About Plum
Plum is a company based in San Francisco (United States) founded in 2014 by David Koretz. It operates as a Direct-to-Consumer (D2C). Plum has raised $23 million across 3 funding rounds from investors including Khosla Ventures and Las Olas. Plum offers products and services including Plum Wine Preservation Appliance. Plum operates in a competitive market with competitors including Coravin, Free Flow Wines, Vino Vault, Kaelo and D Vine, among others.
- Headquarter San Francisco, United States
- Founders David Koretz
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Wine Plum, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$23 M (USD)
in 3 rounds
-
Latest Funding Round
$10 M (USD), Series B
May 30, 2018
-
Investors
Khosla Ventures
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Plum
Plum offers a comprehensive portfolio of products and services, including Plum Wine Preservation Appliance. 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.
Wine is preserved fresh for up to 90 days.
Unlock access to complete
Unlock access to complete
Unlock access to complete
Funding Insights of Plum
Plum has successfully raised a total of $23M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in May 2018. 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 3
- Last Round Series B — $10.0M
-
First Round
First Round
(16 Jun 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series B - Plum | Valuation | Las Olas |
|
| Jul, 2017 | Amount | Series A - Plum | Valuation | Khosla Ventures | |
| Jun, 2015 | Amount | Seed - Plum | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Plum
Plum has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Khosla Ventures and Las Olas. 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 |
|---|---|---|---|---|
|
Early-stage investments in US tech and life sciences are targeted.
|
Founded Year | Domain | Location | |
|
Early-stage startups are funded by this venture capital firm.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Plum
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Plum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Plum Comparisons
Competitors of Plum
Plum 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 Coravin, Free Flow Wines, Vino Vault, Kaelo and D Vine, 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 |
Wine is accessed from corked bottles without removal or oxidation.
|
|
| domain | founded_year | HQ Location |
Wine tap systems are developed for wine and hospitality industries.
|
|
| domain | founded_year | HQ Location |
An app-based platform is offered for wine preservation and storage.
|
|
| domain | founded_year | HQ Location |
Integrated countertop wine coolers are manufactured for storage and serving.
|
|
| domain | founded_year | HQ Location |
Provides a system for optimal temperature and aeration of wine before tasting.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Plum
Frequently Asked Questions about Plum
When was Plum founded?
Plum was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Plum located?
Plum is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Plum a funded company?
Plum is a funded company, having raised a total of $23M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Jun 16, 2015.
What does Plum do?
Plum is engaged in developing advanced wine preservation appliances. The company operates within the consumer goods sector, specializing in kitchen appliances. Their primary solution, the Plum Wine Preservation Appliance, is designed to keep wine fresh for up to 90 days using smart technology, temperature control, and argon pressure. Features such as a companion app and modern design are integrated to enhance user experience for wine connoisseurs.
Who are the top competitors of Plum?
Plum's top competitors include Coravin, Vino Vault and Free Flow Wines.
What products or services does Plum offer?
Plum offers Plum Wine Preservation Appliance.
Who are Plum's investors?
Plum has 2 investors. Key investors include Khosla Ventures, and Las Olas.