Bold Brew Co-Founders Jack Doheny and Jake Solomon (aka “Jack & Jake”) launched their cold brew coffee company as undergraduates at San Diego State University after bootstrapping $2,000 each to get the business started.
Over many months the self-taught coffee brewers honed their craft in the tiny kitchen in Solomon’s campus apartment, and then they hit the streets to find local retailers willing to stock their product.
Fast-forward three years, and Bold Brew has expanded its distribution from a few local independent stores to over 1,000 stores throughout the western United States including major retailers such as Target, Vons, Albertson’s, and Whole Foods.
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The financing was used to expand the company’s product line and grow its distribution network.