2024 Revenue
$6.7M
Funding
$226.9M
YOY
38%
Team
53
Founded
2009
How Espresso Capital CEO Alkarim Jivraj grew 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
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
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| 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 an estimated $6.7M in annual 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 across 4 rounds.
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.
Claim this profilePeople Also Viewed
Qobra
Qobra is an AI-first sales compensation platform founded in 2020 by Antoine Fort (CEO), Axel (CTO), and Tongue (CPO). The company automates end-to-end commissions, replacing spreadsheet-based workflows for sales organizations. Fort co-founded the business almost immediately after graduating, drawing on relationships with senior sales leaders to understand the problem rather than personal experience as a commission-earner. Qobra has grown from a 100K pre-seed round and its first customer in 2020 to approximately 8M in ARR as of May 2026, serving more than 250 customers at an average ACV of roughly 30,000 per year. The company broke 1M ARR in 2022, reached between 4M and 5M ARR twelve months prior to the interview, and is targeting 10M ARR by end of 2026. Total funding raised stands at 5.7M across a 111K pre-seed in 2020 and a 5.5M seed in 2022, supplemented by a 10M Series A in late 2023 and 2M in debt financing. Investors include Singular and Brieger. The team has grown to 49 people. The single most interesting strategic inflection point is Qobra's bet that AI agents will allow it to capture dollars currently flowing to implementation consultants and external firms. The company is launching three agents, called the Analyst, the Architect, and the Coach, in June 2026, with the Architect able to build and deploy compensation plans in minutes instead of weeks. Fort frames this as turning a 6-dollar services market into software revenue, citing Sequoia's thesis that for every dollar spent on software, six dollars are spent on services.
Chattermill Analytics
Copilot transforms the way you interact with your customer data. With the power of generative AI, you can get answers to all of your CX, product, and marketing questions, improving team alignment, efficiency, and productivity. Have questions? Just ask!
Sentisis
Sentisis is the Customer Experience platform for the Spanish language
SPOT
Provider of a cloud based measurement software designed to make cloud computing more accessible and practical through simplicity and technical resources driven by the community. The company's cloud based measurement software uses artificial intelligence and machine learning to capture and analyze the data of the real world through video to predict and establish more precise marketing strategies, enabling businesses to optimize processes and gain competitive advantage.
Tactile Mobility (formerly MobiWize)
Provider of a device sensing platform intended to transform the mobility industry. The company's platform comprises of two advanced software modules that can be provided as standalone or combined together to gather signal processing data, enabling clients to avail safer, efficient and enjoyable driving experience.
Tera
Tera is a AI powered smarter finance platform offering unified experience for businesses
