Foundry Collective & Coffee Bar
Foundry Collective & Coffee Bar is a founder-owned, single-location independent coffee bar and boutique coworking space in Carleton Place, Ontario, serving local professionals and community members with coffee, coworking memberships, boardroom rentals, and ticketed events.
- Company typePrivate
- Founded2023
- HeadquartersCarleton Place, Canada
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Foundry Collective & Coffee Bar does
Foundry Collective & Coffee Bar is a privately held, founder-owned independent business operating from a single location at 122 Bridge Street in Carleton Place, Ontario. The business combines two integrated offerings under one roof: an upscale independent coffee bar on the main floor and a boutique coworking space on the second floor. The coffee bar serves ethically sourced coffee drinks, artisanal sandwiches, and baked goods, with menu recipes developed by Melanie Boudens of The Vegan Chef at Home and supplemental gluten-free baked goods supplied by Practically Perfect Bakery. Online ordering and gift cards are delivered through the Square platform, and the business operates seven days a week.
The coworking component offers three membership tiers — day passes at $25/day, dedicated desks at $295/month, and private offices at $495/month — plus hourly boardroom rentals at $50/hour for non-members and $15/hour for members. The boardroom seats 8-10 people and is equipped with wireless video conferencing and a 65-inch wall-mounted screen; bookings are managed through Calendly. All memberships include 24/7 access, WiFi, boardroom hours, mailing service, and unlimited drip coffee and tea, linking the workspace and coffee bar revenue streams.
The company generates revenue across five streams: coffee bar retail (walk-in and online), coworking subscriptions, hourly boardroom rentals, day passes, and ticketed community events such as trivia nights and drag brunches sold via Eventbrite. Go-to-market is direct-to-consumer and community-led, relying on organic social (Facebook, Instagram, TikTok), an email newsletter, and event-driven foot traffic. The business is owned and operated by Kevin and Kaitey Cosgrove, who also own Cosgrove Real Estate Group from the same building. There are no institutional investors, no disclosed funding rounds, and no evidence of multi-location expansion.
Foundry Collective & Coffee Bar firmographics
Firmographics- Name
- Foundry Collective & Coffee Bar
- Legal name
- The Foundry Collective
- Website
- https://foundrycollective.ca
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Foundry Collective & Coffee Bar is a founder-owned, single-location independent coffee bar and boutique coworking space in Carleton Place, Ontario, serving local professionals and community members with coffee, coworking memberships, boardroom rentals, and ticketed events.
- Ownership category
- akta.pro rank
Foundry Collective & Coffee Bar industry classification
Industry- Product category
- Coworking and Specialty Coffee Bar
- NAICS
- Snack and Nonalcoholic Beverage Bars (722515)
- SIC
- Retail-Eating & Drinking Places (5810)
- akta.pro primary industry
- Coworking Cafes / Work Cafes (THAFADAJ)
- akta.pro secondary industry
- Independent Neighborhood Cafes (THAFADAC)
Keywords
Where Foundry Collective & Coffee Bar is headquartered
LocationHeadquarters
- HQ city
- Carleton Place
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Foundry Collective & Coffee Bar business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Coffee Bar Sales: Retail sales of ethically sourced coffee drinks, artisanal sandwiches, and baked goods through walk-in customers and online orders
- Coworking Memberships: Monthly subscriptions for dedicated desks ($295/month) and private offices ($495/month) with 24/7 access, WiFi, boardroom hours, and unlimited coffee/tea
- Boardroom Rentals: Hourly rental of meeting space at $50/hour for non-members, $15/hour for members. Includes video conferencing amenities
- Event Tickets: Ticketed community events including trivia nights and drag brunch events (e.g., $65 Night Brunch tickets)
- Day Passes: Daily coworking access at $25/day for occasional users
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Day Pass - $25/day |
| Subscription | Monthly | Dedicated Desk - $295/month |
| Subscription | Monthly | Private Office - $495/month |
| Unit Pricing | Pay-as-you-go | Boardroom Rental - $50/hour (non-members) |
| Unit Pricing | Pay-as-you-go | Night Brunch Event - $65/ticket |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Foundry Collective & Coffee Bar product offering
Product offeringCore offering
Foundry Collective & Coffee Bar operates an upscale independent coffee shop and a boutique coworking and meeting space within a single historic building in Carleton Place, Ontario. The coffee bar serves ethically sourced coffee drinks, artisanal sandwiches, and baked goods with online ordering via Square, while the coworking space offers day passes, dedicated desks, private offices, and hourly boardroom rentals with wireless video conferencing. The business also hosts ticketed community events such as trivia nights and drag brunches.
Product overview
Foundry Collective & Coffee Bar operates a dual-purpose business combining a coffee bar and coworking space. The Coffee Bar is an upscale, independent coffee shop serving ethically sourced coffee, artisanal sandwiches, and baked goods with online ordering via Square. The Foundry Collective is a boutique coworking space offering multiple membership tiers including day passes ($25/day), dedicated desks ($295/month), and private offices ($495/month), along with hourly boardroom rentals ($50/hour for non-members). All workspace memberships include access to Foundry Coffee Bar amenities. The company is owned by Kevin and Kaitey Cosgrove and is located at 122 Bridge Street in Carleton Place, Ontario.
Differentiator
Problem solved
Functional benefit
Products and services
- Foundry Coffee Bar An upscale, independent coffee shop on the main floor of 122 Bridge Street, Carleton Place, serving ethically sourced coffee drinks, artisanal sandwiches, and baked goods (including vegan and gluten-free recipes developed by Melanie Boudens of The Vegan Chef at Home), with online ordering via Square and digital gift card sales. Serves walk-in local consumers and coffee enthusiasts.
- Foundry Collective Coworking Space A boutique coworking space on the second floor of 122 Bridge Street, Carleton Place, providing flexible workspace access for entrepreneurs, freelancers, and remote professionals. Sold via day passes ($25/day), dedicated desk memberships ($295/month), and private offices ($495/month), with 24/7 access, dedicated WiFi, boardroom hours, mailing service, and unlimited drip coffee and tea.
- Boardroom Rental Hourly rental of an 8-10 seat boardroom equipped with wireless video conferencing and a 65-inch wall-mounted screen. Priced at $50/hour for non-members and $15/hour for members, with optional coffee and light catering add-ons. Targets local businesses and professionals needing meeting space.
- Community Events (Trivia Night, Night Brunch Drag Excellence) Ticketed community events including Trivia Night hosted by Cody Wilby and Night Brunch Drag Excellence featuring Holli Cow, Ruby Foxglove, and Xtra with live drag entertainment. Tickets sold via Eventbrite at $65 for Night Brunch (includes one drink, meal choice, and entertainment), with $5 per ticket donated to Rainbow Railroad. Targets local residents seeking entertainment and inclusive community gatherings.
- Foundry Gift Cards Digital gift cards for Foundry Coffee Bar, sold online via Square, allowing customers to gift coffee drinks and menu items to others.
Companies that use Foundry Collective & Coffee Bar
Customer profileSegments3 records
Ideal customer profiles3 records
Foundry Collective & Coffee Bar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Foundry Collective & Coffee Bar partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- The Vegan Chef at Home (Melanie Boudens)coreMelanie Boudens of The Vegan Chef at Home developed all recipes for the Foundry Coffee Bar menu. This partnership ensures many menu items are vegan-friendly, providing differentiation and inclusive options for customers.
- Practically Perfect BakeryminorPartnership with Practically Perfect Bakery to offer a small selection of pre-packaged gluten-free baked goods at the coffee bar, accommodating customers with dietary restrictions.
- SquarecoreSquare platform powers online ordering system and gift card program, enabling customers to order ahead and purchase gift cards digitally.
- EventbritecoreEventbrite ticketing platform used for event management including Trivia Night and Night Brunch Drag Excellence, allowing customers to reserve tickets online.
- Rainbow RailroadminorNon-profit beneficiary of Night Brunch Drag Excellence event, receiving $5 donation per ticket sold. Partnership supports LGBTQIA+ community initiatives.
Scale indicators2 records
Recent moves6 records
Expansion highlights3 records
Foundry Collective & Coffee Bar competitors and assessment
Company assessmentBroad incumbents
- Blue Bottle Coffee: Premium third-wave coffee chain with cafe environments that frequently serve as remote workspaces. Comparable ethos of craft, ethically sourced coffee, and upscale independent feel, but operating at significantly larger scale.
- La Colombe Coffee Roasters: Specialty coffee roaster operating multiple café locations with seating oriented toward working professionals. Comparable product positioning (premium, ethically sourced coffee in cafe settings), but a national brand with in-house roasting.
- WeWork: Global coworking and flexible office incumbent. Foundry competes for the same remote-professional and entrepreneur customer segment at the local level, though at much smaller scale and without WeWork's brand and network.
Direct peers
- Verve Coffee Roasters: Specialty coffee roaster with cafe locations designed for staying and working, offering a community-driven, design-forward experience similar to Foundry's independent upscale positioning.
- Bluestone Lane: Multi-unit specialty coffee brand with an upscale, community-focused cafe culture and locations that double as workspaces. Closely comparable to Foundry's independent-cafe-plus-work-environment positioning, though at much larger scale and US-based.
- Joe & The Juice: Multi-unit specialty coffee and juice chain with a community-lifestyle cafe concept and strong social-media brand presence. Comparable on cafe concept and youth-targeted social marketing, though without coworking.
- % Arabica: Specialty coffee brand operating minimalist, design-driven cafes globally with strong coffee-program focus. Comparable on the specialty coffee bar side, though without the coworking vertical Foundry adds.
- Industrious: Premium flexible office and coworking operator offering private offices, dedicated desks, and meeting space. Direct competitor on the coworking and boardroom side of Foundry's business model.
- Coava Coffee Roasting: Independent specialty coffee roaster with cafe locations designed for lingering and work. Comparable independent upscale coffee positioning and craft-coffee ethos to Foundry Coffee Bar.
- Intelligentsia Coffee: Specialty coffee roaster with retail cafes that emphasize craft, ethically sourced beans, and a cafe environment for extended stays — directly analogous to Foundry's coffee program positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
Foundry Collective & Coffee Bar social profiles
Digital presenceFoundry Collective & Coffee Bar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Foundry Collective & Coffee Bar leadership team
Management profileNumber of profiles
Profiles2 records
Foundry Collective & Coffee Bar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Foundry Collective & Coffee Bar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Foundry Collective & Coffee Bar
What does Foundry Collective & Coffee Bar do?
Foundry Collective & Coffee Bar operates an upscale independent coffee shop and a boutique coworking and meeting space within a single historic building in Carleton Place, Ontario. The coffee bar serves ethically sourced coffee drinks, artisanal sandwiches, and baked goods with online ordering via Square, while the coworking space offers day passes, dedicated desks, private offices, and hourly boardroom rentals with wireless video conferencing. The business also hosts ticketed community events such as trivia nights and drag brunches.
Is Foundry Collective & Coffee Bar a public or private company?
Foundry Collective & Coffee Bar is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Foundry Collective & Coffee Bar founded?
Foundry Collective & Coffee Bar was founded in 2023. It employs 1 to 10 people.
Where is Foundry Collective & Coffee Bar based?
Foundry Collective & Coffee Bar is headquartered in Carleton Place, Canada, in the North America region.
How does Foundry Collective & Coffee Bar make money?
Five revenue lines are on record. Coffee Bar Sales are the primary driver. The others are coworking Memberships, boardroom Rentals, event Tickets and day Passes.
Who are Foundry Collective & Coffee Bar's main competitors?
Broad incumbents on record are Blue Bottle Coffee, La Colombe Coffee Roasters and WeWork. Direct peers are Verve Coffee Roasters, Bluestone Lane, Joe & The Juice, % Arabica, Industrious, Coava Coffee Roasting and Intelligentsia Coffee.
Does Foundry Collective & Coffee Bar have an API?
No public API is recorded for Foundry Collective & Coffee Bar.
What industry is Foundry Collective & Coffee Bar in?
Foundry Collective & Coffee Bar's product category is Coworking and Specialty Coffee Bar. Its primary akta.pro industry code is THAFADAJ, Coworking Cafes / Work Cafes, with a secondary code of THAFADAC, Independent Neighborhood Cafes. Its NAICS code is 722515 and its SIC code is 5810.