Club W Obtains $9,500,000 New Financing

  • Feed Type
  • Date
    9/22/2014
  • Company Name
    Club W
  • Mailing Address
    5340 Alla Road Los Angeles, CA 90066 USA
  • Company Description
    We are an online community of wine enthusiasts committed to taking the hassle, guesswork and pretentiousness out of enjoying a great bottle of wine at a reasonable price. For far too long buying wine has been a one-way street with experts using overblown wine jargon to tell people what to drink.
  • Website
    http://www.clubw.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $9,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The startup to use the new equity capital on fixed costs associated with making wines, and acquiring customers through word of mouth, social media and great branding.
  • M&A Terms
  • Venture Investor
  • Venture Investor