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Blank Street Coffee coming to Beverly Hills. The Beverly Hills shop will be the brand's second Los Angeles location, following its Studio City location. Published Date: September 22, 2026, 3:00 PM EDT Blank Street Coffee, a coffee shop known for its specialty coffee and matcha drinks, is getting ready to open a new location in Beverly Hills at 9659 S Santa Monica Boulevard. Signs are now up at the property announcing Blank Street Coffee's arrival, according to ToddRickAllen. Blank Street Coffee has not announced an opening date. The Beverly Hills shop will be the brand's second Los Angeles location, following its Studio City location at 13273 Ventura Boulevard. Blank Street Coffee launched in August 2020 with a small coffee cart in the garden of Wythe Diner in Williamsburg. The company has since expanded to more than 100 locations across the United States and the United Kingdom. According to its website, the brand focuses on quality, design, and customer experience, reflected in its store designs, ingredient sourcing, beverage presentation, and Insiders program. The company currently operates locations in New York, Boston, Brooklyn, Philadelphia, Washington, D.C., and other markets. Its Studio City shop is one of its existing Southern California locations, while the Beverly Hills store will bring the brand to another Los Angeles area community. Blank Street has not announced any additional details about the size or design of the Beverly Hills location. Blank Street's menu includes coffee, matcha, lattes, and cold brew, along with signature drinks. Current offerings include Cinnamon Bun Latte, Cinnamon Bun Matcha, Shaken Vanilla Bean Matcha, Shaken Vanilla Bean Cold Brew, Strawberry Shortcake Matcha, and Blueberry Matcha. Traditional matcha and latte options are also available hot or iced. The brand says its coffee shops are designed to make coffee and matcha part of the daily routine. Blank Street opened its first shop in Williamsburg in 2020 and has expanded across the US and UK since then. The Beverly Hills location will add another Southern California shop to the company's existing network. Love its content? Add WhatNow as a preferred source on Google to see more of its trusted coverage when you search. Be the first to know. From new restaurant openings to exciting retail launches and real estate insights, be the first to know what's happening in Los Angeles Editorial Team Lead Joey Reams was born and raised in San Diego and received a Bachelor's Degree in Journalism at San Francisco State University. While there, he interned for several publications while serving as SFSU's News Editor at Golden Gate Xpress for a semester. After college, Joey has worked in the freelance industry for ten years and counting, writing about community news, the music industry, breaking news, pop culture, and other diverse topics. Before joining What Now Media Group, Joey worked as the News Editor for Pasadena Now. In his free time, he enjoys exploring new cities, trying delicious food, and attending concerts.

BREAKING: Blank Street to open new location on Comm. Ave. By Daniela Ginsburg, Associate Campus Editor - September 21, 2026 A sign for Blank Street on 874 Commonwealth Ave. Blank Street will open a new location in Massachusetts on BU's West Campus. Blank Street, a New-York-based coffee chain, will open its next Massachusetts location on Boston University's West Campus, but students offered mixed reactions upon hearing the news. A Blank Street sign was put on the window of the vacant storefront on 874 Commonwealth Ave., between the Chipotle and Taco Bell Monday morning. BU senior Astrid Newton said she thinks it will provide a good on-campus study spot. "Always down for new coffee spots opening in Boston and more places to study and chill with friends," Newton said. The new location will be at the former site of West Campus' Starbucks, which closed as part of the company's "Back to Starbucks" turnaround plan, an effort to "streamline and rebrand" the company. Blank Street has not announced when the cafe will officially open. Blank Street did not provide comment at the time of publication. Newton said she believes the new cafe will help maintain the "Boston charm," unlike other bigger corporate chains. However, she said she is not a fan of Blank Street's menu and prefers a classic, consistent coffee. BU senior Ava Restivo said she's "very excited" for the new Blank Street on campus. Restivo said she was "upset" that smaller coffee shop chains, such as Fuel America, have closed down near West Campus, and she said she would prefer if a smaller business took Starbucks' place instead. BU junior Sophia Lu said she thinks Blank Street's coffee is "subpar" but is hopeful that the new location will provide another communal space for students. "My only expectation would be that there's more seats because I know that the other Blank Street is always so crowded and it's always so hard to get a seat," Lu said. BU junior Prapti Agarwal said she does not see Blank Street becoming a reliable study spot for students. Agarwal said that Blank Street, as a recognizable international brand, offers a "sense of familiarity" to students, but prefers smaller, locally-owned coffee shops because they have "more character." She said the "slower" environment makes them a better spot for students to study and hang out in. "I feel like Blank Street is always just so crowded and so it's a very hustling kind of coffee shop," Agarwal said. "Not a lot of people... would actually sit and study there." Donate to The Daily Free Press Your donation will support the student journalists of Boston University. Your contribution will allow us to purchase equipment and cover our annual website hosting costs.

Blank Street valuation: $650M after $105M round, up from $500M. Blank Street's $105 million round, led by General Atlantic, puts the Brooklyn-born coffee and matcha chain at a $650 million valuation - up roughly 30% from a year earlier - as it pushes into Beverly Hills, West Hollywood, and Philadelphia on 500-square-foot store boxes. Co-Founder & GP at Six Point Ventures · 3x founder (BrandYourself, Launch.it, SPOT) · 65+ investments · Based in Boca Raton, FL 65+Investments 3xFounder $200M+Funds Tracked Quick Answer $650 million is Blank Street's new valuation after a $105 million round - $75 million primary plus $30 million in secondary sales - led by General Atlantic and closed in August 2026. That's up from roughly $500 million a year earlier, as the coffee and matcha chain expands from 90 stores toward Los Angeles and Philadelphia. Blank Street raised $105 million in late August 2026 - $75 million primary plus $30 million in secondary sales - led by General Atlantic at a $650 million valuation, up roughly 30% from about $500 million a year earlier. Existing investors Left Lane Capital, General Catalyst, and Tiger Global also participated in the round alongside General Atlantic. The coffee and matcha chain plans to use the money to push into affluent Los Angeles neighborhoods and open its first Philadelphia store, expanding a footprint built on a store format roughly a quarter the size of a typical café. Up ~30% YoY New valuation $75M primary + $30M secondary Round size NY, UK, Boston, DC Store count ~500 sq ft vs 2,000+ for Starbucks Avg. store size Blank Street valuation 2026: inside the $105 million round. Blank Street's $650 million valuation comes from a $105 million round led by General Atlantic, with Left Lane Capital, General Catalyst, and Tiger Global - all existing investors - also participating. Of that total, $75 million is primary capital going onto Blank Street's balance sheet, while $30 million is secondary: existing shareholders, likely early employees or seed-stage investors, selling shares rather than the company raising new funds. That split matters, because it means the headline $105 million overstates how much fresh growth capital Blank Street is actually deploying. From a Brooklyn coffee cart to a $650 million chain. Blank Street was founded in 2020 in Williamsburg, Brooklyn, by Vinay Menda, Issam Freiha, and Ignacio Llado, and has since expanded to roughly 90 locations across New York, Boston, Washington D.C., and six UK cities - London, Bristol, Birmingham, Manchester, Edinburgh, and Glasgow. The company has now raised approximately $214 million in primary funding across its history, including this round, according to figures reported alongside the raise. | Milestone | Detail | | Founded | 2020, Williamsburg, Brooklyn | | Valuation, 2025 | ~$500M | | Round size, Aug 2026 | $105M ($75M primary + $30M secondary) | | Valuation, Aug 2026 | ~$650M | | Lead investor | General Atlantic | | Participating investors | Left Lane Capital, General Catalyst, Tiger Global | Sources: Axios and Daily Coffee News on the round terms and expansion plans. Figures current as of September 3, 2026. The 500-square-foot bet: why Blank Street's unit economics are the real story. A typical Blank Street location occupies about 500 square feet, roughly a quarter the footprint of a full-size Starbucks café, and runs on one or two employees supported by Eversys automated espresso machines capable of producing 90 cups per hour. Monthly rent on a New York Blank Street location runs around $3,500, against $10,000 to $15,000 for a conventional independent café on the same block - a cost structure built specifically to make small, high-density urban footprints profitable at a fraction of the capital a full-format café requires. That format is also the logic behind the new markets. Beverly Hills, West Hollywood, and Malibu are all dense, high-foot-traffic, high-rent neighborhoods where a 500-square-foot box with low staffing costs can plausibly work even against premium local rents - the same playbook Blank Street has already run in Manhattan and central London. The company is also opening its first Philadelphia location, adding a ninth US or UK metro to its map. Blank Street vs. Dutch Bros vs. Starbucks: small box, small multiple. Blank Street's $650 million valuation is a rounding error next to the two publicly traded coffee chains it's implicitly compared to - but its store format is also a fraction of their size, which is the entire point of the model. | Metric | Blank Street | Dutch Bros | Starbucks | | Status | Private (Series C) | Public (NYSE: BROS) | Public (Nasdaq: SBUX) | | Valuation / market cap | ~$650M | ~$9.8B-$12B | ~$121B | | Founded | 2020 | 1992 | 1971 | | Store count | ~90 | 1,136 | ~38,600 worldwide | | Avg. store size | ~500 sq ft | ~900 sq ft | ~2,000 sq ft | | New stores planned, 2026 | LA + Philadelphia (undisclosed count) | ~181 | Not disclosed by market | Sources: Dutch Bros and Starbucks market cap data, August-September 2026; Dutch Bros 2025 store count and 2026 expansion plans per Chain Store Age and ABC15; Starbucks worldwide store count per company reporting, June 2026. Blank Street figures per Axios and Daily Coffee News. Blank Street's box is a quarter the size of Starbucks and roughly half of Dutch Bros - the entire model depends on that gap holding up as it enters pricier West Coast real estate. What the headline misses. Nearly a third of this round - $30 million of $105 million - is secondary, meaning it funds existing shareholders exiting, not new stores. Only $75 million is actually available to open new locations, hire staff, and absorb the higher real estate costs of Beverly Hills, West Hollywood, and Malibu, markets where even a 500-square-foot box faces materially higher rent than the New York and UK cities where the format was proven out. A 30% valuation increase in a year is real growth, but it's also modest compared to the multiples some venture-backed consumer brands commanded during the 2021 funding peak - a sign investors are pricing Blank Street more like a scaling retail operator than a hypergrowth startup. The bigger open question is whether the low-staff, automated-machine model that works in dense Manhattan and London blocks translates to Los Angeles, a market built around driving rather than walking past a storefront. Dutch Bros built its entire chain around a drive-thru-first format suited to car-dependent markets; Blank Street's walk-up box has no comparable track record west of Boston. Nothing in the company's own statements addresses that format mismatch directly. The bottom line. Blank Street closes its latest round at a $650 million valuation, up roughly 30% in a year, with a proven 500-square-foot store format now headed toward Los Angeles and Philadelphia. What it doesn't have yet is any operating history in a car-dependent West Coast market, and nearly a third of its new capital went to existing shareholders rather than the business itself. The next number worth watching isn't the valuation - it's same-store sales once the first Beverly Hills and West Hollywood locations open and the format meets a market it hasn't tested before. Track private company valuations on the Unicorn Tracker and see more consumer and AI valuation breakdowns at Value Add VC. Latest from the pulse. Get VC data most people never see - 100% free Weekly benchmarks, valuations, and fund data. Join 5,000+ investors. No spam. Frequently asked questions. What is Blank Street's valuation in 2026? How much of Blank Street's round was new capital vs. existing shareholders cashing out? How many Blank Street locations are there? What makes Blank Street's store format different from a typical coffee shop? Who founded Blank Street and when? Explore 45+ free VC tools, dashboards, and recommended startup software.