Alternative investment company Vint has closed $5 million in seed funding to expand.
The round was led by Menlo Park, California’s Montage Ventures and included participation from MS&AD Ventures, also of Menlo Park, San Francisco’s Goat Rodeo Capital, New York City’s Great Oaks Venture Capital, Sunnyvale, California’s Plug and Play Tech Center Ventures, San Francisco’s Fiat Ventures, New York City’s irrvrntVC and Portola Valley, California’s Western Technology Investment.
Richmond-based Vint, which helps small investors participate in investments in the wine and spirits category, had previously raised an initial $1.7 million pre-seed round in October 2021, and co-founder and CEO Nick King said the venture capital community expressed a desire for a larger investment.
“People had reached out to us,” King said. “They were interested. We decided to access that capital to continue to accelerate the growth. We had made some strong milestones, and there seemed to be the…
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