Summary
Velvet Palate
Founded in 2012
Description
Headquartered inNew York City,Velvet Palate is a privately-held company dedicated to providing its members an online wine shopping experience. The company offers limited time-based wine sale events of small production artisanal wines.\r\nVelvet Palate brings those great wines from small to medium-sized producers direct to the consumer; the company offers a comprehensive wine experience tailored to developing the consumer's knowledge about wines, food pairing and table setting selections the team at Velvet Palate uses over100 descriptors for the tasting notes, food pairing and table suggestionstosatisfyits members' wine preferences.\r\n\r\nThe company has a team of qualified experienced wine tasters, and one of its services it offers is the virtual sommelier. As a member you are free to ask questions about your wine preferences within 24 hours the companys in-house sommelier will respond with a wonderful wine solution. \r\n\r\nVelvet Palate runs sales events every six days, but this may change in the future and equally depends on the quantities of the featured wines. Most offers are unique and are rarely repeated. With direct access to small to mid-sized wineriesboth domestic and importedcombined with optimized logistics, the company is able to offersignificant savings to its members.\r\n\r\nFurther, there is no fee associated with joining Velvet Palate.
Strengths
- Velvet Palate has a strong market share in their industry
- Revenue generated per employee is greater than industry average
- Since Velvet Palate was founded, the company has grown faster than the industry average
Annual Revenue
Velvet Palate's annual revenue
$5000000
Based on Kona Equity data
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Revenue per employee
$200000
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Annual revenue growth since founding
$500000
Employee Count
25 employees
G Score - 3
The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.
- G1 Revenue is greater than the industry median.
- G2 Income per employee more than industry average.
- G6 Annual revenue growth since founding is higher than the industry average.
Location
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Similar Companies
Key Information
- Name: Velvet Palate
- Category: Computer software
- Industry: American Restaurant
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Firmographic data G Score of 3 Founded in 2012
Frequently Asked Questions
Velvet Palate's headquarters are located at 30 Broad St. New York City, NY 10004.
Velvet Palate's official website is velvetpalate.com
Velvet Palate's annual revenue is $5.0 M.
Velvet Palate has 25 employees
Velvet Palate is in the industry of Computer software.