Santa Cruz-based coffee company is ranked no. 85 on Inc. 5000 Pacific Region List with two-year revenue growth of 220%
Santa Cruz, CA, March 1, 2023 – Steeped Coffee, a Certified B Corp and Benefit Corporation, has been named the 85th fastest growing private company in the Pacific Region by Inc. Magazine. Born of the annual Inc. 5000 franchise, this prestigious list represents a unique look at the most successful private companies in Alaska, Hawaii, California, Oregon, and Washington. With this recognition, Steeped joins household names like Patagonia, Chobani, and Under Armour, who first gained national exposure as honorees on the Inc. 5000 ranking.
“Being ranked no. 85 out of nearly 200 companies in the Pacific Region is truly an honor,” said Josh Wilbur, CEO and Founder, Steeped Coffee. “We started this business to reimagine the single-serve coffee industry – to deliver the rich and flavorful taste of specialty coffee without the dependence on pods, plastics, and plugs. Since day one, we’ve believed that conscious consumers want to enjoy single-serve coffee without impacting the planet, and that’s what drives us to keep expanding.”
Brewed like tea, the game-changing Steeped Brewing Method delivers craft-roasted, precision ground coffee in fully compostable packs and bags for the perfect barista-approved cup anytime, anywhere. To fulfill its mission to make specialty coffee more accessible and single-serve more sustainable, Steeped not only offers its own award-winning roasts in sustainable single-serve Steeped Bags, but also licenses its brewing technology to over 450 of the nation’s top specialty roasters. Awarded ‘Best Portable Brew’ in Good Housekeeping’s 2022 Coffee Awards, ‘Best New Product’ at Expo East 2021, and ‘Best of Show’ at the 2021 KeHE Summer On Trends®, the company’s award-winning blends are available online and in select retailers nationwide.
“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disruptors and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” said Scott Omelianuk, editor-in-chief of Inc. magazine.
Steeped Coffee’s listing on the Inc. 5000 Regionals can be found at inc.com/profile/steeped.
Complete results of the Inc. 5000 Regionals: Pacific, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/pacific.
Based in Santa Cruz, California, Steeped Coffee is a Certified B Corp and Benefit Corporation helping to make great-tasting craft coffee more accessible, more ethical, and more sustainable through its patent-pending Steeped Brewing Method. The proprietary method brews coffee similarly to tea in pre-portioned compostable coffee bags, allowing coffee lovers to enjoy a delicious cup of coffee anytime, anywhere. Licensed to over 450 of the top specialty roasters around the globe, the Steeped Brewing Method is the easiest way to make a perfect cup of coffee by simply adding water without pods, plugs, or expensive equipment. Welcome to Coffee Simplified.
More about Inc. and the Inc. 5000 Regionals
The 2023 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2019 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2019. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2021 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.