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Cause-Marketing ONEHOPE Raises $33 Million

  Cause-marketing wine sales company ONEHOPE has raised at least $33 million from at least 44 investors -- most of them individuals. The amount raised puts them in the number 8 position in Wine Industry Insight's wine venture funding series despite the fact that the most recent finding round amount has not been publicly disclosed. 

In addition to its for-profit sales organization, the company has created a federally tax-exempt corporation -- ONEHOPE Foundation -- which says it is serves to pass through charitable donations.  

Wine Executive News Premium subscribers can access a profile from Guidestar, a charity watchdog site as well as links to the foundation's federal tax returns   

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Lot 18 funding: $44.5 million good enough for 6th place in winetech venture funding

Previous Wine Industry Insight/Wine Executive News funding articles

• Lot 18 funding: $44.5 million good enough for 6th place in winetech venture funding

• At $53 million, Drizly places #4 in winetech funding, but #1 in the total number of investors.

• Vivino surfs to online prominence atop a wave of Euro Cash

• Wine.Com’s $140 million funding foundation takes #1 position in WII’s wine venture funding series

• List of top 50 wine business venture fundings + Coravin #1 in total financing

• Chinese wine venture capital investments blow away United States efforts

• Wine industry missing out on investment due to its lack of financial transparency

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