• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Skip to navigation
Close Ad

The Spoon

Daily news and analysis about the food tech revolution

  • Home
  • Podcasts
  • Events
  • Newsletter
  • Connect
    • Custom Events
    • Slack
    • RSS
    • Send us a Tip
  • Advertise
  • Consulting
  • About
The Spoon
  • Home
  • Podcasts
  • Newsletter
  • Events
  • Advertise
  • About

Series A

March 7, 2019

Bright Cellars Raises $8.5M Series A for Personalized Wine Delivery Service

Unless you’re a sommelier, figuring out which wine to buy at the grocery store (red? white? rose? sparkling? orange?) can be more of a random choice than anything else.

Milwaukee-based startup Bright Cellars is trying to make the whole “figuring-out-which-wine-to-buy” thing a little easier with its B2C wine subscription service which matches consumers with bottles curated to their taste. Yesterday, the company announced that it had raised an $8.5 million Series A round led by Revolution Ventures (hat tip to Techcrunch). This brings Bright Cellar’s total funding to $13.5 million.

To determine which wines are the best match for your palate, Bright Cellars first has users take a quiz, asking about things like your chocolate preference and your favorite boozy drink (besides wine, of course). The algorithm then matches you with four bottles that are the best fit for your taste and delivers them to your door in a monthly subscription. Consumers can also give ratings and feedback on their wines, which Bright Cellar uses to tweak their future selections.

All of that feedback equates to a bunch of juicy data. Each time someone rates their Bright Cellars wines, the company is getting a coveted peek into consumers’ wine-drinking preferences. So it’s not exactly surprising that TechCrunch reported that in addition to sending you curated wine bundles, Bright Cellars is also using consumer data to create its own white label wines with undisclosed partners. Since they know so much about what their customers buy, they can create only varietals they know will sell — and then presumably they can continue to collect data on their wines through Bright Cellar reviews.

Even with its basic offering, Bright Cellars is capitalizing hardcore on two big consumer trends: personalization and convenience.

It’s no secret that people are thirsty to have every. last. thing. shipped to their doorstep — wine included. To feed the demand, everyone from small retailers to grocery giants like Kroger are doing just that. British company Garçon Wines has even figured out how to make flat-pack wines that are so thin they can slide right through your mail slot, so you don’t have to worry about package theft.

On the personalization side, several companies are working to find the perfect bottle(s) of vino to fit your tastes. Last year online wine search engine Wine-Searcher launched a chat bot to help lead consumers to their ideal bottle. Denmark-based Vivino lets users take a photo of a wine label and gives them in-depth details, consumer ratings, and an option for online purchase. Just last month, B2B wine recommendation service Wine Ring partnered with Signature Kitchen Suite to develop a wine fridge that tracks your bottles and uses data to make suggestions based on consumers’ in-app wine profiles and their collections.

Bright Cellar’s service costs $80 for monthly four-bottle delivery. For someone like me who rarely buys wine over $12 (sorry), this is a little costly. True oenophiles might also shy away from the service, opting for something like Vinsent, which gives people early access to exclusive wines. But for those who want some guidance and don’t mind paying for it — and who really value convenience — Bright Cellars might be worth a shot.

November 2, 2016

Tea Startup Teforia Gets $12 Million Infusion In Series A Round

Last year at the inaugural Smart Kitchen Summit, there was a small team gathered around a high-top round table pouring delicious tea for Summit attendees. Their startup, Teforia, was still relatively unknown, having officially introduced itself only a week earlier. A few months later, Teforia announced a $5.1 million seed funding round and began the work of evangelizing the magic its technology was attempting to bring to tea drinkers everywhere. Accepting around 500 pre-orders to early backers, the company is now about to start early shipping and has just announced a $12 million Series A round led by Translink Capital.

Teforia’s premise is based on a propriety technology and sleek design. Using what’s called the “Selection Infusion Process,” users can customize their tea’s caffeine levels, antioxidant levels and flavor profiles. Teforia’s infuser will know exactly the right brew time and temperature and the result is a unique twist on an ancient drink.

The company has enjoyed early success in part based on founder Allen Han, who in a previous life was one of the designers behind the original XBOX. A trip several years ago to Asia and an excellent cup of tea led Han to explore the niche beverage industry and discover a significant lack of innovation or modern investment.

“…the $90 billion dollar global tea market largely consists of commercialized brewing methods and treatments. Most tea drinkers don’t know what they’re missing, so I wanted to create a way to perfect the process of brewing tea while honoring its tradition.”

Teforia’s device uses a pod-based system, made popular first by Keurig but then replicated by many modern beverage machines. The difference in Teforia’s model lies in the customization features. The pre-packaged “Sips” are filled with gourmet teas that can be “read” by the Teforia infuser and the companion app allows tea drinkers to personalize infusions of any loose-leaf tea to their preferences.

Teforia is banking on the continued popularity of tea around the globe, but particularly within the Millennial generations. While older generations typically prefer coffee, surveyed Millennials drink tea and coffee equally – and while the company is currently only shipping in the U.S., the opportunity abroad may be even bigger. Jay Eum, co-founder and managing director, Translink Capital commented, “As the tea market continues to grow globally, we know that as the company gears up for a successful launch in the U.S., that will only be the beginning. We believe the opportunity for the company could be huge in Asia where tea is deeply integrated into the culture.”

The startup’s Series A round included participation from returning investor Upfront Ventures and Lemnos Labs along with new investment from Mousse Partners and Correlation Ventures, bringing total funding to date to over $17M.

Primary Sidebar

Footer

  • About
  • Sponsor the Spoon
  • The Spoon Events
  • Spoon Plus

© 2016–2025 The Spoon. All rights reserved.

  • Facebook
  • Instagram
  • LinkedIn
  • RSS
  • Twitter
  • YouTube
 

Loading Comments...