This morning, Frenchweb reported that Le Petit Ballon raised an undisclosed seed round from a group of business angels, including Marc Ménasé, president of Meninvest, and co-chair of France Digitale, the French startup/VC advocacy group. Le Petit Ballon’s service launched in January of this year and offers subscribers two bottles of wine for twenty euros per month. In addition, subscribers can also buy up to 6 more bottles of the month’s wine at “vineyard prices.”
The service has grown 400% since launching in January, and with this round of funding, they will likely be looking to grow even further, likely into international markets. Co-founded by Jean-Michel Deluc, an ex-sommelier with the industry connections to all the greatest chateaux, alongside super sales guy Martin Ohanessian, who has been making his rounds at tech events this year, the company has created a great wine discovery service, providing not only the wine, but also “best practice” advice on the site for wine tasting.
Le Petit Ballon was recently selected for the Viadeo Student Challenge as the startup which dozens of students and hundreds of entrepreneurs/investors will be investigating for the challenge.