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US-Based The Green Coffee Company Secures $25 MoreDaily Coffee News by Roast Magazine

admin by admin
June 10, 2023
in Coffee News


Green Coffee Company press photo.

Seeking to become the world’s largest individual producer of arabica coffee, Colombia-focused The Green Coffee Company (GCC) has closed a $25 million Series C funding round.

Headquartered in the United States under the investment umbrella of the firm Legacy Group, GCC maintains coffee production operations in Colombia, with a base in Medellín.

The Series C round follows a Series B round of $9.6 million, closed in late 2021. The coffee-focused company says it has secured more than $60 million in investments in the business, largely from affluent groups or “high-net-worth” individuals in the U.S.

Since its founding in 2017, GCC has secured more than 3,600 hectares of coffee land comprising more than 11.5 million coffee plants, which it says makes it the largest individual coffee producer in Colombia.

In an announcement this week, the Green Coffee Company said it is considering a 2026 initial public offering (IPO) in the U.S.

“The Green Coffee Company is offering unprecedented access to investment in one of the world’s most timeless and in-demand commodities: Coffee,” GCC Founder Cole Shephard said in this week’s announcement. “We’re the only operator at-scale giving accredited international investors this opportunity.”

As opposed to most U.S.-based, vertically oriented companies with operations in traditional coffee-producing countries, Green Coffee Company’s pitch pays little service to concepts such as value chain equity or sustainability. Instead, the company’s U.S. messaging remains geared towards investors.

“The $25 million Series C equity raise is a testament to the credibility we have in the market,” Shephard said in the announcement. “With our ever-expanding investor base, this raise brings our total equity funding to-date to over $60 million. In a market like Colombia, the impact we can have with this capital is market-defining and will be globally disruptive to how we drink coffee.”


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