Bright Cellars Overview
- Founded
-
2014

- Status
-
Private
- Employees
-
77

- Latest Deal Type
-
Debt
- Latest Deal Amount
-
$4M
- Investors
-
14
Bright Cellars General Information
Description
Developer of a wine subscription platform designed to match consumers with wine that fits their personalized taste profile. The company's platform uses a machine-learning algorithm that lets users take an online quiz to determine their taste in wines and based on the data, personalized wine recommendations are made following which, four bottles that fit their taste are delivered at the user's doorstep on a monthly subscription basis, enabling customers to enjoy unique wines that best fit their taste and preferences.
Contact Information
Website
www.brightcellars.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Services (B2C Non-Financial)
Other Industries
Beverages
Primary Office
- 313 North Plankinton Avenue
- Suite 214
- Milwaukee, WI 53203
- United States
+1 (844) 000-0000
Bright Cellars Timeline
Bright Cellars Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Debt - General | 15-Oct-2021 | $4M | 0000 | Completed | Generating Revenue | |
3. Later Stage VC (Series A1) | 12-Jun-2019 | 000.00 | 0000 | 000.00 | Completed | Generating Revenue |
2. Seed Round | 17-Aug-2015 | $2.14M | $2.39M | 00.000 | Completed | Generating Revenue |
1. Accelerator/Incubator | 01-Jan-2015 | $140K | $140K | Completed | Generating Revenue |
Bright Cellars Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A2 | 000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 00.000 | |
Series A1 | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Seed | 400,036 | $0.001000 | $5.04 | $5.04 | 1x | $5.04 | 11.2% |
Bright Cellars Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of a wine subscription platform designed to match consumers with wine that fits their personalized taste profi
Other Services (B2C Non-Financial)
Milwaukee, WI
77
As of 2023
0000
000000000
0000
Bright Cellars Competitors (3)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Winc | Formerly VC-backed | Los Angeles, CA | 00 | 00000 | 0000000000. | |
0000 00000000000 | Venture Capital-Backed | New York, NY | 0 | 000 | 0000000000 0 | 000 |
0000000 | Formerly VC-backed | San Francisco, CA | 0 | 00.000 | 000000&0 | 00.000 |
Bright Cellars Executive Team (12)
Bright Cellars Board Members (6)
Name | Representing | Role | Since |
---|---|---|---|
Christopher Abele | Bright Cellars | Board Member | 000 0000 |
Clara Sieg | Revolution/ROTR | Board Member | 000 0000 |
Jacob Shapiro | Cleveland Avenue | Board Member | 000 0000 |
James Sietstra | Self | Board Member | 000 0000 |
Richard Yau | Bright Cellars | Co-Founder, Chief Executive Officer, President & Board Member | 000 0000 |
Bright Cellars Signals
Bright Cellars Investors (14)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Cream City Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
Joe Kirgues | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Northwestern Mutual Capital | Mezzanine | Minority | 000 0000 | 000000 0 | |
Revolution/ROTR | Venture Capital | Minority | 000 0000 | 000000 0 | |
Troy Vosseller | Angel (individual) | Minority | 000 0000 | 000000 0 |