For Five Coffee Roasters announced it has secured a significant growth investment from a group of strategic investors to support the company’s continued national expansion. The funding will be used to expand production capacity at its Queens roasting facility, accelerate the opening of new retail cafés across metropolitan markets, and scale its wholesale and hospitality operations.
Founded in 2010 by lifelong friends Stefanos Vouvoudakis and Tom Tsiplakos, the company has evolved from a single roasting facility into a vertically integrated specialty coffee platform spanning roasting, retail, wholesale, and hospitality services.
For Five Coffee Roasters currently operates 40 retail locations nationwide, including 21 flagship cafés and 19 locations situated within corporate and hotel venues. The company also has 12 additional sites under development and serves more than 3,500 enterprise partner establishments through its wholesale business.
The investment round was led by Nicholas Karalis and Michael Bapis, both of whom joined the company’s board of directors alongside the co-founders. The company said the investors bring experience in operations, capital markets, and retail growth to support the next phase of expansion.
Headquartered in New York, For Five Coffee Roasters sources, imports, and roasts its own coffee blends and single-origin offerings under its proprietary label. The company’s cafés range from kiosk and grab-and-go concepts to full-service restaurant formats and are designed to reflect the character of their surrounding neighborhoods.
Support: Kramer Levin Naftalis & Frankel and McGuireWoods served as legal counsel for the transaction, while Baker Tilly Advisory Group acted as accounting and tax advisor.
KEY QUOTES:
“We’ve built For Five with a relentless focus on execution, quality, and the guest experience. With the support of our new partners, we’re ready to take the brand to the next level – further expanding our footprint and introducing a new standard for hospitality in the luxury coffee space.”
Stefanos Vouvoudakis, CEO And Co-Founder, For Five Coffee Roasters
