Vino Volo

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Vino Volo - overview

Location

Oakland, CA, US

Primary Industry

Business Support Services

About

Vino Volo offers travelers a sophisticated wine tasting experience at airports, combining curated wine selections with gourmet food pairings in an inviting atmosphere. Vino Volo specializes in providing a unique wine tasting experience at airport locations. The company was acquired by Hojeij Branded Foods in July 2017, with financial terms not disclosed. The firm is headquartered in Oakland, US, and led by CEO Doug Tomlinson.


It has raised a total of USD 10. 00 mn through multiple funding rounds, with the latest being a VENTURE DEBT round that occurred on July 20, 2017, where it secured USD 7. 00 mn from Beedie Capital. Vino Volo specializes in providing a unique wine tasting experience that combines high-quality wine selections with a warm, inviting atmosphere designed for both novice and experienced wine enthusiasts.


The company's core offerings include curated wine flights, allowing customers to sample wines from different regions, and educational experiences that focus on wine appreciation and food pairings. These services are primarily available in airport locations, appealing to travelers seeking a refined dining experience while on the go, particularly frequent flyers, wine aficionados, and casual travelers looking to indulge in premium wines. Vino Volo generates revenue through direct sales of its wine flights, educational seminars, and retail wine purchases. The company's transaction structure is primarily B2C, with customers purchasing experiences directly at physical locations.


A typical customer interaction involves selecting a wine flight paired with gourmet food options, constituting an average transaction that encompasses both wine and food selections. Vino Volo may also engage in partnerships with retailers to sell selected wines, thereby expanding their revenue streams beyond in-person experiences. Vino Volo aims to leverage its recent funding to enhance its offerings and expand its presence in the airport dining sector. The company is focusing on new product launches designed to elevate the wine tasting experience further.


Additionally, Vino Volo plans to extend its geographical footprint into more major U. S. airports as part of its growth strategy, aiming to have this expansion operational in the near future.


Current Investors

Morgan Stanley Investment Management, Hojeij Branded Foods Inc.

Primary Industry

Business Support Services

Sub Industries

Business Support Services

Website

www.vinovolo.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Vino Volo - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedVino Volo-
GrowthCompletedVino Volo-

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Vino Volo - employee data

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