Www.Nakedwines.Com Limited

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Www.Nakedwines.Com Limited - overview

Established

2008

Location

Norwich, -, UK

Primary Industry

Retail

About

NakedWines. com Limited provides an innovative platform that connects consumers directly with independent winemakers, facilitating the purchase of exclusive wines at competitive prices for its members, known as "Angels. "Founded in 2008, NakedWines. com Limited operates by enabling customers to fund independent winemakers directly, thus eliminating traditional retail markups.


The company has its headquarters in Norwich, United Kingdom. Its founder, Rowan Gormley, previously established other ventures, including Virgin Wines. The company has undergone strategic operational changes to enhance its direct-to-consumer model. NakedWines.


com has successfully attracted investments through multiple funding rounds, enhancing its capacity to grow and innovate. NakedWines. com primarily offers a unique online wine purchasing experience by connecting consumers directly with independent winemakers. Their core services include facilitating the sale of exclusive wines, often at significant discounts, to members known as "Angels" who contribute monthly to a fund that supports winemakers.


This business model eliminates middlemen, allowing for better pricing and quality. Naked Wines serves a diverse customer base, including wine enthusiasts and casual drinkers, who seek high-quality wines not typically found in retail outlets. The company's products are available across various geographical markets, including the United States, the United Kingdom, and Australia. NakedWines.


com generates revenue through a subscription model, where customers, referred to as "Angels," contribute a monthly fee of USD 40 to their accounts. This contribution can be spent on the wines of their choice available on the platform, enhancing customer engagement and loyalty. When a customer places an order, they benefit from preferential pricing, often up to 60% off traditional retail prices for selected wines, alongside access to exclusive offerings and personalized services like online tastings with winemakers. The company structures its transactions primarily as direct-to-consumer sales, facilitating a seamless purchasing process through its website.


NakedWines. com is focused on expanding its product offerings and enhancing its online platform. Plans for the upcoming year include the introduction of a range of new wines sourced from emerging winemakers globally. Additionally, the company aims to enter new markets, particularly in Europe and Asia, by the end of 2024.


Recent funding will be utilized to support these initiatives, ensuring adequate resources for marketing and operational expansion.


Primary Industry

Retail

Sub Industries

Supermarkets & Grocery Stores, Retail

Website

http://nakedwines.com

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.