Dania, United States
Plum, Inc., founded in 2014, is revolutionizing the way wine is consumed in both hotel rooms and households. Their innovative appliance, marketed under the slogan "Wine Refrigeration - Wine Preservation - Wine Dispenser", enables consumers to enjoy a perfectly chilled glass of wine anytime.
Positioned at the intersection of the Consumer Electronics, Food and Beverage, Hospitality, and Lifestyle industries, Plum represents a unique value proposition by transforming the traditional wine drinking experience. The company's headquarters are in the United States, which aligns well with its target market of high-end consumers seeking convenience and luxury.
Having secured a $10.00M Series B investment on May 30, 2018, led by Las Olas Venture Capital and Chuhan Wang, Plum is well-positioned for growth. This capital injection is expected to fuel product development and market expansion efforts, maintaining their competitive edge in this niche yet lucrative sector.
