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Tannico - About the company

Tannico is an acquired company based in Milan (Italy), founded in 2012 by Marco Magnocavallo. It operates as a Retailer of wine, champagne, and related products available for purchase. Tannico has raised $33.9M in funding from investors like Campari Group, P101 and Nuo Capital. The company has 47 active competitors, including 1 funded and 4 that have exited. Its top competitors include companies like Diageo, Bottega and Altamura Distilleries.

Company Details

Retailer of wine, champagne, and related products available for purchase. The business provides a selection of red, white, rosé, and sparkling wines. Organic and natural options are available. The company offers products suitable for various occasions and food pairings. Customer service is available through email.
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Key Metrics
Founded Year
2012
Location
Milan, Italy
Stage
Acquired
Total Funding
$33.9M in 3 rounds
Latest Funding Round
Ranked
Employee Count
59 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Castel Wine International (Oct 08, 2025)

Tannico's acquisition details

Tannico got acquired by Castel Wine International on Oct 08, 2025.
Click here to take a look at Tannico's acquisition in detail
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Tannico's funding and investors

Tannico has raised a total funding of $33.9M over 3 rounds. Its first funding round was on Oct 04, 2016. Its latest funding round was a Series B round on Jun 05, 2020 for $*****. 1 investor participated in its latest round. Tannico has 5 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Tannico:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 05, 2020
5759843
Series B
6627116
7754231
7920501
3577186
Apr 09, 2018
8007433
Series A
6699261
7786718
9610395
5657426
Oct 04, 2016
4421577
Series A
6978621
2353299
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Tannico's founders and board of directors

Founder? Claim Profile
The founders of Tannico is Marco Magnocavallo.
Here are the details of Tannico's key team members:

Tannico's employee count trend

Tannico has 59 employees as of Sep 26. Here is Tannico's employee count trend over the years:
Employee count trend for Tannico
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Tannico's Competitors and alternates

Top competitors of Tannico include Diageo, Bottega and Altamura Distilleries. Here is the list of Top 10 competitors of Tannico, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Diageo
Diageo
1886, London (United Kingdom), Public
Multi-category alcoholic beverage company
-
65/100
2nd
Logo for Tannico
Tannico
2012, Milan (Italy), Acquired
Retailer of wine, champagne, and related products available for purchase
$33.9M
48/100
3rd
Logo for Bottega
Bottega
1977, Gaiarine (Italy), Unfunded
Multi-category alcoholic beverages company
-
-
38/100
4th
Logo for Altamura Distilleries
Altamura Distilleries
2021, Ostuni (Italy), Unfunded
Brand of cocktails, vodka and gin
-
-
35/100
5th
Logo for Peroni Nastro Azzurro
Peroni Nastro Azzurro
1846, Vigevano (Italy), Unfunded
Brand of beers
-
-
26/100
6th
Logo for JERMANN
JERMANN
1881, Gorizia (Italy), Acquired
Brand of wines and spirits
-
-
25/100
7th
Logo for Pallini Spa
Pallini Spa
1875, Italy, Unfunded
Manufacturer of liqueurs and syrups with distribution in multiple countries
-
-
25/100
8th
Logo for Mixer
Mixer
1990, Argelato (Italy), Acquired
Brand of cocktails
-
-
23/100
9th
Logo for dame-cocktail
dame-cocktail
2021, Milan (Italy), Funding Raised
Brand of liqueur and spirits
-
23/100
10th
Logo for Italian Wine Group
Italian Wine Group
1986, Bardolino (Italy), Unfunded
Provider of Italian wines from owned vineyards and historical cellars
-
-
22/100
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Tannico's Investments and acquisitions

Tannico has made no investments or acquisitions yet.

Reports related to Tannico

Here is the latest report on Tannico's sector:

News related to Tannico

Media has covered Tannico for 1 event in last 1 year.
•
•
•
Tannico Raises €2.5M in FundingFinSMEs•Apr 09, 2018•Tannico, Nuo Capital
•
Wine retailer Tannico “quaffs” €3.8M Series ATechCrunch+•Oct 04, 2016•Tannico, P101
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