Tech Company Financing Transactions
Winc Funding Round
Winc closed a $9.5 million financing round on 9/22/2014. Investors included Bessemer Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
9/22/2014
Transaction Type
Venture Equity
Amount
$9,500,000
Round
Undisclosed
Investors
Bessemer Venture Partners (Lead Investor) (Kent Bennett)
Proceeds Purpose
The startup to use the new equity capital on fixed costs associated with making wines, and acquiring customers through word of mouth, social media and great branding.
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
5340 Alla Rd. 105
Los Angeles, CA 90066
USA
Los Angeles, CA 90066
USA
Phone
Website
Email Address
Not Recorded
Overview
As a brand, Winc embodies our founding goal to make wine approachable and accessible. It also encompasses a broader desire to make great wines with passion and pride, and to bring transparency, honesty, innovation, and curiosity to an industry dominated by opaque, entrenched conglomerates.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Xander Oxman
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Where The Data Comes From
We report on every notable VC transaction. VC transactions reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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