Svinando, a Turin, Italy-based online wine club operating with a flash sales model, raised €300k in angel funding.
Along with the founding team and other local business angels, a group of members of Club degli Investitori including its president Mr. Giancarlo Rocchietti made the investment.
The company intends to use the funds to consolidate its position in the domestic market and accelerate its international expansion.
Founded in October 2012 by CEO Riccardo Triolo and supported by 2i3t – the University of Turin incubator for innovative companies, Svinando.com offers wine lovers the opportunity to access small premium wine productions otherwise unknown at exclusive conditions and gives wine producers a quality exposure to a wider and targeted audience.
As of today, the service counts more than 35.000 registered users.