Naked Wines to put $10M in angel funding toward expansion

08/23/2013 | VentureBeat · Upstart Business Journal

U.K. wine company Naked Wines announced that it has raised $10 million in angel funding to use toward the international expansion of its online wine store into the U.S. and Australian markets. As many as 150,000 member customers paid $40 per month to receive wholesale pricing while helping to fund independent wineries at the same time. In the past five years, 130 winemakers across four continents have received more than $40 million from angel investors through Naked Wines.

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VentureBeat · Upstart Business Journal

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