Tech Company Inital Public Offerings
Winc IPO
Winc was acquired by . Shares became public on 11/11/2021.
Transaction Overview
Company Name
Announced On
11/11/2021
Transaction Type
IPO
Amount
$22,000,000
Proceeds Purpose
We currently intend to use the net proceeds we receive from this offering for general corporate purposes. These purposes may include operating expenses, working capital and capital expenditures for future growth, including marketing and DTC advertising investments, innovation and adjacent product category expansion, international growth investment and organizational capabilities investments. We may also use a portion of the proceeds for the acquisition of, or investment in, assets, technologies, solutions, or businesses that complement our business.
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
5340 Alla Rd. 105
Los Angeles, CA 90066
USA
Los Angeles, CA 90066
USA
Phone
Website
Email Address
Not Recorded
Overview
As a brand, Winc embodies our founding goal to make wine approachable and accessible. It also encompasses a broader desire to make great wines with passion and pride, and to bring transparency, honesty, innovation, and curiosity to an industry dominated by opaque, entrenched conglomerates.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Xander Oxman
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We report on every notable VC transaction. VC transactions reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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