WineFi secures strategic investment from Coterie Holdings
Coterie Holdings backs the fintech platform as Michael Saunders joins the board.
WineFi is a data-driven investment platform that helps individuals and family offices build diversified fine wine portfolios. The company brings traditional asset management standards and transparent pricing to a historically fragmented market.
WineFi has secured a strategic investment from Coterie Holdings, a prominent UK fine wine group. The partnership will support the fintech platform as it continues to scale its operations in the wine investment market.
This follows WineFi's earlier pre-seed funding round led by SFC Capital, which included backing from Founders Capital and notable angel investors such as Jerry Buhlmann. Michael Saunders, CEO of Coterie Holdings, will also join the board of directors as part of the agreement.
From the founder
"Coterie is the most ambitious and forward-thinking business in the wine trade right now. As a young business with big plans, we are thrilled to be able to leverage their deep expertise and infrastructure as we continue to aggressively scale"
Callum Woodcock
Founder and CEO at WineFi
Investor perspective
"WineFi has swiftly demonstrated its prowess in attracting a historically untapped demographic to the world of fine wine. As we move ahead, we look forward to exploring how Coterie’s network and ecosystem can further support WineFi’s mission and bring more emerging fine wine lovers onto this intuitive and user-friendly platform to grow their collections."
Michael Saunders
CEO, Coterie Holdings