InVintory Closes $1.5M First Funding

InVintory
InVintory

InVintory, a New York-based provider of a wine cellaring platform, raised $1.5M in funding.

The round was led by JJ Redick and Josh Hart.

The company intends to use the funds to invest in product development and growth. The team plans to add features to both its free and subscription tiers, and is also working on a new product for collectors with larger home cellars to manage all aspects of their collection from the cellar door. In addition, they are finalizing partnerships with other businesses in the wine space to bring more value to their customers through partner benefits. 

Led by CEO Jeff Daiter, InVintory has to date released two products – Aspire and Prestige. The free Aspire tier offers a range of features to help collectors at every stage of their journey manage their collections, from scanning labels to add wines, creating custom tags to organize bottles, and cataloging desired bottles in a wishlist. Prestige additionally offers advanced technology to create a 3D cellar or fridge replica and find bottles in an instant, as well as advanced analytics to obtain cellar valuation, track activity, and view collection breakdowns along multiple dimensions.

The app is available on iOS and web.

FinSMEs

13/10/2022