At $20 million, Vinfolio — after 15 years of financial instability — moves into #12 position in wine tech funding series

October 17, 2018

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 […]

Saucey ranks #13 in wine venture funding survey, #2 in on-demand delivery

October 10, 2018

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 […]

Murky personal data rules and a “Catch 22” ToS from email vendors may be dangerous for your company health

October 4, 2018

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 […]

Plum Wine rounds out top 10 Wine Tech Fundings

August 28, 2018

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 […]

Vinventions restructures company finances, moves into #1 position in wine venture investments ahead of Wine.Com

July 25, 2018

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, […]

Codorniu Outside Shareholders Scramble For An Exit (from WEN 2014)

June 29, 2018

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 […]

Winc (Formerly Club W) comes in at #7 In WII’s Winetech funding survey

June 27, 2018

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 […]

Cause-Marketing wine company ONEHOPE Raises $33 Million with record number of investors

June 19, 2018

Cause-marketing wine sales company ONEHOPE has raised at least $33 million from at least 44 investors — most of them individuals. The amount raised puts them in the number 8 position in Wine Industry Insight’s wine venture funding series despite the fact that the most recent finding round amount has not been publicly disclosed. In […]