Yahyn

Yahyn

Direct-To-Consumer Wine Marketplace

Print
Security Type
Common Stock
Categories
Retail
Min Investment
$100
Location
Manchester, NH
Offering Date
August 02, 2020
Expected Close Date
November 01, 2021
Target Raise
$10.00K-$1.07M
Security Price
$44.38
Valuation
$10,000,000

Company Description

Yahyn is the only direct-to-consumer wine marketplace offering instant access to wineries, on-demand sommelier services, and precise AI wine recommendations based on a “Y-Score” defined by a user’s unique palate. Yahyn is disrupting the way wine is purchased, distributed, and consumed. For consumers, you can now purchase from the world’s largest inventory of wine with Amazon-like convenience and have it shipped right to your door. For sellers, Yahyn provides a quick and simple way to legally sell wine that is fully compliant and integrated into an ecommerce experience: Think Amazon (when it sold only books), if it were built specifically for the heavily regulated wine industry. Yahyn’s platform serves as an inexpensive line of distribution that most sellers would not have access to on their own.

Key Deal Facts

Most sales for premium wines and alcohols are generally either through local, brick & mortar shops with limited supply or online through only a handful of major e-commerce retailers.
Online sales for premium alcohol is currently growing at a 5 year compound rate of 11.6%, versus in store purchase growth for the same period of 2.7% as consumers move towards more digital transactions.
78% of wines are purchased based on the label and name. With thousands of brands, consumer confusion is common.
Consumers of premium wines are typically a highly retargetable market base as demonstrated by significant brand loyalty in the luxury space.

Management Team / Advisory Board Bios

Pierre Rogers, Founder & CEO
Youngest SVP at Columbia Management (Asset Management arm Bank of America) before airlifting sales and distribution team to Prudential Asset Manager. Rogers is a serial entrepreneur, having started and/or sat as a board advisor on 4 previous companies with Head of Business Development, Intermediary Distribution, and Alternative Asset manager prior to founding PuroTrader.

Joshua Leavitt, Co-founder & CFO
Leavitt is a serial entrepreneur who most recently served as SVP of finance and operations in the development of Alumni Ventures Groups back end systems, facilitating its hyper growth phase. Previously he served as a lead auditor and tax accountant for Rowley and Associates, a mid-market corporate CPA firm and Corporate Analyst for Performance Sports Group.
Amount Raised : $0
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Common stock is a security that represents ownership in a corporation.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments