Starbucks - About the company
Starbucks is a public company based in Seattle (United States), founded in 1971 by , and . It operates as a Chain of limited-service restaurants serving coffee. Starbucks has raised an undisclosed amount in funding. The company has 1532 active competitors, including 86 funded and 178 that have exited. Its top competitors include companies like Burger King, Cracker Barrel and First Watch.
Company Details
Chain of limited-service restaurants serving coffee. It purchases and roasts high-quality coffees that it sells, along with tea, snacks, grocery, and other beverages. In 2022, the company recorded annual revenues of $32.25B and a net profit of $3.28B.
- Website
- Social
- Email ID
- @starbucks.com
- Phone Number
- +1
Key Metrics
Founded Year
1971
Location
Seattle, United States
Stage
Public
Latest Funding Round
Investors
Ranked
4th among
Annual Revenue
as on Oct 01, 2023
Employee Count
as on Sep 30, 2024
Investment & Acquisitions
&
Similar Companies
Exit Details
Public
Legal entities associated with Starbucks
Starbucks is associated with 3 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Nov 10, 2004 | - | 681 | 313 | |
Sep 18, 1995 | $4.62B (as on Sep 30, 2022) | 581 | 534 | |
Dec 26, 999 | $36B (as on Oct 01, 2023) | 642 | 942 |
Starbucks's funding and investors
Starbucks has raised funding over 2 rounds. Its first funding round was on Mar 17, 2016. Its latest funding round was a Post IPO round on Oct 09, 2018 for $900M. 1 investor participated in its latest round, which include H&Q Asia Pacific, Boston York Restaurant Group, Goldman Sachs and Vedanta Capital.
Starbucks has 12 institutional investors including , and .
Here is the list of recent funding rounds of Starbucks:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Oct 09, 2018 | $900M | Post IPO | 9879156 | 5401747 | |
Mar 17, 2016 | $500M | Post IPO | 1202674 | 1030042 | - |
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Starbucks's founders and board of directors
The founders of Starbucks are , and . is the CEO of Starbucks. has founded 1 more company - . has founded 1 more company - .
View details of Starbucks's Founder profiles and Board Members
Starbucks's employee count trend
Starbucks has 361,000 employees as of Sep 24. The total employee count is 5.2% lower than what it was in Sep 23. Here is Starbucks's employee count trend over the years:
Uncover Starbucks's growth story! Sign up today!Starbucks's Competitors and alternates
Top competitors of Starbucks include Burger King, Cracker Barrel and First Watch. Here is the list of Top 10 competitors of Starbucks, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st |  Burger King 1954, Miami (United States), Public | Chain of restaurant serving burger | $100M | Capital Group, Bain Capital Private EquityÌý&²¹³¾±è;Ìý | 75/100 |
2nd |  Cracker Barrel 1969, Lebanon (United States), Public | Chain of limited service restaurants | - | - | 70/100 |
3rd | First Watch 1983, Bradenton (United States), Public | Chain of limited service restaurant | - | 70/100 | |
4th | Starbucks 1971, Seattle (United States), Public | Chain of limited-service restaurants serving coffee | - | H&Q Asia Pacific, Boston York Restaurant GroupÌý&²¹³¾±è;Ìý | 69/100 |
5th | Cafe Coffee Day 1993, Bengaluru (India), Public | Coffee shop chain | $236M | Vedanta Capital, WestBridge CapitalÌý&²¹³¾±è;Ìý | 68/100 |
6th |  Third Wave Coffee Roasters 2016, Bengaluru (India), Series C | Internet first brand offering coffee | $69.9M | WestBridge Capital, Astir VenturesÌý&²¹³¾±è;Ìý | 66/100 |
7th | Devyani International 1991, Delhi (India), Public | Restaurant chains group | $153M | ICICI Venture, TemasekÌý&²¹³¾±è;Ìý | 65/100 |
8th | Bojangles 1977, Charlotte (United States), Acquired | Fast food restaurant chain | - | InterWest Partners, Industrial Investors GroupÌý&²¹³¾±è;Ìý | 65/100 |
9th | Caffe Nero 1997, London (United Kingdom), Funding Raised | Premium award-winning Italian coffee chain with a warm and welcoming atmosphere, offering good food and great personal service | - | The Carlyle Group, Goldman SachsÌý&²¹³¾±è;Ìý | 65/100 |
10th |  Blank Street 2020, Brooklyn (United States), Series B | Restaurant serving coffee | $106M | General Catalyst, Tiger Global ManagementÌý&²¹³¾±è;Ìý | 65/100 |
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Starbucks's Investments and acquisitions
Starbucks has not made any acquisitions yet. Starbucks has made 7 investments. Here is the list of latest three investments:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 20, 2023 | Investments |  | 1982 | Dallas, United States |
Jun 12, 2023 | Investments |  | 1982 | Tampa, United States |
Aug 06, 2021 | Investments | | 1982 | Dallas, United States |
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Reports related to Starbucks
Here is the latest report on Starbucks's sector:
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News related to Starbucks
Media has covered Starbucks for a total of 389 events in the last 1 year, 221 of them have been about company updates and 39 about people movement.
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City A.M.•Apr 28, 2025•Starbucks,
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Business Wire•Apr 24, 2025•Starbucks,
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MarketBeat•Apr 20, 2025•Starbucks
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MarketBeat•Apr 20, 2025•Starbucks
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MarketBeat•Apr 14, 2025•Starbucks,
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