Wine.com operates an online wine retail platform with a mobile iOS app that lets users scan, rate, and buy wines and a live chat with wine experts seven days a week. The company runs multiple distribution centers and a retail wine fulfillment network that delivers in 1–2 days to most addresses and ships to 11,000 FedEx Office, Walgreens and affiliated local pick-up sites. Wine.com also offers a StewardShip subscription that provides unlimited wine delivery and exclusive access to new releases for $49 per year. The company plans to use new capital to enhance customer experience, increase brand awareness, and scale its market-leading infrastructure. Wine.com intends to invest in features and services to help customers discover wine and pursue growth among mobile users—currently 30% of revenue comes from mobile—and millennials, who make up one-third of its customers. It will also invest in new channels and operational improvements to enable order accuracy and timeliness at multiples of the current scale. Wine.com is a San Francisco-based online wine retailer that provides customers access to a large wine store and live chat with wine experts seven days a week. The company operates multiple distribution centers and a retail wine fulfillment network that enables 1–2 day delivery to most U.S. addresses and date-certain delivery. Wine.com also offers shipping to roughly 6,000 FedEx and Walgreens local pick-up sites. It recently launched an iOS app that allows users to scan, rate, and purchase wines on the go. The company is majority owned by Baker Capital and is led by CEO Rich Bergsund. Wine.com raised $15M in growth funding and said it will use the proceeds to expand operations and grow its technology.

Total raised

$48M

Funding rounds

3

Latest round

Equity

Latest activity

Nov 2018