HomeCanadaInVintory Raises $2.3M in Seed Funding

InVintory Raises $2.3M in Seed Funding

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InVintory
3D wine cellar visualization (CNW Group/InVintory)

InVintory, a Toronto, CA-based provider of a wine management platform, raised $2.3M in Seed funding.

Backers were not disclosed.

The company intends to use the funds to launch its 3D technology to businesses, including restaurants, hotels, golf and country clubs, wine storage facilities, and wine clubs. The funds will also be allocate for:

  • Development of advanced hospitality and storage features including real-time inventory tracking, analytics, and custom workflows for managing wine usage during events.
  • Team expansion to recruit talent in product development and sales to accelerate growth.
  • Enhanced marketing efforts to capture market share with new audiences.
  • International expansion to introduce its platform to new markets.

Led by CEO Joshua Daiter, InVintory provides a solution for managing wine collections. With features like AI-powered recommendations, advanced analytics, and 3D cellar models, InVintory has become a tool for wine collectors and hospitality venues seeking to streamline operations. Its platform is designed to enhance both operational efficiency and guest experience for hospitality and wine club clients:

  • Real-Time Inventory Tracking: monitor stock levels in real-time for accurate, up-to-date availability.
  • Customizable Reporting and Analytics: generate insights on sales trends, inventory turnover, and profitability to help facilities make data-driven decisions.
  • 3D Virtual Cellar Visualizations: organize and track inventory across primary cellars and off-site storage locations.
  • Member and Locker Management for Wine Clubs: provide personalized dashboards, member insights, and locker management for a branded experience for wine club members.

FinSMEs

13/11/2024

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