The wine market was worth $64 billion in 2021 — and that’s just in the U.S. Yet this gargantuan industry has been sorely lacking in innovation.
Until Winc came along, that is.
Winc is a wine club startup that’s changing the industry from the ground up. It produces around 60 to 70 new wines every year. Then it uses data to track everything — not just how well the wines sell, but also who’s buying them, what customers have in common and more.
Since Andy Gordon recommended Winc to First Stage Investor subscribers in December 2019, the company has continued to grow. So in this episode of Startup Insider, we decided to sit down with Winc’s chief strategy officer and general counsel, Matt Thelen, to see how things are going. Topics include…
- Winc’s exploration of sake and non-alcoholic wines
- Winc’s retail expansion
- Chilled red wine and other surprising trends
- The organic wine movement
- And much more.
Thanks for watching!