Vivino Raises $20 Million in Series C Funding

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SAN FRANCISCO, CA, Feb. 14, 2018 (GLOBE NEWSWIRE) — — Vivino, the world’s most downloaded mobile wine app and largest online wine marketplace has raised $20 million in Series C funding.  Since its last round of funding in January 2016, Vivino has increased its user base from 13 million to 29 million, and has grown its commerce initiative, which leverages community data to suggest personalized wine recommendations to each individual user based on their unique ratings and purchases. 

This round is led by SCP Neptune International, the investment arm of industry icon, Christophe Navarre and brings Vivino’s total funding to $57 million since it was founded in 2010. Navarre, previously CEO and Chairman of Möet Hennessy and Chairman of VinExpo, also sits on Vivino’s Board of Directors. Balderton Capital, Creandum, SEED Capital Denmark and Iconical, all existing major investors in Vivino, are contributing to …

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