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brightcellars.com

Founded Year

2014

Stage

Seed - III | Alive

Total Raised

$24.36M

Revenue

$0000 

About Bright Cellars

Bright Cellars is a monthly wine club that matches users with wine that they love. The Bright Points algorithm scores each wine by comparing 18 attributes to preferences, matching users with their monthly experience.

Bright Cellars Headquarter Location

313 N Plankinton Avenue Suite 214

Milwaukee, Wisconsin, 53203,

United States

1-844-223-5527

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Research containing Bright Cellars

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CB Insights Intelligence Analysts have mentioned Bright Cellars in 1 CB Insights research brief, most recently on Dec 8, 2021.

Expert Collections containing Bright Cellars

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Bright Cellars is included in 3 Expert Collections, including E-Commerce.

E

E-Commerce

365 items

A

Alcohol Tech

1,348 items

Tech-enabled companies focused on the production, distribution, and consumption of wine. This collection includes companies such as e-commerce platforms, mobile apps, connected objects, and hardware, among others.

F

Food & Meal Delivery

1,466 items

Startups and tech companies offering online grocery, food, beverage, and meal delivery services.

Latest Bright Cellars News

Alcoholic Beverage E-Commerce Platforms Market worth $30.5 Billion by 2030 - Exclusive Report by InsightAce Analytic

Mar 7, 2022

News provided by Share this article Share this article JERSEY CITY, N.J., March 7, 2022 /PRNewswire/ -- InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on "Global Alcoholic Beverage E-Commerce Platforms Market (Products (Wine, Beer, Distilled Spirits, Hard Kombucha, Hard Seltzers, Cocktails and Long Drinks and Other RTD/ Flavored Products), Applications (Commercial, Residential), Distribution Channels (Direct to the consumer, Online liquor stores, Online grocery, Licensed Specialty Retailers, and Other Distribution Channels)) – By Industry Competition Analysis, Future Trends, Revenue and Forecast Till 2030." According to the market research report's latest version, the global Alcoholic Beverage E-Commerce Platforms market size is valued at US$ 2.19 Billion in 2021, and it is expected to reach US$ 30.5 Billion in 2030, recording a promising CAGR of 34.3% from 2022 to 2030. Request for Sample Pages: https://www.insightaceanalytic.com/request-sample/1210 The development of e-commerce in the food and beverages services market has been proliferated through the huge penetration of the internet. Selling online is helping businesses to reach new markets and increase sales and revenue gains. Emerging technology has generated a new trend and experience for consumers to buy various types of liquor and deliver it to their homes. Because of the growing number of online grocery stores, online liquor stores, and online speciality sellers, the demand for e-commerce for alcoholic beverages is growing. Furthermore, The COVID-19 pandemic positively impacts the E-Commerce sector for alcoholic beverages. During the Covid-19 pandemic, premiumization increased considerably as customers explored new ways to recreate similar experiences at home in bars and restaurants. Premiumisation is fueled by product innovation and encouraged by rising levels of affluence and disposable income and a greater desire to try new experiences and ingredients. The online channel has grown significantly in recent times, fueled by the pandemic driving consumer money online and retailers expanding the reach of their online alcohol offers. The Alcohol E-commerce industry is witnessing a massive boost in sales on account of the changing drinking patterns resulting from the COVID-19 pandemic, with consumption shifting from bars and restaurants to homes. The easy availability of an inclusive range of alcoholic beverages on the online platform is a crucial factor expected to propel market growth. Spurred consumption of alcohol increasing internet penetration is expected to positively impact market growth. Moreover, The adoption of smartphones is accelerating at a rapid pace. Introduction of alcoholic ready-to-drink premixes with natural and health-promoting ingredients, elevated preference for easy product delivery is also projected to witness significant growth opportunities during the forecast period. The inclination of companies towards the online platform to gain an easier reach for the customers along with rapid digitalization in various emerging economies is further expected to experience exponential growth during the forecast period. Request for ToC/Proposal: https://www.insightaceanalytic.com/report/global-alcoholic-beverage-e-commerce-platforms-market/1210 Geographically, the North American region is expected to dominate the market over the forecast period due to the increasing e-Commerce liquor platforms and fast adoption of modern technologies. Similarly, the Asia Pacific region is also expected to show the most rapid growth due to the changing lifestyle patterns and increasing online delivery applications. Some of the key players of the Alcoholic Beverage E-Commerce Platforms market are Drizly, Wine.com, Total Wine, Minibar, Fresh Direct, BevMo! Corporation, Safeway, Harris Teetar, Walmart To Go, Delivery.com, Vivino, Thirstie, Danta, Naked Wines, Lot18 , WineAccess , Flaviar , Winc , Saucey, Bright Cellars, City Hive Inc., Handoff, SevenFifty, Bottlecapps, Provi, Peapod, DRINKS, and Other Prominent Players. Key Developments: In Oct 2021, Uber Technologies, Inc. completed the acquisition of Drizly. Through this acquisition, two companies are planning to integrate their complementary delivery apps and services. The acquisition accelerates Uber's efforts to monetize its grocery operations in a similar manner, which is a vital component of making that business model profitable. Drizly has experience selling ad inventory to Consumer Packaged Goods (CPG) companies, ensuring that Uber offers a complete grocery offering (i.e. including alcohol) in almost every major market. In April 2021, Bottlecapps, the fastest-growing full-service e-commerce developer for the beverage alcohol industry, announced the expansion of its offerings with its free alcohol delivery platform, BottleRover. BottleRover is the first of its kind to offer free delivery with zero costs for both the end-users and participating liquor stores. In June 2021, Bright Cellars, an e-commerce wine membership service, announced a partnership with the It Gets Better Project. This partnership intends to raise a glass to individual experiences and continue working toward inclusivity and acceptance among LGBTQ+ young people worldwide. During June, Bright Cellars will donate 50% of proceeds from this campaign to help support the Its Gets Better Project to expand its storytelling initiatives, educational programming, and global affiliate network. Curious about this the full report? @ https://www.insightaceanalytic.com/report/global-alcoholic-beverage-e-commerce-platforms-market/1210 Market Segments Global Alcoholic Beverage E-Commerce Platforms Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Products Wine

Bright Cellars Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Bright Cellars Rank

  • When was Bright Cellars founded?

    Bright Cellars was founded in 2014.

  • Where is Bright Cellars's headquarters?

    Bright Cellars's headquarters is located at 313 N Plankinton Avenue, Milwaukee.

  • What is Bright Cellars's latest funding round?

    Bright Cellars's latest funding round is Seed - III.

  • How much did Bright Cellars raise?

    Bright Cellars raised a total of $24.36M.

  • Who are the investors of Bright Cellars?

    Investors of Bright Cellars include gener8tor, Cleveland Avenue, Revolution Ventures, Northwestern Mutual Capital, CSA Partners and 6 more.

  • Who are Bright Cellars's competitors?

    Competitors of Bright Cellars include Penrose Hill and 1 more.

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