Artly

Robots Serving Coffee

Company Information

Website:

https://www.startengine.com/artly

Sector:

Foodservice

Location:

Seattle, WA

Your next cup of coffee could be prepared and served by a robot. And it’s thanks to a startup called Artly.

Artly uses Artificial Intelligence and robotics technology to create unique robotic baristas. These machines mimic human skills to grind, assemble, and serve cups of coffee.

The global coffee market is projected to reach nearly $500 billion by 2028. Artly has nineteen robots deployed at nine locations, and these machines have already made more than 350,000 cups of coffee. Revenue has grown from $100,000 in 2021 to $910,000 in 2022. This year, the company is opening four new stores in California, New York, and Oregon.

Team Background

Meng Wang - Co-Founder & CEO
Joe Yang - Chief Coffee Officer

Co-Investors

Raising
$1.23 million
Committed
$160.933K (13%)
Current Valuation
$99.97 million
Min. Investment
$492
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
Notable Investors
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