Roasting Plant

Roasting Plant

Next generation retail coffee chain.

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$10.0m

Late VC
Total Funding000k
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Roasting Plant positions itself in the specialty coffee market by integrating technology to deliver on-demand, in-store roasted coffee. The company was founded in 2007 in New York's Lower East Side by Mike Caswell, an industrial engineer and former Director of Profit Improvement at Starbucks. Caswell's background in engineering and his experience at Starbucks inspired him to address what he saw as a core issue in the coffee industry: the degradation of flavor in beans roasted weeks or months before consumption. He developed the proprietary and patented Javabot™ Coffee System, an automated technology that roasts green coffee beans in micro-batches within each café. This system uses a fluid-bed roasting process and pneumatically transports beans through clear tubes, creating a distinct in-store visual experience for customers. Upon a customer's order, the system grinds the selected beans—either a single origin or a custom blend of up to four varieties—and brews the coffee, all within about a minute.

The business model centers on this in-store roasting capability, which serves as a key differentiator in a crowded market. By roasting on-site, the company aims to provide a fresher product compared to the traditional centralized roasting model. This approach also introduces operational efficiencies, with the Javabot system reportedly reducing labor requirements by 30% compared to competitors like Starbucks and yielding significant margin gains by eliminating intermediaries in the roasting process. The company generates revenue through sales in its roastery-cafés, an online coffee subscription service, and wholesale distribution. Its client base consists of coffee consumers in urban and high-traffic locations, including airports and grocery stores like The Fresh Market. The company's expansion strategy includes both company-owned stores and previously licensed locations.

Co-founder and Chief Brand Officer Thomas Hartocollis, with a background in marketing from Microsoft and IBM, steers the brand's marketing and sales efforts. The team also includes Roast Master Genevieve Kappler, whose expertise in coffee sourcing and profiling ensures the quality and consistency of the beans, which are sourced from top-tier farms globally. The company has steadily expanded its footprint from its New York origins to cities like Detroit, London, and Washington D.C. A significant $10 million funding round, completed in mid-2024 with participation from existing shareholders and family offices, is set to fuel further expansion in the US and UK and support the ongoing engineering development of the Javabot system.

Keywords: specialty coffee, in-store roasting, Javabot system, coffee automation, Mike Caswell, fluid-bed roasting, pneumatic tube coffee system, fresh roasted coffee, coffee retail chain, coffee technology, on-demand coffee, direct trade coffee, coffee subscription, Thomas Hartocollis, Genevieve Kappler, coffee franchise, urban cafes, airport coffee, coffee shop investment, US coffee market, UK coffee market

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