Obvious Wines (Equity)
Funding Details
Awarder
StartEngine
Date Award
September 3, 2021
Vertical
Wine
Premoney Valuation
$1,000,000
Valuation
$11,000,000
Funding Amount
$223,512,370,000
Company Info
Founding Year
2018
Traction
Despite challenges from COVID-19, Obvious Wines has shown strong growth with over $1.3 million in revenues in 2020 and a 50% growth in the first half of 2021. The company has sold over 300,000 bottles since 2018 and has a significant online sales presence.
Revenue Amount
$1,300,000
Organizations Involved
Shark Tank, national media
Founders
Brice Baillie
Market
Beverage
Location
Venice, CA, US
Coinvestors
Shark Tank, national media
Company Description

Because you shouldn't need a PhD to drink wine...