital, Founders' Co-op, Four Rivers Group, Harrison Metal, Innovation Works, Newlin, SciFi VC, Spark Capital, SV Angel, Ameet Ranadive, Grant Newlin, Jeff Seibert, Kevin Weil, Othman Laraki |
