What is Coravin?
Coravin, Inc. is dedicated to transforming the way the world experiences wine. Its innovative Wine Preservation Systems are designed for wine enthusiasts, connoisseurs, and trade professionals, enabling them to taste, serve, drink, sell, and market wine in novel ways. The company's core technology allows for the pouring of any wine, still or sparkling, in any desired quantity, while maintaining the integrity and longevity of the bottle for weeks, months, or even years. With a global footprint spanning over 60 countries, Coravin products are accessible through leading retailers, specialized wine shops, and are integral to premium by-the-glass programs in restaurants and social clubs worldwide.
How much funding has Coravin raised?
Coravin has raised a total of $63.2M across 6 funding rounds:
Other Financing Round
$600K
Series A
$11.5M
Series B
$14M
Series C
$13.6M
Private Equity
$22.5M
Debt
$1M
Other Financing Round (2011): $600K with participation from Jaina Capital
Series A (2013): $11.5M, investors not publicly disclosed
Series B (2014): $14M supported by Quadrille Capital
Series C (2015): $13.6M featuring Quadrille Capital and Windham Venture Partners
Private Equity (2016): $22.5M, investors not publicly disclosed
Debt (2020): $1M with participation from PPP
Key Investors in Coravin
Jaina Capital
Jaina Capital is a venture capital firm that operates within the technology and innovation sectors, likely focusing on early-stage investments with high growth potential.
Quadrille Capital
Quadrille Capital is an independent French private investment firm with a focus on technology, healthcare, and energy, investing directly in companies and selected funds.
Windham Venture Partners
Windham Venture Partners is a venture capital firm based in New York City, specializing in healthcare investments, particularly in medical technology and digital health.
What's next for Coravin?
The recent major strategic investment signifies Coravin's robust market position and its potential for continued expansion. This capital will likely be deployed to enhance product development, broaden its international reach, and strengthen its presence in both consumer and professional wine markets. As Coravin continues to innovate in wine preservation technology, it is poised to further solidify its leadership in the global wine industry, potentially exploring new applications and partnerships to redefine wine consumption and service.
See full Coravin company page
