Plum makes an appliance that automatically preserves, chills and serves wine by the glass. Led by founder and CEO David Koretz, the company began rolling out Plum for Hotels in September 2017 to bring on-demand, in-room wine-by-the-glass to luxury hotel guests. Plum counts Four Seasons Hotel Silicon Valley at East Palo Alto, The Confidante Miami Beach, and Waldorf Astoria Roosevelt New Orleans among its Plum for Hotels partners. The company anticipates rolling out across more than 50 hotels through the remainder of 2018. Plum intends to use the Series B funds to continue expanding its Hotels program throughout the U.S. The company is based in Dania Beach, Florida, and also has offices in Palo Alto, California and Dongguan, China. Plum, based in Dania Beach, Florida, with offices in Palo Alto, makes an appliance that automatically preserves, chills and serves wine by the glass. Users drop any 750ml bottle with any closure into the device; Plum automatically identifies the wine, sets the perfect serving temperature, cools each bottle individually, and extracts one glass at a time. The system uses a motorized needle that lasts 300 bottles per chamber to pierce the foil and closure so the wine stays fresh. The company operates The Plum for Hotels program, bringing on-demand, in-room wine by the glass to guests and creating a new in-room profit center for hotels. Plum has signed deals with brands including Four Seasons, Marriott, SBE Group, Langham, Hyatt, Hilton, and Rosewood. It raised $9M in Series A funding to accelerate adoption of its appliance and expand into the luxury hotel sector.

Total raised

$19M

Funding rounds

2

Latest round

Series B

Latest activity

May 2018