Delectable Raises $3 Million in Series A Funding; Leverages Big Data Technology to Innovate the Wine Industry

Deep Fork Capital, DN Capital and Ceyuan Ventures Lead Investment, with Participation by Angel Investors David Sacks, Max Levchin, Joe Lonsdale, and Gary Vaynerchuk

SAN FRANCISCO--()--Delectable, whose leading mobile app is innovating the way consumers learn about, discover and buy wine, today announced it has raised a $3 million Series A round of funding led by Deep Fork Capital, early investors in Trulia and Oodle, DN Capital and Ceyuan Ventures. Notable investors David Sacks, Max Levchin, Joe Lonsdale, and Gary Vaynerchuk are also participating in the round. Delectable will use this cash infusion to grow the engineering team and technologies necessary to disrupt the $300 billion wine industry.

“It’s not enough for us to be the best and most popular wine app–-we want to reinvent the way people learn about, discover and purchase wine,” noted Delectable Founder and CEO Alex Fishman. “Building the data set of every wine and ensuring highly accurate label recognition are just the beginning of enormous challenges we are addressing. This round of funding enables us to continue building the most talented team of engineers to ever work in this space.”

Delectable continues to attract millions of users and has received extensive critical acclaim including 5 coveted App Store features for its trailblazing combination of accurate data and extensive community reviews. The go-to source for credible, engaging information and insights on wine, Delectable’s user-friendly app allows wine lovers to:

  • Get accurate identification and information on any bottle of wine from a single digital photo. (Delectable’s database contains over 2 million wines from around the world)
  • Catalog and share wines with friends and followers.
  • Discover new wines and get recommendations from the world’s top wine professionals.
  • Purchase wines directly from the app.

About Delectable

Founded in 2011, Delectable is a leading mobile app that is innovating the way consumers learn about, discover and buy wine. Delectable boasts the world’s most complete dataset for over 2 million wines and an engaged community, including wine’s leading tastemakers. The company is funded by Deep Fork Capital, DN Capital, Ceyuan Ventures and angel investors David Sacks, Max Levchin, Joe Lonsdale, and Gary Vaynerchuk. For more information, visit the Delectable website, or download the app on iTunes. Delectable is based in San Francisco, CA.

Contacts

Radiate PR
Laurie Thornton, 650-743-6487
laurie@radiatepr.com

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Contacts

Radiate PR
Laurie Thornton, 650-743-6487
laurie@radiatepr.com