Le Petit Ballon has secured €1 million in funding from Wonderbox to support its expansion across Europe in the rapidly growing online wine subscription market.
Information on the Target
Le Petit Ballon is a groundbreaking French company, established in 2011 by Martin Ohannessian, Matthieu Lesne, and Jean-Michel Deluc, a former head sommelier at the Ritz. The company specializes in online wine subscriptions and has rapidly attracted over 10,000 subscribers in less than three years, showcasing its strong market presence and unique expertise in the field.
As a pioneer in online wine subscriptions, Le Petit Ballon has experienced remarkable growth, surpassing 200% annually in recent years. This impressive performance positions the company favorably in the competitive landscape of the wine market, driving the need for further expansion and development.
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Industry Overview in France
The wine subscription industry in France has seen significant evolution over recent years, driven by changing consumer preferences and advancements in e-commerce. As wine
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Transaction Size: $1M