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Roasting Plant

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Next generation retail coffee chain

New York City, United StatesFounded 2007Consumer Services
Valuation $50–100M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Roasting Plant and the history behind them.

About Roasting Plant

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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2007
Headquarters
New York City, United States
Employees
42
Open positions
None listed
Dealroom signal
63.1/100
Industry
Media
Sub-industry
Content production
Sector
Consumer Services, Wholesale, Hard Tech
Client focus
b2c

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Jul 2024 $10M $40M Undisclosed ↗
CONVERTIBLE✓Equity / VC Oct 2023 $0 — Undisclosed ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Roasting Plant website traffic

Latest recorded traffic for Roasting Plant is 4.2K monthly website visits, down 14.3% over the last three months. Roasting Plant's team grew 10.5% over the past year.

Latest monthly visits4.2K 3-month web change-14.3% 1-year team growth+10.5%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Black Jays Investments

Other known investors1 additional known investor

  • Matty Yohannan
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇺🇸 United States69.6%
🇬🇧 United Kingdom21.7%
🇮🇹 Italy4.3%
🇺🇾 Uruguay4.3%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Roasting Plant on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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