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 […]
Kuvée brings in $8.25 million before biting the dust at #16 in WineTech funding
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 […]
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 […]