Drinksandco Marketplace, S.L.U.

Drinksandco Marketplace operates as an online retail platform specializing in alcoholic beverages, primarily wines and spirits. It connects consumers with various suppliers to facilitate convenient purchasing. Founded in 2009 and headquartered in Barcelona, Spain, Drinksandco Marketplace, S. L.

U. operates the Uvinum. com platform, which allows users to purchase a wide range of alcoholic beverages directly from suppliers. The company has not undergone any significant pivots in its business strategy.

In August 2018, Pernod Ricard SA acquired Drinksandco Marketplace, S. L. U. for undisclosed financial terms.

The company has completed a total of 4 deals, with the most recent funding round being a Series C round, where it raised EUR 0. 90 mn led by Cabiedes & Partners, bringing the total amount raised to EUR 0. 90 mn. Uvinum.

com specializes in the online retail of alcoholic beverages, particularly wines, spirits, and gourmet food products. The platform connects consumers directly with a variety of suppliers, including wineries, distilleries, and gourmet food producers, addressing the need for a convenient shopping experience. Uvinum caters to both casual consumers and connoisseurs, with a customer base that spans key European markets such as Spain, France, Italy, and Germany. The company continuously updates its offerings to enhance the customer experience, including exclusive and limited-edition products.

In the most recent year of 2023, Uvinum. com generated revenue of EUR 424,381. 70. The company reported an EBITDA loss of EUR 7,694,911 for the same period.

Revenue is primarily generated through direct-to-consumer sales with a commission model, allowing partnerships with suppliers without holding inventory. This model supports both individual consumers and businesses, particularly in the hospitality sector, facilitating straightforward transactions for bulk orders. Uvinum. com aims to expand its product offerings and enhance its market presence.

The company is in the process of designing new products, which are expected to launch in upcoming quarters. Additionally, Uvinum is targeting expansion into new markets, with plans to enter specific regions within Europe by the end of 2024. The recent funding from the Series C round will be utilized to support these initiatives and bolster the company's operations to accommodate growth.