Los Angeles-based celebrity-centered coffee company Chamberlain Coffee has raised an additional $7 million through a mix of existing and new investors.
The company says the new money will be used to accelerate the expansion of Chamberlain Coffee products into retail stores nationwide.
Chamberlain Coffee maintains undisclosed private-label partnerships for its roasted coffees, while also turning to wholesale suppliers for a range of branded coffee products, such as single-serve cold brew steeping packs, matcha teas, coffee pods, RTD canned lattes and more.
Leading the latest funding round are existing Chamberlain Coffee investors Blazar Capital, Emma Chamberlain and United Talent Agency. The latter maintains an in-house venture capital division called UTA Ventures that works with celebrities to build consumer product brands.
New investors involved in this round include the Boston-based firm Volition Capital, Electric Feel Ventures (Instagram), beverage-focused L.A. Libations, and retail and distribution expert Noah Bremen.
“Growth and innovation is at the core of everything we do and this fundraise will allow us to continue creating new products and grow our brand awareness,” Chamberlain Coffee CEO Christopher Gallant said in an announcement of the new funding round today. “We’re extremely grateful to our returning investors for continuing to believe in the brand and the new ones who are coming on board, sharing in our vision for this next chapter at Chamberlain Coffee.”
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Nick Brown is the editor of Daily Coffee News by Roast Magazine.