Nov 21, 2016
SevenFifty is the online platform for the wholesale wine and spirits industry. The company's technology platform offers a robust and real-time database that standardizes disparate data sets and provides educational information on a wide variety of wines and spirits including product details like age and region, labels, and more.
The startup has already raised $8.5M in funding to power the wholesale alcohol supply chain.
Today over 700 distributors across 30 states are present on the SevenFifty platform, representing roughly $20B in combined annual sales. Additionally, over 30,000 buyers are sourcing wines and spirits through SevenFifty, ranging from small and local bars and retail locations, to fine dining restaurants, restaurant chains, and large retailers.
I invited SevenFifty CEO Aaron Sherman onto the show to learn how tech is improving this age old industry.