23.5 Degrees

United Kingdom
Southampton, England, United Kingdom, SO30 4RT

Company profile

23.5 Degrees company profile

23.5 Degrees Limited was Starbucks’ first franchisee globally. Having opened our first store in February 2013, 23.5 Degrees currently operates 42 stores with a current pipeline of 35 further stores approved and under development. We have a developmental territory covering Oxfordshire, Berkshire, Hampshire, Wiltshire, Cambridgeshire, Norfolk, Hertfordshire, Essex, Dorset in the South and East Anglia as well as Lancashire, Yorkshire, Cumbria and Northumberland in the North of England. Managing Director, Mark Hepburn, has a track record of significant success in food service franchise businesses, including Burger King and KFC and our business growth is supported by private equity firm Connection Capital as well as RBS.

Business identity

Contact email
[email protected]
Phone number
+44 (0)1489 781485
Operating status
Active
Company type
For Profit
Employee range
1,001-5,000 employees
Revenue range
$10M-$100M
Founded
2012-01-01, Year

Headquarters

Postal code
SO30 4RT
Country code
GB
Continent
Europe

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
3
Total equity funding
$13.1M
Last funding
Private Equity / $4.6M / 2018-08-20
Last equity funding
Private Equity / $4.6M
Investors
2
Lead investors
1
Founders
1
Articles
3
Exited on
2024-10-14

Founders and investors

Founders

Anil Patil

Lead investors

Seneca Partners

Investors

Connection CapitalSeneca Partners