Starbucks
Starbucks operates coffeehouses and offers a range of coffee drinks, food items, and merchandise for customers. It aims to deliver high-quality coffee and create welcoming environments that foster human connection, while supporting communities and promoting sustainability throughout its operations.
Facts
- HQ
- Washington
- Sectors
- Food & Beverage, Retail, Hospitality
- Founded
- 1971
- Type
- Corporation Seattle business license
- Registered name
- Starbucks Corporation Seattle business license
- Stage
- Public
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Starbucks CEO Kevin Johnson Joins Board of Seattle Customer-Data Startup Amperity
Starbucks CEO Kevin Johnson is joining the board of Seattle customer-data startup Amperity, which provides software to connect disparate customer data for targeted marketing and counts clients like Alaska Airlines, Patagonia and Kroger; Starbucks was an early adopter of Amperity.
Seattle's Stackline Raises $50M from Goldman Sachs to Expand E-Commerce Intelligence Platform Amid Pandemic Boom
Stackline, a Seattle-based e-commerce intelligence platform serving clients like Sony and Starbucks, raised $50 million from Goldman Sachs Growth Equity in its first outside funding round to expand amid rapid online retail growth during the pandemic.
Joe Heitzeberg (Crowd Cow CEO) on picking the right idea, validating with strangers, and scaling a marketplace
Investors laughed at the original idea for Crowd Cow. But consumers wanted to buy right away. Now they've raised $25M, grow to 90 employees, and went from selling crowd-funded cows to a complete marketplace. Joe Heitzeberg, co-founder & CEO, goes behind the scenes on his lessons validating and scaling Crowd Cow.
Uber Freight raises $500M led by Greenbriar, valuing the unit at $3.3B
Uber Freight raised $500 million in a funding round led by Greenbriar that values the trucking logistics unit at $3.3 billion, and the business reported $211 million in adjusted net revenue for Uber’s most recent quarter with a $49 million quarterly loss. The unit operates a digital freight marketplace with about 65,000 carriers and competes with startups like Convoy, which recently raised $400 million at a $2.7 billion valuation.
Seattle fintech Level to extend over $1 million in flexible cash advances to gig workers this year, CEO David Edelstein says
Seattle fintech startup Level partners with gig-economy marketplaces to offer flexible credit advances to independent contractors, and expects to extend over $1 million in cash advances by year-end as demand rises during the pandemic.
Snowflake, Madrona and a giant IPO; Bill Gates Sr.; Apple, UW and COVID
Here’s what we’re talking about on the GeekWire Podcast this week: Snowflake, the data warehousing company, came out with a bang this week in its public debut, raising $3.4 billion in the largest software IPO ever. It reignited a debate over the the IPO process and inequality in the allocation of shares when a company goes public. Snowflake's IPO was also a successful outcome for Seattle's Madrona Venture Group, resulting from a departure from its normal investing strategy. We'll explain what happened, and what it could mean for the future. When Bill Gates Sr. died this week at age 94…
GeekWire Taste Test: Seattle’s Rebellyous Foods Plant-Based Nuggets Rival McDonald’s McNuggets, Offer Lower Calories and No Cholesterol
A GeekWire reviewer tested Seattle startup Rebellyous Foods’ plant-based "Kickin’ Nuggets" against McDonald’s Chicken McNuggets and Kidfresh white-meat nuggets, finding Rebellyous crisp, flavorful and hard to distinguish from real chicken. The reviewer prefers the Rebellyous option for its lower calories, lower sodium, cholesterol-free profile and environmental/animal-welfare benefits.
Former Expedia CEO Mark Okerstrom named president and COO of Convoy as startup tops 1,000 employees
Former Expedia CEO Mark Okerstrom joins Seattle digital freight startup Convoy as president and COO to oversee finance, operations, marketing and marketplace growth as the company surpasses 1,000 employees and a $2.7B valuation.
Former Intellectual Ventures EVP Maurizio Vecchione named CEO of Washington Global Health Alliance; Shujinko hires three executives after $7.5M raise
Maurizio Vecchione, former Intellectual Ventures EVP, was named president and CEO of Seattle-based Washington Global Health Alliance and K.R. Prabha named board chair; Seattle startup Shujinko added three senior hires after a $7.5M raise; Oracle appointed Clay Magouyrk EVP for Oracle Cloud Infrastructure and UW named Dr. Ekin Yasin director of its Communication Leadership graduate program.
Atomo Coffee raises $9M to build 12,000 sq ft Seattle roastery for molecular coffee near Starbucks HQ
Seattle-based Atomo Coffee raised $9 million in a funding round led by Horizons Ventures and S2G Ventures to scale its molecular coffee made from upcycled plant materials and open a 12,000-square-foot roastery near Starbucks headquarters. The company plans regional product launches in 2021 for a molecular coffee concentrate and Atomo Grounds aimed at reducing coffee’s environmental impact and removing bitterness.
Joe Coffee raises $1.3M in second seed round led by Craft Ventures as mobile orders surge 20x
Seattle startup Joe Coffee raised $1.3 million in a second seed round led by Craft Ventures to expand its mobile order-and-pay and rewards platform, which now serves over 1,000 independent coffee shops and has seen sales grow 20x since March during the pandemic.
Seattle technologists and restaurateur launch Off Their Plate and FoodPair to route meals from struggling restaurants to healthcare workers and vulnerable residents
During the COVID-19 pandemic Seattle technologists and restaurant owners launched donation-driven projects to connect struggling restaurants with people in need, including healthcare workers, low-income children, seniors and people experiencing homelessness. Initiatives include Off Their Plate, which provided over 8,600 meals to local healthcare workers, and FoodPair, a new startup from Expedia Group's Katherine Cheng and co-founder Marie Gill to match donors, restaurants and recipients.
Hiya names Hillery Nye GC and John Novak SVP of Marketing; Unity hires Scott Pitasky; Bellevue College appoints Gary Locke interim president
Seattle caller-ID startup Hiya hired Hillery Nye as general counsel and John Novak as SVP of marketing; Unity Technologies named Scott Pitasky chief people officer. Bellevue College appointed former Washington governor Gary Locke as interim president starting June 15.
Uber, Grubhub and Seattle; Amazon's virus-killing robot; Surface Earbuds first take
Here’s what we’re talking about this week on the GeekWire Podcast. Word leaked out this week that Uber is considering buying food-delivery service Grubhub, and it turns out there are many Seattle connections behind the possible deal, including links to Expedia and several other companies. Food delivery is a tough market to make a buck in, for companies and their drivers, so what's in the deal for Uber? Uber Eats is #2 and Grubhub is #3 in food delivery services, behind leader DoorDash. DoorDash grew its market share 42% in March while Grubhub stayed flat. Uber Eats grew 20% (it…
Smartsheet CFO Jennifer Ceran joins Auth0 board; Auth0 hires three execs; Outreach opens NYC office led by David Rubinstein
Smartsheet CFO Jennifer Ceran joined the board of Bellevue identity provider Auth0 as she prepares to retire, and Auth0 added three senior hires: Holly Files (SVP customer success), Cassio Sampaio (VP product) and Ken Oestreich (VP product marketing). Separately, Seattle sales-engagement firm Outreach is opening a New York City office led by David Rubinstein as part of its U.S. and international expansion.
GeekWire Podcast: Amazon reports 26% Q1 sales growth but 30% profit drop, pledges $4B for COVID response; Bezos warns shareholders
The GeekWire Podcast discusses Amazon’s Q1 results and pandemic response — including $4 billion in COVID-19-related spending and CEO Jeff Bezos warning of costly challenges — plus worker safety concerns and calls for his Congressional testimony. The episode also covers a Madrona-led workplace-reopening toolkit (with input from Amazon, Microsoft, Starbucks) and a COVID-19-driven decline in Pacific Northwest startup funding through April.
Bezos is Back
Here’s what we’re talking about this week on the GeekWire Podcast: Amazon's sales rose 26% in the first quarter as the COVID-19 crisis made the online retailer an even bigger part of many lives, but profits were down 30% due to expenses from dealing with the virus. Amazon CEO Jeff Bezos gave a clear message to shareholders, saying they "may want to take a seat," because there are big challenges ahead and they won't be easy or cheap to overcome. The company says it will spend $4 billion this quarter on initiatives related to the pandemic. With Amazon bigger and…
Foursquare and Factual merge under Foursquare brand with David Shim named CEO; Sue Desmond-Hellmann joins Pfizer board
Foursquare and Factual are merging under the Foursquare brand with Placed founder David Shim as CEO; Sue Desmond-Hellmann joined Pfizer’s board after leaving the Gates Foundation, and other executive moves include Microsoft hiring Rubén Caballero and leadership change at Egencia.
Seattle startup Joe Coffee says mobile orders tripled amid COVID-19, waives commissions and defers fees to help hundreds of shops
Seattle coffee tech startups, including Joe Coffee, are racing to support independent cafes as coronavirus closures disrupt routines; Joe Coffee reports mobile orders tripled and is waiving commissions and deferring setup fees to help shops stay open. Larger chains like Starbucks have shifted to drive-thru models while local startups onboard more shops to meet surging demand.
Lighter Capital names Patricia Elliott CSO and Kevin Fink CTO after $100M deal; Gaby Adam launches OurPlanet365; Accolade adds Pat Wadors to board
Seattle-based Lighter Capital hired Patricia Elliott as chief sales officer and Kevin Fink as chief technology officer after securing a $100 million deal; PR veteran Gaby Adam launched sustainability consultancy OurPlanet365; Accolade added Pat Wadors to its board as talent leader.
WestRiver Group mandates one-woman, one-man co-leadership for each VC fund as it eyes $150M Pacific Northwest raise
Seattle-based WestRiver Group will require each of its venture capital funds to be co-led by one man and one woman, a strategy it says drives bigger returns; the firm manages about $2 billion and is considering raising its Pacific Northwest fund to $150 million. Notable leaders include founder Erik Anderson, Lisa Stone, Richelle Parham, Scott Maw, Anthony Bontrager, Laurel Buckner, George Montgomery and Deepa Prasad.
Seattle Startup Picnic Raises $5M Seed Funding for Pizza-Making Robot Assembling 300 Pizzas Per Hour
Seattle startup Picnic raised $5 million in a seed round to advance their pizza-making robot, which can assemble 300 pizzas per hour and has attracted global interest. The funding will help develop the next version and expand pilot programs, addressing labor shortages in the food industry.
Why millennials love Amazon
Amazon ousted Apple this year as the most loved brand among millennials, people age 19 through 39, according to a new study. What does this say about the future of the world? OK, that might be taking it too far, but some of our resident millennials offer their take on this episode of the GeekWire Podcast. And in news for slightly older generations, the startup HopSkipRide made its debut in Seattle this week, promising to safely shuttle your kids around town. We explain how it works and try to decide if we and our kids will use it. Plus, in…
Colette Courtion
Colette Courtion has founded three venture-backed consumer health and beauty related startups. During this episode, Colette takes us through her journey from a quiet child to a leader and innovator. She shares the lessons she learned while working at Starbucks for eight years, how she started Calidora Skin Clinics, and what ultimately made her decide to sell it. In the midst of growing her second company, JeNu Biosciences, Colette’s decision to get pregnant and the information her girlfriends shared with her ended up birthing the idea for her current company, Joylux. Founded in 2014, Joylux is a leading global femtech…
Founded and Funded Episode 2: Amperity CEO Kabir Shahani on Building Culture, Values and Management Lessons
The Founded and Funded podcast interviews Amperity founder and CEO Kabir Shahani about building company culture and values since the company's 2017 launch, including a practical one-hour exercise Shannon Anderson shares for founding teams to create core values. The episode also discusses Amperity's client work, a company-only book that inspired the podcast, and lessons Shahani learned about management and entrepreneurship.
People
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Brady Brewer Executive, Chief Executive Officer
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Cathy Smith Executive, Chief Financial Officer
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Mike Grams Executive, Chief Operating Officer
