2024 Revenue
$6.7M
Funding
$226.9M
YOY
38%
Team
53
Founded
2009
How Espresso Capital CEO Alkarim Jivraj grew Espresso Capital to $6.7M revenue with a 53 person team in 2024.
Espresso Capital is a leading provider of venture debt to Canadian technology companies. Since 2009, Espresso has provided working capital, sales expansion financing and bridge financing to over 200 companies. Espresso's team understands the unique financing requirements of technology-based companies, and is committed to providing fast, fairly priced and user-friendly risk capital to support their growth objectives.
Last updated
Espresso Capital Revenue
In 2024, Espresso Capital's revenue reached $6.7M. The company previously reported $4.9M in 2023. Since its launch in 2009, Espresso Capital has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Espresso Capital Hit $6.7m revenue in October 2024 | |
| 2023 | Espresso Capital Hit $4.9m revenue in December 2023 | |
| 2021 | Espresso Capital Hit $2.5m revenue in April 2021 | |
| 2009 | Launched with $0 revenue |
Espresso Capital Valuation, Funding Rounds
Espresso Capital has not publicly disclosed its valuation. The company has raised $226.9M in total funding to date.
Espresso Capital has raised $226.9M in total funding across 4 rounds, most recently a $200M Debt Financing round in 2021.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2021 | Debt Financing | $200M | - | - | |
| 2012 | Series C | $14.2M | - | - | |
| 2011 | Series B | $7.9M | - | - | |
| 2010 | Series A | $4.7M | - | - |
Founder / CEO
Alkarim Jivraj
CEO at Espresso Capital. Alkarim Jivraj has been involved in technology investment banking, venture capital, and venture debt for more than 20 years, during which time he has advised or invested in over 200 companies. Prior to joining Espresso, he was the Founder and Managing Partner of Intrepid Business Acceleration Fund, a venture capital fund, and Managing Director of the advisory firm Intrepid Equity Finance. Alkarim started his finance career at Yorkton Securities, a boutique investment banking firm, eventually leading its information technology investment banking practice and co-managing two investment funds.
Q&A
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|---|---|
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| Advice for 20 year old self | - |
Customers
We do not have customer count information for Espresso Capital yet.
Espresso Capital Employees & Team Size
Espresso Capital employs approximately 53 people as of 2026, up from 50 in 2023, including 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 53 employees (December 2024) |
| 2024 | Reached 50 employees (October 2024) |
| 2023 | Reached 50 employees (December 2023) |
| 2022 | Reached 45 employees (December 2022) |
| 2021 | Reached 31 employees (December 2021) |
| 2021 | Reached 33 employees (November 2021) |
| 2021 | Reached 30 employees (April 2021) |
Frequently Asked Questions about Espresso Capital
What is Espresso Capital's revenue?
Espresso Capital generates $6.7M in revenue.
Who founded Espresso Capital?
Espresso Capital was founded by Alkarim Jivraj.
Who is the CEO of Espresso Capital?
The CEO of Espresso Capital is Alkarim Jivraj.
How much funding does Espresso Capital have?
Espresso Capital raised $226.9M.
How many employees does Espresso Capital have?
Espresso Capital has 53 employees.
Where is Espresso Capital headquarters?
Espresso Capital is headquartered in Toronto, Ontario, Canada.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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