Winc Lands $17,500,000 Series B Financing Round

Company Information

Company
Winc

Website

http://www.winc.com

Location
5340 Alla Road Los Angeles, CA 90066

Description
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.

Transaction Details

  • Date – 5/4/2016
  • Transaction Type – Venture Equity
  • Transaction Amount – $17,500,000
  • Transaction Round – Series B
  • Acquire / Investor(s) – Shining Capital
  • Acquire / Investor(s) – Bessemer Venture Partners
  • Acquire / Investor(s) – Undisclosed