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May 1, 2015 7:18 EST

WineSimple, Inc.: A personalized wine platform that matches wines with your personal taste

iCrowdNewswire - May 1, 2015

WineSimple, Inc.

WineSimple, Inc.

A personalized wine platform that matches wines with your personal taste

WineSimple, Inc. is raising $800,000 with a minimum reservation of $10,000.

Highlights

  • Projecting to sell $900K in first year after close of fundraise
  • Wine revenue should grow from $850K to $50 Million over 4 years
  • Company should be profitable in Year 3

Elevator Pitch

WineSimple is the only company that offers quality brand name wine matched to each consumer’s taste preferences at prices less than typical retail. Think Pandora for wine.

Company Overview

The Opportunity
80 Million U.S. consumers will spend more than $40+ Billion on wine in 2014. Less than 2% of this will be sold online.

The Competition
Current online wine offerings are focused on niche markets, sell inexpensive/inconsistent imports and/or replicate the confusing offline experience.

The WineSimple Offer
WineSimple is creating an innovative and unique e-commerce wine business that will sell packages of 6 or 12 wines that are:

  • Specifically matched to each consumer’s Taste Profile
  • From multiple well-known wine producers—arriving in a single box
  • Cost less than typical retail prices

Investor Perks*

$10,000 – 6 bottles of wine delivered every month for 6 months

$25,000 – 6 bottles of wine delivered every month for 12 months

$50,000 – Above PLUS a CORAVIN™ 1000WINE ACCESS SYSTEM

$100,000 – Above PLUS invitation to participate in a Flavor Profiling session with 3 WineSimple Experts

*Note: There will be a $25 fee for perks, as federal law prevents alcohol from being given away.

Traction

Ability to sell more than 70 quality wines from brand name producers without the need to purchase the inventory

April, 2015

Advisors include Co-Founder of Pandora & President of Fandango

April, 2015

Projecting to sell $900K in first year after close of fundraise

April, 2015

E&J Gallo chose WineSimple to create a mobile app to help retailers sell more wine and paid $90,000 to include their wines in the database.

April, 2015

Our algorithm is dynamic and learns, so after rating 5 bottles, 97% of our customers rate wines we recommend a “4” or a “5”.

April, 2015

Strategic partnership with Step Up Women’s Network to promote WineSimple to 50,000 members.

April, 2015

Testimonials

Customers want choice and they want control over that choice. WineSimple uses a customer’s taste choices to tailor an offering that meets with an “oh,my!”
Richard Marcus Former CEO of Neiman Marcus, Board Member
Richard Marcus
“A lot of companies seem to claim they are “Pandora for wine”, but WineSimple is actually doing it. I’m critical of these things, but WineSimple has a system for profiling taste and recommending wines that actually works. I use it myself.”
Will Glaser Advisor at WineSimple, Co-Founder of Pandora
Will Glaser
As an author, television host, and speaker, I’m known for my educational yet entertaining take on wine. That’s why I’m excited to be working with WineSimple. Their approach helps consumers discover and enjoy new wines while making it a fun experience. People are going to love it.
Leslie Sbrocco Consultant and Wine Expert
 

Leadership

robert miller

robert miller

CEO and Founder at WineSimple

I began my professional career as an attorney practicing corporate and real estate law in Beverly Hills, CA. However, I quickly determined that I had made a horrendous career choice and moved on to help turn around companies at the request of various venture funds. I’ve served in various executive roles and joined Boards of Directors of hardware, software, healthcare, oil and gas, and financial services companies. More recently, I both founded and led early-stage companies. I’m currently the CEO of WineSimple, an assisted-commerce platform that helps consumers discover wines they’ll like and enables wine producers to increase market share. I graduated from UC Berkeley and earned a law degree from Loyola Marymount University. Currently reside in San Francisco, CA.
Richard Marcus

Richard Marcus

Board Member

1962-1988 Neiman Marcus 1979-1988 CEO, Neiman Marcus 1994-2007 Director, Zale Corporation 2004-2007 Non-Executive Chairman, Zale Corporation 1999-2006 Director, Michaels Stores 2000-2003 Director, Lands End 1990-1998 Director, Xcellenet 1999-2005 Co-Founder/Principal, InterSolve Group Specialties: listening, connecting, stretching
Richard Wollack

Richard Wollack

Board Member

From real estate, to stocks to vineyard and wine…great ways to invest and have fun through my life.
Amanda Richardson

Amanda Richardson

Board Member

I am a passionate, driven leader looking to provide great value and wonderful product experiences for users. I love building teams, evangelizing vision, and executing strategies that win.

Top Investors

Richard Marcus

Peter J. Solomon Company, Senior Advisor

1962-1988 Neiman Marcus 1979-1988 CEO, Neiman Marcus 1994-2007 Director, Zale Corporation 2004-2007 Non-Executive Chairman, Zale Corporation 1999-2006 …

Richard Wollack

Investing for Profit

From real estate, to stocks to vineyard and wine…great ways to invest and have fun through my life.

Phil Schlein

Investor in WineSimple, Partner at U.S. Venture Partners

Philip S. Schlein joined USVP in 1985 after a successful 28 year career as an operating executive in the retailing industry. For 11 years prior to joining US…

Loren Kieve

Angel Investor

 

Marty Stone

Investor in WineSimple, Owner of Stones’ Phones

Owner of Stones’ Phones and Board Member for the International Dyslexia Association.

Nick Halsey

Board Member of WineSimple

 

Hanson Li

Founder and Managing Partner at Salt Partners Group

Board Member for the Center for Asian American Media. Founder and Managing Partner at Salt Partners Group and Managing Partner at the Hina Group.

David Becker

SF Chamber of Commerce, Trustee

Entrepreneur

Bill Huck

Managing Director and CEO Common Bond Capital Partners, LLC

Bill Huck’s national experience underwriting municipal bonds and resolving distressed bond issues led him to co-found Common Bond Capital Partners, LLC in …

Board of Directors / Advisors

Team Member Name

Will Glaser

Advisor at WineSimple, Co-Founder of Pandora

Mr. Will Glaser serves as a Member of Board of Advisor at OverNear, Inc. Mr. Glaser has extraordinary insight into the solutions demanded by users in analyti…
Team Member Name

Paul Yanover

Advisor at WineSimple, President at Fandango

Paul Yanover was appointed president of Fandango in October 2012, leading the company’s overall business, and focusing on significantly growing its original …
Team Member Name

Camille Watson

Advisor

Senior Marketing Executive with over 20 years of experience marketing consumer products and services, with accomplishments and deep expertise across a full r…
Team Member Name

Leslie Sbrocco

Advisor at WineSimple

Leslie Sbrocco is known for her educational and entertaining approach to wine. Recently voted as one of the Top 100 most influential people in the American w…
Contact Information:

robert miller
Richard Marcus
Amanda Richardson

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