Who owns Philz Coffee?

August 2024 · 1 minute read

Philz Coffee is an American coffee company and coffeehouse chain based in San Francisco, California, and is considered a major player in third-wave coffee. Philz Coffee focuses on making pour-over coffee.

who-owns-philz-coffeeWho owns Philz Coffee?

Founded by Phil Jaber in San Francisco’s vibrant Mission District, Philz has always had one goal in mind: to better the days of everyone who walked in. Phil Jaber, born in Palestine, and his son Jacob founded Philz Coffee in 2003.

Phil operated a corner grocery in San Francisco’s Mission District for over 25 years and had strong ties to the community. In 2005, Phil’s son, Jacob Jaber, took over the operation and became the company’s CEO, taking the lead on expansion and building the company’s internal structure.

Philz Coffee secured a round of funding in 2013 from Summit Partners and a few private investors to expand into new markets, leading to the first Philz Coffee outside the Bay Area in Santa Monica California.

In February 2015 they secured a $15M Series B round to help them expand worldwide. Moving to 2016, they closed a $45M Series C round from San Francisco-based private equity firm TPG Growth to continue the expansion.

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