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    Seth Berkowitz

    Founder and CEO at Insomnia Cookies

    Seth Berkowitz is the Founder and CEO of Insomnia Cookies, a successful late-night bakery chain that he started as a college side hustle in 2002.12 Here's an overview of his background and achievements:

    Education and Early Career

    Seth Berkowitz attended the University of Pennsylvania, where he earned a Bachelor of Arts in Economics from 2001 to 2004.3 It was during his time as a college student that he came up with the idea for Insomnia Cookies, baking and delivering cookies to fellow students on campus late at night.2

    Insomnia Cookies

    Berkowitz officially founded Insomnia Cookies in October 2003.3 The company has grown from a dorm room operation to a multimillion-dollar business with over 265 locations across North America and international expansions in Canada and England.2 Some key points about the company's growth include:

    • The first retail store opened in Syracuse, New York, in 2003.2
    • By 2016, the company had opened its 100th store.2
    • In 2018, Krispy Kreme acquired a 74.5% stake in Insomnia Cookies for approximately $139.5 million.1

    Entrepreneurial Journey

    Berkowitz's path to success with Insomnia Cookies wasn't without challenges. Around 2009-2010, the company struggled with profitability, and Berkowitz found himself questioning whether to continue.1 However, with support from his wife and a renewed focus on a simplified business model, he persevered and eventually turned the company around.

    Other Ventures

    In addition to his role at Insomnia Cookies, Berkowitz is involved in other business ventures:

    • Founding Partner at Beacon (2015 - Present)3
    • Founder of Financialese (February 2015 - Present)3

    Seth Berkowitz's story with Insomnia Cookies is often described as a testament to perseverance in entrepreneurship.1 He has successfully transformed a college side hustle into a thriving business that caters to late-night cookie cravings across multiple countries.

    Highlights

    Aug 26 · ondery.com
    Insomnia Cookies: Seth Berkowitz - Wondery
    Jul 23 · Financial Times
    Insomnia Cookies sets course for accelerated growth with new investor group – Company Announcement - Financial Times
    Apr 20 · youtube.com
    Insomnia Cookies CEO: My advice for anyone who wants to start a ...
    Insomnia Cookies CEO: My advice for anyone who wants to start a ...
    Apr 16 · cnbc.com
    Insomnia Cookies: From side hustle to $200 million business - CNBC
    Apr 16 · CNBC
    CEO's wife convinced him to keep his college side hustle going—now the company brings in $200 million a year - CNBC
    CEO's wife convinced him to keep his college side hustle going—now the company brings in $200 millio
    Apr 5 · cnbc.com
    Insomnia Cookies: College side hustle to multimillion-dollar company
    Insomnia Cookies: College side hustle to multimillion-dollar company

    Related Questions

    How did Seth Berkowitz come up with the idea for Insomnia Cookies?
    What challenges did Seth Berkowitz face when starting Insomnia Cookies?
    How did Seth Berkowitz's wife influence the success of Insomnia Cookies?
    What strategies did Seth Berkowitz use to turn Insomnia Cookies into a profitable business?
    How did the acquisition by Krispy Kreme impact Insomnia Cookies?
    Seth Berkowitz
    Seth Berkowitz, photo 1
    Seth Berkowitz, photo 2
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    Location

    New York, New York, United States