What is Naked Wines?
Nakedwines.com, founded in 2008 and headquartered in Napa, California, operates a unique direct-to-winemaker investment model. By focusing on the quality of the wine itself and minimizing expenditure on sales, marketing, and elaborate packaging, the company aims to deliver superior value to its customers. This approach allows consumers to experience more for their investment, with 'Angels' – individuals who invest in Nakedwines.com – receiving even more advantageous terms.
How much funding has Naked Wines raised?
Naked Wines has raised a total of $26.7M across 2 funding rounds:
Series B
$16.7M
Series A
$10M
Series B (2012): $16.7M with participation from Cowin Capital and China Equity Group
Series A (2013): $10M led by WIV Wein International
Key Investors in Naked Wines
WIV Wein International
WIV Wein International is an entity involved in the wine industry, participating in Naked Wines' Series A funding round.
Cowin Capital
Cowin Capital is a venture capital firm, likely focusing on investments within China, that participated in Naked Wines' Series B financing.
China Equity Group
China Equity Group is an investment firm that provided backing for Naked Wines during its Series B funding round.
What's next for Naked Wines?
The recent major enterprise-level funding and strategic investment signal a pivotal growth phase for Naked Wines. This capital infusion is likely to be directed towards enhancing its direct sourcing capabilities, expanding its winemaker network, and potentially scaling its customer acquisition efforts. The company's focus on value and direct relationships suggests a strategy geared towards deepening market penetration and solidifying its competitive advantage in the evolving online wine retail landscape.
See full Naked Wines company page
