Blank Street

Blank Street

Series BRaised Since Featured

Quality coffee, smaller footprint

Micro-retail coffee chain offering affordable specialty coffee through small-format locations and mobile carts.

Founded August 2020New York, NY450+ people~$127M raisedFeatured at Series A
Food BeverageCoffeeRetailConsumerMicro RetailDtcMobile AppGen Z

About

Blank Street is a New York-born coffee chain that launched in August 2020 with a single battery-powered mobile coffee cart in Williamsburg, Brooklyn. Co-founded by immigrants Issam Freiha (Columbia, from Lebanon) and Vinay Menda (NYU, from UAE) — who also co-founded Reshape, a $100M venture capital fund — the company pioneered a micro-retail model with locations roughly one-quarter the size of traditional cafes. By leveraging automation, super-automatic espresso machines, and a strong mobile app, Blank Street delivers specialty coffee at prices below Starbucks while maintaining quality. The chain has grown to 90+ locations across New York City, London, Birmingham, Manchester, Edinburgh, Glasgow, Boston, and Washington D.C. With ~$127M in total funding at a ~$500M valuation, Blank Street has become one of the fastest-growing coffee brands globally, powered by its Gen Z-focused branding, Instagram-ready spaces, and a 'Powered by Blank Street' wholesale partnership program that helps local food vendors expand without upfront costs.

DailyDropout Take

Blank Street caught our attention with a deceptively simple insight — specialty coffee doesn't need a 2,000 sq ft cafe. By shrinking the footprint and automating operations, they cracked the unit economics that make Starbucks challengers viable. The immigrant founder story, from a single battery-powered cart in Brooklyn to 90+ locations and a $500M valuation, is the kind of capital-efficient scaling we love spotting early.

Discovery signal: Rapid location expansion, immigrant founders with VC background (Reshape fund), Tiger Global + General Catalyst backing at Series A, micro-retail model disrupting traditional cafe economics

What Makes Them Unique

Blank Street's micro-retail model uses locations one-quarter the size of traditional cafes combined with super-automatic machines and a mobile-first experience to deliver specialty coffee at prices below Starbucks — enabling rapid urban expansion without the overhead of full-size cafes.

90+

Locations

~$127M

Total Raised

~$500M

Valuation

450+

Employees

8 (NYC, London, Birmingham, Manchester, Edinburgh, Glasgow, Boston, D.C.)

Cities

Target Markets

Urban Millennials & Gen ZOffice WorkersQuick-Service CoffeeUK & US Urban Markets

Founders

I

Issam Freiha

Co-Founder

Lebanese-born entrepreneur who studied at Columbia University. Co-founded Reshape, a $100M venture capital fund, before launching Blank Street from a mobile coffee cart in Brooklyn.

V

Vinay Menda

Co-Founder & CEO

UAE-born entrepreneur who studied at NYU. Co-founded Reshape, a $100M venture capital fund. Named to Imbibe 75 People to Watch. Led Blank Street from a single coffee cart to 90+ locations globally.

Funding History

Pre-SeedUndisclosed
Jan 1, 2020

Lead: Unknown

Pre-SeedUndisclosed
Oct 1, 2020

Lead: Unknown

Seed$7M
Mar 1, 2021

Lead: Unknown

Series A$25M
Oct 1, 2021

Lead: General Catalyst

General CatalystTiger Global ManagementWarby Parker founders
Venture$35M
Jan 1, 2022

Lead: Unknown

Series B$38.7M
Mar 1, 2023

Lead: HOF Capital

HOF Capital
Series C$21M
May 1, 2025

Lead: Unknown

Investors

Firms

General Catalyst(Lead — Series A)Tiger Global Management(Lead — Series A)HOF Capital(Lead — Series B)

Individual Investors

N
Neil Blumenthal & Dave Gilboa

Co-Founders, Warby Parker

Press & News

Competitive Landscape

Last updated: Feb 15, 2026