What is Vivino?
Founded in 2010 and headquartered in San Francisco, California, Vivino operates as a comprehensive online wine marketplace. The company has established itself as a key player by connecting consumers with a vast selection of wines, leveraging technology to enhance the discovery and purchasing experience. Vivino's business model focuses on providing a seamless platform for both wine enthusiasts and producers, facilitating transactions and offering valuable insights into the wine market.
How much funding has Vivino raised?
Vivino has raised a total of $207.9M across 4 funding rounds:
Series A
$7.9M
Series B
$25M
Series C
$20M
Series D
$155M
Series A (2013): $7.9M with participation from Balderton Capital
Series B (2016): $25M led by Iconical, Balderton Capital, Creandum, SEED Capital, and SCP Neptune International
Series C (2018): $20M supported by Iconical, SEED Capital, Balderton Capital, SCP Neptune International, and Creandum
Series D (2021): $155M featuring Sprints Capital Management Limited, GP Bullhound LLP, Creandum, and Kinnevik
Key Investors in Vivino
Creandum
Creandum is a leading European venture capital firm, supporting some of the most successful European technology companies such as Spotify, iZettle, Trade Republic, Pleo, Depop, Klarna, KRY, Epidemic Sound and Small Giant Games. The Creandum funds are based in Guernsey and Sweden and are advised by advisory entities in Stockholm, Berlin, and San Francisco.
Balderton Capital
Balderton Capital (balderton.com) is a Londonbased venture capital firm that raises dedicated funds to invest in earlystage, highgrowth technology companies across Europe, typically leading Seed and Series A rounds and supporting founders through global scaleup and exits.
Iconical
Iconical is a company that operates in the Consumer Services industry. It employs 5to9 people and has 1Mto5M of revenue. The company is headquartered in Northampton, Northamptonshire, United Kingdom.
What's next for Vivino?
The recent major strategic investment in Vivino, following its Series D financing round, indicates a strong confidence from its backers in the company's future trajectory. This capital is expected to fuel further innovation in its marketplace technology, expand its global reach, and enhance its data-driven personalization capabilities for users. Vivino is poised to capitalize on the growing digital wine market, potentially exploring new service offerings and strategic partnerships to drive sustained growth and market leadership.
See full Vivino company page