About Lot18
Lot18 is a company based in New York (United States) founded in 2010. It operates as a Subscription, and D2C. Lot18 has raised $48.15 million across 5 funding rounds from investors including Accel, FirstMark and NEA. The company has 23 employees as of September 30, 2013. Lot18 has completed 3 acquisitions, including CustomVine, Tasting Room and Vinobest. Lot18 offers products and services including Wine Subscription and WinePrint. Lot18 operates in a competitive market with competitors including Drizly, Vivino, Bright Cellars, Minibar Delivery and Winc, among others.
- Headquarter New York, United States
- Employees 23 as on 30 Sep, 2013
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Sectors
RetailConsumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name L18 Holdings, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$48.15 M (USD)
in 5 rounds
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Latest Funding Round
$33.65 M (USD), Series C
Nov 04, 2011
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Investors
Accel
& 4 more
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Employee Count
23
as on Sep 30, 2013
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Investments & Acquisitions
CustomVine
& 2 more
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Products & Services of Lot18
Lot18 offers a comprehensive portfolio of products and services, including Wine Subscription and WinePrint. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers personalized wines based on user taste profiles.
Helps users refine wine preferences through ratings and recommendations.
Funding Insights of Lot18
Lot18 has successfully raised a total of $48.15M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $33.65 million completed in November 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $33.7M
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First Round
First Round
(07 Jun 2010)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2011 | Amount | Series C - Lot18 | Valuation | Accel | |
| Aug, 2011 | Amount | Angel Round - Lot18 | Valuation | Marc Lore , Vinit Bharara |
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| May, 2011 | Amount | Series B - Lot18 | Valuation | New Enterprise Associates |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lot18
Lot18 has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Accel, FirstMark and NEA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested in tech startups across sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lot18
Lot18 has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CustomVine, Tasting Room and Vinobest. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Limited information available
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2013 | ||||
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Alcoholic beverages are retailed online by Vinobest.
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2010 | ||||
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Personalized wine subscriptions are delivered based on user taste profiles.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lot18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lot18 Comparisons
Competitors of Lot18
Lot18 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Drizly, Vivino, Bright Cellars, Minibar Delivery and Winc, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand alcohol delivery is enabled via a mobile application.
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| domain | founded_year | HQ Location |
Online community platform for wine enthusiasts
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| domain | founded_year | HQ Location |
Wine subscriptions are offered online with personalized recommendations.
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| domain | founded_year | HQ Location |
Mobile-first On-Demand Alcohol Delivery
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| domain | founded_year | HQ Location |
Wine delivery services are provided via an online platform.
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| domain | founded_year | HQ Location |
Curated wines are sold at discounts through private membership access.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lot18
Frequently Asked Questions about Lot18
When was Lot18 founded?
Lot18 was founded in 2010.
Where is Lot18 located?
Lot18 is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Lot18 a funded company?
Lot18 is a funded company, having raised a total of $48.15M across 5 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Jun 07, 2010.
How many employees does Lot18 have?
As of Sep 30, 2013, the latest employee count at Lot18 is 23.
What does Lot18 do?
Firstleaf operates as a wine subscription service, allowing users to answer questions about their preferences to receive customized wine selections delivered directly to their door. Based in the United States, particularly Napa County and Washington state, it partners with global wineries. The service includes tasting cards, a newsletter, and a satisfaction guarantee for risk-free exploration. Members can rate wines to refine their profiles, ensuring ongoing personalization without long-term commitments.
Who are the top competitors of Lot18?
Lot18's top competitors include Drizly, Vivino and WineAccess.
What products or services does Lot18 offer?
Lot18 offers Wine Subscription and WinePrint.
How many acquisitions has Lot18 made?
Lot18 has made 3 acquisitions, including CustomVine, Tasting Room, and Vinobest.