Avaline
Latest round
- Series A
Last raised
- Jul 2021
Total raised
- $9.5M
Investors
- 4
About Avaline
Based in California, US, Avaline LTD. was founded in 2020 by co-founders Cameron Diaz and Katherine Power. The company operates as a winemaker. Avaline's Red whine was released in October 2020, followed by a Sparkling in December 2021. As of 2021, Avaline had over 119,000 active Instagram followers and had 15,000+ one-on-one discussions with its community. Since its 2020, Avaline has produced over 28 million video views through earned media attention and compelling social content. Avaline is now accessible in 46 states through retail outlets and 13 states through direct-to-consumer sales. The company's produced wines are plant-based and synthetic-free, manufactured with organic and clean components, and are entirely devoid of isinglass or eggs, giving consumers pure and sugar-free wines. Avaline's clean wine lineup presently comprises Avaline White, Avaline Rosé, Avaline Red, Avaline Sparkling, and the newest release, Avaline Sparkling Rosé 375ml, a DTC-exclusive limited-edition. The company generates revenue by selling wines on its website. Avaline will be ready for shipment to customers in almost 40 states by the end of 2021.
Who invested in Avaline
4 investors across 1 round
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Funding rounds
Series A
Jul 27, 2021
Amount
$9.5M
Investors
Questions about Avaline
Who invested in Avaline?
Avaline has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Avaline raised?
Avaline has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Avaline last raise money?
Avaline's most recent round on record is a Series A, in Jul 2021.
What does Avaline do?
Based in California, US, Avaline LTD.
Where is Avaline headquartered?
Avaline is headquartered in Los Angeles, US.
Which VCs invest in companies like Avaline?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Avaline's stage. Their profiles are linked below.
VCs backing consumer products startups at Series A
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