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Vinovest

5.0

(2 Reviews)

Wine

Build a personalized wine portfolio with AI + human experts

Snapshot

Open to All Investors

Wine

+93.40%

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24+ Employees

With experience across data science, operations, and software engineering

10%-25%

Target Return

Wine & Spirits have outpaced the S&P 500 over the last 20 years

Moderate

Liquidity

Sell wines whenever you want on the Vinovest Marketplace

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24+ Employees

With experience across data science, operations, and software engineering

How You Earn

Growth

Invest From

$1K

Invest in

Fine Wine

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24+ Employees

With experience across data science, operations, and software engineering

Open to All Investors

Top Perks

Fine Wine returned 50.8% over the past 5 years, outperforming S&P 500, Gold and most other alternative assets.

Wine is a historically stable and non-correlated asset class.

Build a personalized wine portfolio based on your risk tolerance and time horizon.

Sell wines whenever you want or even ship wine bottles to your home.

Can I trust Vinovest?

Vinovest is backed by leading VC firms like 10X Capital, Rainfall Ventures and UpHonest Capital

150K

# of Investors

$16M

Amount Raised

1,800+

Offerings

# of Investors

150K

Amount Raised

$16M

Offerings

1,800+

150K

# of Investors

$16M

Amount Raised

1,800+

Offerings

Overview

The global wine market is valued at around $340 billion. According to the Liv-ex, Fine Wine has outperformed traditional markets like stocks during the Dotcom Bubble, the Great Recession of 2008, and the COVID-19 recession.
 

Vinovest is a California-based company that lets you build a personalized portfolio of investment-grade wines. Vinovest uses a combination of master sommeliers and AI algorithms to identify and purchase wine at competitive prices. You can have your pick of more than 100 different kinds of investment-grade wines on the Vinovest Marketplace.
 

Unlike other competitors, when you buy a case of wine on Vinovest—it’s yours. The company will custody, store, and insure your wine. But it’s up to you if you’d like to sell it, buy more, or have it all shipped to your house.
 

Vinovest was founded in 2019 to democratize fine wine investing. The company now has more than 20 employees and $100M in assets under management.

High Growth

49.5% returns over the last 5 years

Low Correlation

0.73 correlation to the S&P 500

Equity

Ownership of investment-grade wines

Pros & Cons

The Good
  • Vinovest takes your risk tolerance into consideration while building your portfolio.

  • Investors are able to sell their wines or ship it to their homes whenever they like.

  • Vinovest manages the sourcing, custody, storage, and insurance for you.

  • Vinovest notifies you when it’s time to sell your wine.

The Not-So-Good
  • Fees are higher than other wine investment platforms, ranging from 2.25% to 2.80%.

  • Vinovest charges investors a 3% penalty for selling their wines within three years of purchase.

  • It can take up to 90 days (average is 4-6 weeks) to sell your wines on Vinovest’s secondary market

Vinovest Track Record

360,000

Bottles Managed

From users across 44 countries

Up to 20%

Targeted Returns

Wines picked for maximized returns

$100M

AUM

From 1,847 premium wines

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Returns Calculator

Calculate how much you can earn by investing in Fine Wine. Results vary based on the investment amount, term, and other conditions.

$
%
years
$
Frequency
Monthly

Invested

$7,000

Projected Fees

$305.82

Projected return

$3,067.94

Value after fees

$10,067.94

How it Works

Here’s how Vinovest helps you build a personalized portfolio of investment-grade wines.

Here’s how Vinovest helps you build a personalized portfolio of investment-grade wines.

1

You tell Vinovest your goals

Fund your account and complete a 1-minute questionnaire that Vinovest uses to build a wine portfolio based on your risk tolerance and time horizon.

2

Vinovest sources your wine

Vinovest uses master sommeliers and AI algorithms to source world-class wines from around the world. This process can take between 2 to 3 weeks.

3

Vinovest custodies your wine

Vinovest purchases wine on your behalf at competitive prices, and also takes care of insurance and storage.

4

You hold your wine & sell whenever you like

Vinovest notifies you when it’s the best time to sell. But since you fully own all the wines in your portfolio, you can sell bottles on the Vinovest Marketplace at any time.

See inside MoneyMade’s 6-figure multi-asset portfolio

6-Figures

12+ Assets

50+ Platforms

4yr+ Returns

How You
Make Money

Two main factors drive returns in the fine wine market: maturity and scarcity.

Most investment-grade wine takes 10 to 15 years to mature. And as people drink their wine, the remaining bottles of a given vintage become rarer and more expensive.

Vinovest will notify users when it identifies the best time to sell the wines in their portfolio to maximize returns.

Alternatively, users can sell their wines on the Vinovest Marketplace at any time. There are no extra commissions when you sell your wine. However, Vinovest does charge a 3% early liquidation penalty if you sell within 3 years of the initial wine purchase.

Primary sale

Vinovest notifies you when it’s time to sell

Secondary sale

You sell your wine on secondary market

How Vinovest
Makes Money

To authenticate, store and insure your wine portfolio, Vinovest charges an annual management fee between 2.25% to 2.85%. The exact fee is determined by the amount you invest on Vinovest. The higher your account balance, the lower the management fee.

2.25 - 2.80%

Fee Per Year

Users who invest a higher amount pay lower management fees.

0%

Commission

Vinovest does not take a commission on the sale of your wines.

How You’re Taxed

Fine Wine is considered a wasting asset in countries like the United Kingdom, Hong Kong, Singapore, Germany, France, and Austria, and does not incur any capital gains tax.

In the United States, however, gains from buying and selling wine are subject to collectibles taxes. Collectibles held for over one year are subject to long-term capital gains taxes, which are capped at 28%. Collectibles held for less than one year are taxed as ordinary income (up to 37%).

0-28%

Capital Gains

Vinovest investors benefit from paying long-term cap gains taxes

Meet the Team

Vinovest has 24 employees, including a Thiel Fellow and alums from ByteDance (owner of TikTok), and other venture-backed companies. Anthony Zhang is the co-founder and CEO of Vinovest. Prior to starting Vinovest with Brent Akamine, Zhang founded and sold two companies, EnvoyNow and KnowYourVC.

Vinovest

5.0

(2 Reviews)

Wine

Requirements

US and non-US residents
Non-accredited and accredited investors
Over 21 years of age
US and non-US residents
Non-accredited and accredited investors
Over 21 years of age

Reviews

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