# Winc

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/winc

- Industry: Consumer Products
- Headquarters: Los Angeles, US
- Website: www.winc.com
- Total disclosed funding: $31M
- Latest round: Series B (Jun 15, 2015)
- Investors on record: 8

## About

Winc, Inc. is a US-based company specializing in direct-to-consumer wine distribution, providing personalized wine selections through a subscription model and enhancing customer experiences with tailored recommendations.Founded in 2011 in Los Angeles, US, Winc, Inc. focuses on the subscription-based distribution of wines. The company's founders include Alex Cabré, Bert Clybouw, Brian Smith, Christophe Segers, Geoffrey McFarlane, Guillermo Martorell, and Myka McLaughlin. Geoffrey McFarlane currently serves as CEO. In November 2021, Winc, Inc. successfully raised USD 20.31 mn in an IPO, marking a significant milestone for the company. As of December 2022, Winc, Inc. has discontinued its operations.Winc specializes in the direct-to-consumer distribution of wine, offering a curated selection through a subscription model. Customers receive personalized wine recommendations after completing a Palate Profile Quiz. Their product range includes red, white, rosé, and sparkling wines, with marketing focused on consumers aged 21 and older in the US, shipping to states like California, New York, and Florida.In the most recent year, Winc reported a revenue of USD 64.71 mn for 2020, with an EBITDA of USD -5.65 mn for the same year.Following their IPO in November 2021, Winc raised USD 20.31 mn by selling 1.69 million shares at USD 13 per share on the NYSE. However, the company has since discontinued its operations in December 2022, impacting its future growth plans significantly.

## Funding rounds

- Series B, Jun 15, 2015, $18M — Bessemer Venture Partners, Amplify, Shining Capital
- Series A, Sep 22, 2014, $9.5M — Bessemer Venture Partners, Tiller Partners
- Seed, Feb 12, 2013, $3.6M — Crosscut Ventures Management, Wavemaker Partners, 500 Global, Amplify, Tiller Partners, Guild Capital
- Seed, Aug 16, 2011, $0.1M — Wavemaker Partners, 500 Global, Amplify

## Investors

- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Amplify (https://capitalatlas.ai/funds/amplify) — Seed, Series B
- Crosscut Ventures Management (https://capitalatlas.ai/funds/crosscut-ventures-management) — Seed
- Tiller Partners (https://capitalatlas.ai/funds/tiller-partners) — Seed, Series A
- Guild Capital (https://capitalatlas.ai/funds/guild-capital) — Seed
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B
- Shining Capital (https://capitalatlas.ai/funds/shining-capital) — Series B