The rankings have been changed thanks to: The recent discovery of an earlier $10 millon investment in Vino Volo $32.5 Million Growth Capital Investment from Goldman Sachs Asset Management Private Credit Group (Nov 19, 2018)

Relevant Links Paradies Lagardère Closes Acquisition of Leading Airport Restaurateur Hojeij Branded Foods Hojeij Branded Foods Acquires Premier Airport Wine Bar Chain Vino Volo Mistral Equity Partners Invests in Vino Volo

Associated links Wine Business Monthly Acquires WITS, The Wine Industry Technology Symposium Winebusiness.com Raises $7M At End of Second Financing Round; Sabate SA and Diosos SA Join Leading Wine Trade Publisher to Launch Global Online B2B Marketplace. Winebusiness.com Appoints VP of Content and Community; Former Excite@Home Exec Leverages Experience to Expand the Wine Industry’s Most […]

Relevant links Minibar Delivery: Two female entrepreneurs are changing the booze industry On-demand alcohol delivery service Minibar Delivery picks up $5 mln Minibar Delivery Acquires Booze Carriage  

The Genial Reign of SevenFifty.com Could This NYC Startup That Just Raised $8.5M Change the Beverage Industry Completely? SevenFifty cofounder and CEO Aaron Sherman: “By looking at liquor license applications, the addressable market hovers around 200,000 businesses nationwide. SevenFifty currently works with 700 distributors representing roughly $20B in combined annual sales, a large percentage of […]

Smart wine bottle company Kuvee is going out of business Kuvée’s email letter to customers The email blamed the 2017 wine country fires for the c0mpany demise, said the company would look f0r a partner to continue the technology, and asked for a final order. Thank you for being our companion in our journey to […]

NOTE: Given the wine industry’s general lack of financial transparency, the confirmed investments in this article are most likely lower than actual amounts. Wine Industry Insight sent a courtesy draft of this chart to the company and requested any corrections or comments. No response was received.   Vinfolio was founded in 2003 by wine collector […]

On-demand delivery service Saucey ranks #13 in Wine Industry Insight’s wine venture funding survey with $10.2 million in investments. That compares with competitor Drizly’s $53 million which is ranked #5 in overall venture funding and #1 in the on-demand market. Data in this segment is fragmented, and this ranking could change as more data is […]

This is the first of a multi-article series. Source: eMarketer More than 80% of online marketers are concerned that marketing tech vendors might expose their companies to legal risks. Facebook’s latest data breach affecting more than 50 million accounts certainly amps up worries because the #1 social media site serves as a vendor to nearly […]