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 […]

About Plum.wine Plum.wine retails for $1,999 and, according to Williams-Sonoma:   Automatically identifies each wine label with a built-in camera and database of more than 6 million wines. Provides content about winemaker, region, vintage, varietal and wine. Automatically chills two bottles independently to the optimal serving temperature for each varietal. Automatically pours wine in customizable […]

Wine Industry Insight’s most recent update of financial information shows that Vinventions (formerly Nomacorc) has now moved into the #1 position in wine venture investments with a $149 million refinancing. That moves Vinventions just ahead of Wine.Com which is in second position with $140 million. Vinventions is an integrated closures company which began as Nomacorc, […]

2018 Market Access Program Excel file

All of the non-family shareholders in Grupo Codorniu are disappointed in the company’s financial performance and are shopping a prospectus to sell their holdings. According to sources in Europe and confirmed by other international players who have shared parts of the prospectus with Wine Executive News, the non-Ravento-family holdings amount to 20% of the Spanish […]

Codorniu has steered Aveniu Brands toward disaster, thanks to the Spanish firm’s long-distance micromanagement and an inability to move quickly in a changing market. Insiders and sources close to the ongoing trials and tribulations say that Aveniu has lost its largest winery client, many other major brands, is on the verge of losing more and, […]

Relevant links For this start-up, the secret to selling wine online is making it yourself “Club W” Rebrands as “Winc” Previous Wine Industry Insight/Wine Executive News winetech funding profiles:   Lot 18 funding: $44.5 million good enough for 6th place in winetech venture funding At $53 million, Drizly places #4 in winetech funding, but #1 […]