The New York Times, November 2, 2018. APR 16, 2023 /PRNewswire/ -- The Cumulus Coffee Company announced today that it will soon be introducing a new solution that will make brewing premium cold brew at home in a matter of seconds, the first of its kind. In addition, the company announced that it has raised $20 million in funding.An investment of $3M has been made by Valor Siren Ventures and Valor Equity Partners, with participation from investors such as Carveron, Howard Schultz, Linden Ventures, Carter Reum, and Ryan Tedder.. As a result of cutting-edge technology and world-class expertise in both the science and craft of coffee making, this is a pivotal moment in the evolution of cold coffee.
As a result of cutting-edge technology and world-class expertise in both the science and craft of coffee making, this is a pivotal moment in the evolution of cold coffee.
There will be an opportunity to pre-order Cumulus' cold brew machine and its specialized coffee capsules from www.cumuluscoffee.com starting today.
Throughout the past few years, coffee has experienced a significant shift as consumers have overwhelmingly switched from hot coffee to cold coffee. According to Howard Schultz, Chairman Emeritus of Starbucks, there is an enormous opportunity for Cumulus to bring premium cold coffee beverages to the home and raise the bar for all cold brew coffees."
In order to bring the sacred ritual of enjoying delicious, handcrafted cold coffee into your home in a way that has never been done before, our team of experts in coffee, technology, and design have been working tirelessly to achieve this goal," commented Mesh Gelman, founder and CEO of The Cumulus Coffee Company, who has previously held leadership roles in Starbucks for over six years.. The cold coffee market in the U.S. is enormous, with 75% of American café drinkers opting for cold coffee over hot coffee now, according to a recent survey. The Cumulus team and I are so proud of what we have accomplished so far and we cannot wait to share Cumulus' coffee with the world as well as its revolutionary machine with the world.
The Cumulus team and I are so proud of what we have accomplished so far and we cannot wait to share Cumulus' coffee with the world as well as its revolutionary machine with the world.

Source prnewswire