OverviewSuggest Edit

Winc (formerly known as Club W) is a company that operates a customized, subscription-based website for wine. It also operates a personalized wine club. The Company is a direct-to-consumer winery and provides wine delivery services.

TypePrivate
Founded2012
HQLos Angeles, CA, US
Websitewinc.com
Employee Ratings4
Overall CultureD+

Locations

Winc is headquartered in
Los Angeles, United States

Location Map

Latest Updates

Employees (est.) (Jul 2019)80
Revenue (FY, 2018)$40.6 M(+11%)
Cybersecurity ratingBMore

Key People/Management at Winc

Xander Oxman

Xander Oxman

Chairman
Geoffrey McFarlane

Geoffrey McFarlane

CEO
Show more

Winc Office Locations

Winc has an office in Los Angeles
Los Angeles, CA, US (HQ)
5340 Alla Rd
Show all (1)

Winc Financials and Metrics

Summary Metrics

Founding Date

2012

Winc total Funding

$52.4 m

Winc latest funding size

$2.30 m

Time since last funding

a year ago

Winc investors

Winc's latest funding round in February 2020 was reported to be $2.3 m. In total, Winc has raised $52.4 m. Winc's latest valuation is reported to be $95 m.
View all funding rounds

Winc Revenue

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View revenue for all periods
Winc's revenue was reported to be $40.63 m in FY, 2018 which is a 10.4% increase from the previous period.
USD

Revenue (H1, 2019)

18.5m

Gross profit (H1, 2019)

7.6m

Gross profit margin (H1, 2019), %

41%

Net income (H1, 2019)

(2.3m)

EBIT (H1, 2019)

(2.0m)

Market valuation

95.0m

Cash (30-Jun-2019)

2.8m

EV

97.1m
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

34.4m36.8m40.6m

Revenue growth, %

7%10%

Cost of goods sold

24.8m24.6m23.6m

Gross profit

9.6m12.2m17.0m
Half Year
USDH1, 2018H1, 2019

Revenue

21.3m18.5m

Cost of goods sold

12.6m10.9m

Gross profit

8.8m7.6m

Gross profit Margin, %

41%41%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

2.4m5.2m1.9m

Accounts Receivable

349.9k861.9k1.0m

Prepaid Expenses

1.1m2.6m1.9m

Inventories

9.5m9.7m9.1m
Half Year
USDH1, 2019

Cash

2.8m

Accounts Receivable

1.5m

Prepaid Expenses

2.1m

Inventories

8.4m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

(8.7m)(8.6m)(1.2m)

Depreciation and Amortization

302.0k515.9k605.3k

Inventories

(1.6m)(230.9k)640.5k

Accounts Payable

(105.1k)936.2k(1.1m)
Half Year
USDH1, 2018H1, 2019

Net Income

17.9k(2.3m)

Depreciation and Amortization

274.6k324.1k

Inventories

1.2m(683.6k)

Accounts Payable

(1.7m)(1.0m)
USDFY, 2016

Debt/Equity

-8 x

Debt/Assets

0.7 x

Financial Leverage

-11.9 x
Show all financial metrics

Winc Operating Metrics

Winc's Customers was reported to be 500 k in Jul, 2018.
Jul, 2018

Customers

500 k

Bottles of Wine Sold to Date

13 m

Accounts

3.10 k

Wines Produced

664
Show all operating metrics

Winc Acquisitions / Subsidiaries

Company NameDateDeal Size
BWSC, LLC

Winc Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Winc Online and Social Media Presence

Embed Graph

Winc Company Culture

  • Overall Culture

    D+

    63/100

  • CEO Rating

    F

    50/100

  • Compensation

    D

    55/100

Learn more on Comparably

Winc Frequently Asked Questions

  • When was Winc founded?

    Winc was founded in 2012.

  • Who are Winc key executives?

    Winc's key executives are Xander Oxman and Geoffrey McFarlane.

  • How many employees does Winc have?

    Winc has 80 employees.

  • What is Winc revenue?

    Latest Winc annual revenue is $40.6 m.

  • What is Winc revenue per employee?

    Latest Winc revenue per employee is $507.8 k.

  • Who are Winc competitors?

    Competitors of Winc include Distil, Astor and Yalumba.

  • Where is Winc headquarters?

    Winc headquarters is located at 5340 Alla Rd, Los Angeles.

  • Where are Winc offices?

    Winc has an office in Los Angeles.

  • How many offices does Winc have?

    Winc has 1 office.