Avaline Wine is an E-commerce startup that aims to set a new standard in the wine industry. Since its founding in 2018, the company has been committed to elevating the quality of the wine by using 100% organic grapes and eliminating unwanted additives such as sugars, colors, and concentrates. Co-founded by Cameron Diaz and Katherine Power, Avaline is driven by their passion for wine and their dedication to sourcing higher quality ingredients while promoting transparency.
The company's recent milestone includes a significant $9.50M Series A investment on 27 July 2021, which speaks volumes about its growth potential and investor confidence. The investment was led by H Venture Partners, Plus Capital, Greycroft, and Marcy Venture Partners, portraying the trust that renowned investors place in Avaline's future prospects.
With its headquarter in the United States, Avaline Wine's vision for redefining the wine industry through quality and transparency, coupled with strong investor backing, positions it as a compelling player in the market.