Vinfolio Ranked 5th Fastest Growing Private Company in Bay Area
Acknowledged in The San Francisco Business Times annual list
San Francisco, CA, October 19, 2007 -
Vinfolio (www.vinfolio.com), a San Francisco-based premier online wine store and collector services company, was ranked 5th in the The San Francisco Business Times 16th annual list of the Top 100 Fastest Growing Private Companies in the Bay Area. The full list appears today in a special release of the The San Francisco Business Times.
Since its founding in 2003 by Stephen Bachmann, Vinfolio has experienced exponential growth in sales from its online wine store and collector services. From 2004 to 2006, revenues more than quadrupled from $900,000 to $5.6 million and are projected to triple in 2007 over 2006.
"Vinfolio offers over 2,000 compelling wine selections drawn from top producers and private collections at competitive prices," said Bachmann. "And with our focus on delivering 'finer service', we have a winning value proposition."
With the support of Price Waterhouse Coopers, The San Francisco Business Times reviewed over 2,000 Bay Area companies to compile the final list. All companies had to have been headquartered in the Bay Area, privately held between 2004 and 2006 and revenues of over $200,000 in 2004. The average growth rate from 2004 to 2006 of the top 100 private companies was forty-seven percent.
Based in San Francisco, Vinfolio (www.vinfolio.com) sells fine wine and services to wine collectors and enthusiasts. Its guiding principle is "Fine wine, finer service," demonstrating Vinfolio's unparalleled level of personalized customer service and collector services. From an extensive selection of over 2,000 wines to VinCellar™, its free online cellar management software, to collector services (including on-site inventorying and full-service storage), Vinfolio delivers "Fine wine, finer service". Vinfolio was founded in 2003 by CEO Stephen J. Bachmann, who incorporated his expertise in technology and finance with his passion for wine. For more information on Vinfolio visit www.vinfolio.com.
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