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“Acquisition and Expansion: Full Glass Wine Secures $14M for DTC Market Growth and Bright Cellars Purchase”

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Full Glass Wine, a brand acquisition management startup that specializes in acquiring wine marketplaces, has raised $14 million in a Series A round to continue acquiring DTC (direct-to-consumer) wine marketplaces, aiming to lead the DTC wine market. The deal is Full Glass Wine’s third acquisition in a year and will enable the startup to expand its subscription-based model. DTC wine brands sell wine directly to wine lovers, bypassing traditional distribution channels“By uniting Winc, Wine Insiders, and Bright Cellars, we offer a one-stop shop for all things wine, catering to a wider range of wine drinkers than most traditional retailers, grocers, or single-brand DTC companies,” Neha Kumar, co-founder and COO of Full Glass Wine, told TechCrunch. “However, there are also some misconceptions consumers might have about DTC wine. “We’re looking at a total of at least a few dozen employees now at Full Glass Wine,” Kumar said.