Manna Coffee
Starbucks Would Hate to See This Startup Succeed
Company Information
Every day, 150 million Americans drink coffee. But despite all the coffee shops, finding a fresh cup can be challenging.
More than 100,000 locations lack easy access to high-quality coffee — from hospitals, universities, and transit hubs to ice rinks, gyms, apartment complexes, and warehouses.
Manna Coffee has created something new: a line of smart coffee kiosks that offer drinks in just thirty seconds, at half the price of Starbucks. With Manna, there are no more long lines, overpriced lattes, or need for baristas.
Manna has two dozen kiosks up and running across five states. Each one is generating $30,000 in annual-recurring revenue. More than 1,000 entrepreneurs have expressed interested in owning a Manna kiosk, and the company has secured more than 250 locations for potential kiosks in hospitals, universities, and transit hubs.
The team is led by Ex-Google, McKinsey and Forbes 30 Under 30 founders who've achieved $100 million in successful exits in the food-tech and supply-chain industries.