Winc Raises $17.5M in Series B Funding

wincWinc (fka Club W) a Los Angeles, CA-based direct-distribution wine company, raised $17.5m in Series B funding.

The round, which brought total raised by the company to over $30m, was co-led by Beijing-based Shining Capital and existing investor Bessemer Venture Partners.

Led by CEO Xander Oxman and COO Geoff McFarlane, Winc (formerly Club W) is a direct-distribution wine company that sources and makes wines from around the world and sells them directly to consumers and to select restaurants and retailers.
Winc recently opened its second distribution facility, extending its two-day shipping presence to the entire Eastern Seaboard.

FinSMEs

04/05/2016

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