Company Overview
Snapshot
Founded in December 2017 by Jacob Ner David and Gil PICOVSKY, Vinsent operated with 1–10 employees. The company raised $2.2 million across two funding rounds from two investors, reaching the Seed stage. In May 2023, Vinsent ceased operations.
Business overview
Vinsent developed a blockchain-based platform designed to connect wineries directly with consumers, streamlining funding through the sale of wine futures. The platform aimed to revolutionize the wine industry by enabling direct-to-consumer sales and providing tools for wineries to engage with customers. Vinsent operated within the Retail Platforms sector, focusing on goods, and utilized mobile, web, and DLT & Blockchain technologies to serve the food retail & consumption and commerce & retail markets, specifically targeting direct-to-consumer and eCommerce platforms.
Log in to access full profile ›Company Intelligence Q&A
- What was Vinsent's operational status?
- Vinsent ceased to operate in May 2023.
- When was Vinsent founded and by whom?
- Vinsent was founded in December 2017 by Jacob Ner David and Gil PICOVSKY.
- What was the total capital raised by Vinsent?
- Vinsent raised a total of $2.2 million across two funding rounds.
- How did Vinsent leverage blockchain technology?
- In July 2019, Vinsent combined wine futures with blockchain technology to ensure authenticity, enable cryptocurrency purchases, and allow wineries to sell directly to consumers. The platform also aimed to use blockchain to combat wine fraud.
- What was the strategic focus of Vinsent's platform?
- Vinsent's platform focused on enabling thousands of wineries to streamline funding by selling wine futures and developing direct connections with their customers, aiming to eliminate middlemen and offer discounted prices.