Cavacave

Cavacave, operating under the legal entity WINE PROJECT S.A.S., was established in June 2013 to enhance liquidity in the international market for exceptional French wines. The company was founded by Stéphane Deubel, whose entrepreneurial journey spans from managing a qualitative research firm in Paris to exploring the burgeoning internet landscape in Montreal and later directing European marketing for a price comparison group. This diverse background, coupled with a passion for wine, led to the creation of Cavacave, a platform designed to be international, user-friendly, and efficient.

The firm's core business revolves around connecting wine enthusiasts and collectors through a secure online environment. It primarily operates as a brokerage for fine wine auctions, allowing private owners to sell their bottles without them leaving their cellars until a transaction is complete. This C2C and C2B marketplace model significantly reduces overhead and intermediary commissions, which are often around 30% in traditional auction houses. Cavacave's revenue is generated through a commission structure; it takes a 17% buyer's premium on auction transactions. Previously, it was reported to charge a 6% commission to both buyer and seller on its marketplace and 7.5% for auctions.

In addition to its auction platform, Cavacave extends its services to high-value investment consulting through Cavacav'Invest, launched in May 2015. This service caters to investors looking to diversify their portfolios with fine wine, providing expert advice on bottle selection, portfolio management, and eventual resale. The company also offers practical solutions like professional wine storage in temperature and humidity-controlled warehouses to ensure the provenance and conservation of the wines. Clients can easily request a free, no-obligation valuation of their wine collection by submitting a list to the company's experts.

Keywords: fine wine auctions, wine brokerage, wine collecting, online wine marketplace, C2C wine sales, wine investment, cellar management, rare wines, exceptional spirits, wine valuation, wine portfolio, French wine market, collector wines, wine auction commission, secure wine transactions, wine storage solutions, wine asset management, online bidding, wine provenance