InVintory pulled in $2.3 million in seed funding that will enable it to bring its technology for wine collectors to the hospitality and wine storage industries. The funding round saw participation from users alongside angel and strategic investors, according to a statement from the company.
The company offers a mobile and web app that provides users with tools for keeping track of what’s in their wine cellars. The platform has become popular in the private wine collection market, and now InVinitory is working to launch solutions for restaurants, hotels, wine clubs and other businesses with large collections to manage.
InVintory says it has incorporated enterprise features like 3D visualization, real-time inventory tracking and analytics capabilities into its technology to help businesses streamline operations. The company’s new capital will help fund development of other advanced hospitality and storage tools.
InVintory also expects to expand into Europe and other international markets. The company plans to hire new sales and product development staff as well as boost marketing efforts to capture new audiences and support its anticipated growth.
“InVintory was born out of a passion for simplifying wine management, and I’m thrilled to bring that vision to the hospitality and wine storage sectors,” InVintory CEO Joshua Daiter said in a statement. “Our platform enables venues to elevate their wine offerings and deliver exceptional guest experiences, all while maximizing operational efficiency.”
