How Much Did Espresso 77 Raise?
Funding & Key Investors

Espresso 77 has successfully secured a significant capital injection, bringing its total funding to $49K. This latest financing round, which accounts for $49K, underscores the company's robust position within the competitive New York City hospitality landscape. By leveraging this substantial expansion capital, the firm is well-positioned to scale its unique blend of community-focused retail and artisanal coffee services across its established footprints in Jackson Heights and Park Slope.

The infusion of resources marks a pivotal moment for the brand, transitioning from a localized neighborhood staple to a more scalable enterprise model. This strategic financial backing provides the necessary liquidity to enhance operational efficiencies while maintaining the high-quality standards that have defined its market presence.

What is Espresso 77?

Espresso 77
HospitalityRestaurant Reservations

Espresso 77 operates as a multifaceted independent espresso bar and community hub, strategically located in the vibrant neighborhoods of Jackson Heights, Queens, and Park Slope, Brooklyn. The company distinguishes itself through a curated menu of freshly sourced coffee, artisanal pastries, and a selection of craft wines and beers. Beyond its core retail offerings, Espresso 77 functions as a cultural anchor, frequently hosting gallery shows and community art talks that foster deep local engagement.

By integrating a high-quality food and beverage program with a commitment to local arts, the company has cultivated a loyal customer base. This hybrid business model—combining traditional cafe operations with community-centric event programming—creates a resilient revenue stream that differentiates the brand from standard coffee chains and provides a strong foundation for future growth.

How much funding has Espresso 77 raised?

Espresso 77 has raised a total of $49K across 1 funding round:

2021

Debt

$49K

Debt (2021): $49K with participation from PPP

Key Investors in Espresso 77

PPP

Public-Private Partnership

What's next for Espresso 77?

With the recent influx of capital, Espresso 77 is poised to accelerate its growth trajectory by optimizing its supply chain and potentially expanding its physical footprint. The management team is expected to focus on scaling the successful community-engagement model that has proven effective in its current locations. Future strategic initiatives will likely involve enhancing the digital customer experience and refining the all-day menu offerings to capture a broader demographic of urban consumers.

As the company navigates this expansion phase, the focus remains on balancing rapid growth with the preservation of its distinct neighborhood identity. Investors will be monitoring the firm's ability to maintain its high-touch service standards while scaling operations, ensuring that the brand remains a cornerstone of the communities it serves.

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Frequently Asked Questions Regarding Espresso 77 Financial Insights

What are the most recent funding rounds that Espresso 77 has completed, and what were the funding rounds?
Espresso 77 has recently completed 1 funding rounds: Debt on Feb 27, 2021.
What is the total amount of funding Espresso 77 has raised to date?
Espresso 77 has raised a total of $49K in funding to date.
How many funding rounds has Espresso 77 completed?
Espresso 77 has completed 1 funding rounds.
How much funding did Espresso 77 raise in its most recent funding round?
Espresso 77 raised $49K in its most recent funding round.
Who are the lead investors in Espresso 77's latest funding round?
The lead investor in Espresso 77's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Espresso 77's history?
The largest funding round in Espresso 77's history was $49K.
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