Venture Capital
Los Angeles Technology Startup DRINKS Raises $15 M in Series B to Develop & Scale Wine Ship-to-Home Platform LOS ANGELES, September 7, 2018-- DRINKS, owner and operator of popular direct-to-consumer properties Martha Stewart Wine Co. and Wine Insiders, today announced it had raised $15 million in a Series B capital round, bringing its total funding to approximately $25 million. Led by Beverly Pacific, with participation from Shea Ventures, DRINKS will use these new funds to scale its unique ship-to-home platform that enables online and brick-and-mortar retailers to market wine directly to consumers in up to 41 states.