The Green Coffee Company, a Medellin, Colombia-based coffee producer, raised $25m in Series C Equity funding.
The backers were not disclosed.
The company, part of the Legacy Group portfolio, intends to use the funds to expand Colombian farming operations, to accelerate its U.S.-based coffee roasting operations, and to enable to launch lines of liquors and spirits distilled from coffee cherries and other coffee ‘waste.’
Led by Cole Shephard, Founder, The Green Coffee Company is a consolidated coffee farming operation with operations based in Colombia. It has complete control of the supply chain, from cultivation to processing to direct trade with end-clients. GCC now has total landholdings in excess of 9,000 acres and more than 11,500,000 coffee trees under ownership.
The company is currently seeking $65m of institutional debt capital to supplement the equity raise in order to execute on its expansion plans. The financing to-date has been funded by more than 450 individual accredited and high-net-worth individual investors primarily from the U.S., who have invested over $60m in the business.
GCC is considering a potential 2026 U.S. IPO exit.
FinSMEs
08/06/2023