Vivino surfs to online prominence atop a wave of pure Euro Cash

May 31, 2018

While American high-tech venture capital garners most international headlines, Vivino has surfed its way to consumer wine prominence atop a wave of Euro investment that tops $56.3 million. Other than a UK firm (still bre-Brexit) and unspecified angel-sized contributions from a U.S. fund organized by a group of professional athletes, the Vivino financial engine burns […]

Wine.Com’s $140 million funding foundation takes #1 position in WII’s wine venture funding series

May 16, 2018

Wine.Com is truly the last company standing that grew out of the early bleeding edge of wine e-commerce. The current Wine.Com — and its total funding — is an outgrowth of eVineyard whose components along the way include Virtual Vineyards, WineShopper.Com, and a previous operation purchased by eVineyard.. In 2017 company statements, the current […]

List of top 50 wine business venture funding + Coravin #1in total financing

May 8, 2018

A note from Wine Industry Insight Publisher and Executive Editor Lewis Perdue about this article and the regular series to come: “As noted in the disclaimer in both charts below, we recognize that the data we have reluctantly extracted from our research into private fundings will always be incomplete thanks to the lack of transparency […]

Drinks.Com sues WineDirect alleging substandard shipping service; WD countersues

May 1, 2018

Drinks Holdings Inc. (DHI) — best known for its Drinks.Com direct wine sales — has sued ecommerce and fulfillment company, WineDirect (WD) in Los Angeles County Superior Court alleging breach of contract, fraud, misrepresentation, and unfair competition. The suit was brought by DHI and its allied company, Hemispheres against WD and its Chief Executive Officer […]