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Fun Wine

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A wine drinks manufacturing company

Miami, United StatesFounded 2010Food
Valuation $50–100M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Fun Wine and the history behind them.

About Fun Wine

Fun Wine, legally The Fun Wine Company, Inc., is a Miami-based beverage company that markets low-alcohol, fruit-flavored wine cocktails. Founded in 2010 by Joe Peleg, the company aims to disrupt the traditional wine industry by making wine more approachable and less formal. Peleg, a Cornell University Hospitality Management graduate with over 25 years of experience in the food and beverage industry, including consulting for airlines and event venues, envisioned a wine product with mass appeal that was both affordable and enjoyable for a wider audience, particularly millennials, as an alternative to beer.

The company's core business revolves around creating and selling ready-to-drink (RTD) wine cocktails. Initially produced in Germany and later in Southern France with premium French grapes, the business model focuses on producing low-ABV (5.5%), low-calorie, and flavorful wines. Revenue is generated through the sale of these beverages, which are distributed in the United States by Republic National Distributing Company and internationally in markets across Asia, Latin America, and Europe. Fun Wine has positioned itself to appeal to health-conscious consumers by using natural flavors and sweetening its drinks with monk fruit, resulting in a product with only 59 calories per glass.

Fun Wine's product line includes unique flavor combinations such as Coconut Chardonnay, Strawberry Rosé Moscato, Peach Passion Moscato, and Sangria. The company has also introduced novel products like coffee-wine hybrids, including Espresso Cabernet™ and Cappuccino Chardonnay™. A key differentiator for the brand is its packaging. The bottle designs, created by Latin Grammy Award-winning graffiti artist Miguel Paredes, are inspired by Miami's vibrant street art and multicultural scene. Fun Wine was also the first to introduce slim cans and a 330 mL aluminum bottle to the wine industry, offering convenience and portability. In a significant marketing move, American singer-songwriter Christina Aguilera joined the company as Chief Culture Officer to help with global expansion and brand expression.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2010
Headquarters
Miami, United States
Employees
4
Open positions
None listed
Dealroom signal
54.5/100
Industry
Food
Sub-industry
Innovative Food
Sector
Food
Business model
Manufacturing
Client focus
b2c
Links
Website

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
CONVERTIBLE✓Equity / VC Jan 2023 $15M — Undisclosed ↗
EARLY VC✓Equity / VC Aug 2022 $10M $40M Undisclosed ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Fun Wine website traffic

Latest recorded traffic for Fun Wine is 1.1K monthly website visits, down 15.4% over the last three months. Fun Wine's team grew 0% over the past year.

Latest monthly visits1.1K 3-month web change-15.4% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Cedarview Capital
  • Avon Road Partners
  • Ross Family Trust
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Miami HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Fun Wine on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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