Select "Saute" on the Instant Pot. Allow the device to heat up then it should indicate "Hot" on the display when ready.
Add olive oil, then once hot add the onions and garlic, saute for 1 minute. Add the ground beef and cook until no longer pink, make sure to break the meat into smaller chunks, 6 to 7 minutes.
Add the chili powder, cumin, smoked paprika, salt, and pepper. Stir to combine and cook for 1 minute. Add the tomato paste, stir and cook for 1 minute. Add bell peppers and minced jalapenos, cook for 1 minute. Add rinsed kidney beans, black beans, pinto beans, Worcestershire sauce, beef broth, and coffee, stir to combine.
Press "Keep/ Warm/Cancel" on the Instant Pot. Make sure that the release valve is in the "Sealing" position. Place the lid on, turn and lock.
Press the "Manual" button on the Instant Pot on high pressure, and then set the timer to 33 minutes using the "+" or "-" buttons. It will take about 15 minutes for the pot to heat up and build pressure. You will see some steam release from the lid, and then the time will start on the display.
Once cook time is complete, allow the pressure to naturally release for 15 minutes.
Use an oven mitt or towel to slowly and carefully twist the steam release handle on the lid to "Venting" position. The initial release will spray some moisture around the pot so be careful. Remove the lid, opening the top away from you as steam will be released.
Stir the chili and taste. Season with more salt, pepper, chili powder, or chipotle chili powder as desired. If desired, add more beef broth for a thinner chili consistency. Serve with toppings.
Serving Size: 1 cup (9 ounces)
Topping Suggestions: Sliced chili peppers, sour cream, cheese, sliced green onions, cilantro, or avocado.
Using Canned Beans: Add in a total of 4 1/2 cups of cooked beans after you pressure cook the meat for 15 minutes instead of 33 minutes. Select "Saute" and cook until the beans are warmed through.
Coffee Substitution: Decaffeinated coffee can be substituted. Instant coffee can also be used, follow the rehydration instructions from the manufacturer.
Protein Substitution: Ground turkey, ground chicken, or crumbled firm tofu can be substituted for ground beef.