How Much Did Pier Wines Raise?
Funding & Key Investors

Pier Wines, a Brooklyn-based purveyor of fine wines, spirits, and saké, has secured $48K in total financing, with a recent infusion of $48K designated for substantial expansion capital. This latest round of investment underscores the company's significant Series B/C stage of growth, signaling a strategic push to broaden its market reach and product offerings. The company has been a fixture in the beverage distribution landscape since its establishment in 2010.

What is Pier Wines?

Pier Wines
RetailConvenience Stores, Gas Stations & Liquor Stores

Pier Wines distinguishes itself by offering a curated selection of over 300 unique products sourced from top importers, focusing on hidden gems and hard-to-find liquors. Operating seven days a week, the company serves a discerning clientele through both in-store and online channels, complemented by free local, on-demand delivery and domestic shipping services. A customer rewards program further incentivizes loyalty, reinforcing Pier Wines' commitment to customer satisfaction and accessibility in the premium beverage market.

How much funding has Pier Wines raised?

Pier Wines has raised a total of $48K across 1 funding round:

2021

Debt

$48K

Debt (2021): $48K with participation from PPP

What's next for Pier Wines?

With the recent influx of expansion capital, Pier Wines is poised for a significant growth phase. The strategic investment is expected to fuel initiatives aimed at enhancing distribution networks, potentially expanding its product catalog, and deepening its market penetration within the competitive beverage sector. The company's focus on unique and hard-to-find selections, combined with its robust delivery infrastructure, positions it well to capitalize on evolving consumer preferences for premium and artisanal alcoholic beverages.

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Frequently Asked Questions Regarding Pier Wines Financial Insights

What are the most recent funding rounds that Pier Wines has completed, and what were the funding rounds?
Pier Wines has recently completed 1 funding rounds: Debt on Feb 12, 2021.
What is the total amount of funding Pier Wines has raised to date?
Pier Wines has raised a total of $48K in funding to date.
How many funding rounds has Pier Wines completed?
Pier Wines has completed 1 funding rounds.
How much funding did Pier Wines raise in its most recent funding round?
Pier Wines raised $48K in its most recent funding round.
Who are the lead investors in Pier Wines's latest funding round?
The lead investor in Pier Wines's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Pier Wines's history?
The largest funding round in Pier Wines's history was $48K.
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