We are excited to announce that Vint has raised an oversubscribed $5 Million Seed Round led by Montage Ventures.
Fintech Ventures participated in this current round with additional new/previous investors that include: MS&AD Ventures, Goat Rodeo Capital, Great Oaks Venture Capital, Plug and Play Tech Center Ventures, Fiat Ventures, irrvrntVC, and Western Technology Investment.
We’re excited to have witnessed the company’s significant growth since Fintech Ventures led the $1.7 Million Pre-Seed Round in November 2021, including:
Growth of the platform to over 7,500 members
46 sold old collections
6 rounds of distributions with net annualized returns of 28.3%
Learn more about the round in this blog post on Vint’s website.
Media Coverage:
Business Insider - “Here's the 13-page deck a fintech for investing in high-end wines and spirits used to raise a $5 million seed round”
CityBiz - “Wine-Investing Platform Vint Raises $5 Million in Seed Funding Round”
Richmond BizSense - “Wine investing service pours $5M capital raise into hiring”
TechCrunch - “Fintech Vint hopes to turn wine and spirits into a mainstream asset class”
TechCrunch - “Investors’ flight to safety and regulation creates tailwinds for passion assets”