Tannico
Wine retailer that uses big data and AI to personalise recommendations.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 1.3x EV/Revenue | round | |
| investor | €0.0 | round | |
* | $50.0m Valuation: $50.0m 0.7x EV/Revenue -18.6x EV/EBITDA | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 100 % | - | 78 % | 47 % | 32 % | (7 %) | (6 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | - | (6 %) | (4 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | - | (11 %) | (11 %) | (17 %) | (40 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Tannico S.p.A. operates as a specialized e-commerce platform focused on the online retail of wine and spirits. Founded in 2012 by Marco Magnocavallo, the company has established a significant presence in the digital beverage market, targeting both individual consumers and corporate clients within the Ho.Re.Ca (Hotels, Restaurants, and Catering) sector. The business model is centered on direct-to-consumer sales, generating revenue by selling a curated selection of wines and spirits through its online portal. This model also incorporates a B2B segment, supplying products to professional clients.
The platform's core offering is its extensive catalog, which features over 15,000 labels from approximately 2,500 wineries. This vast selection ranges from well-known brands to niche producers, providing consumers with a broad spectrum of choices. Tannico's value proposition is enhanced by its logistics and delivery services. The company manages its own specialized, temperature-controlled warehouse, ensuring wine is stored under optimal conditions. It provides same-day delivery in Milan and offers 24/48-hour delivery across Italy, along with international shipping to over 20 countries. This logistical capability represents a key operational strength.
A significant milestone in the company's history occurred in 2020 when Campari Group acquired a 49% stake in Tannico for €23.4 million, signaling a strong valuation and strategic interest from a major industry player. This partnership was later expanded in July 2021 when Moët Hennessy, the wine and spirits division of LVMH, joined Campari Group in a joint venture to invest further in the platform. This collaboration aimed to build a premium pan-European e-commerce player in the wine and spirits category. The founders' vision was to simplify the wine purchasing process, making a wide variety of quality wines accessible to a broader audience through a user-friendly digital interface. Marco Magnocavallo, with his previous experience in digital ventures, identified the opportunity to modernize the traditionally fragmented wine retail market in Italy.
Keywords: wine e-commerce, online spirits retail, beverage sales, direct-to-consumer, Italian wine, alcohol delivery, wine marketplace, Ho.Re.Ca supply, digital wine, beverage logistics
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Investments by Tannico
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