Matt quickly discovered that he was able to acquire Vinebox customers profitably via paid social campaigns.
To prepare for Q4, he wanted to boost his marketing budget. Using Clearbanc’s growth capital, he was able to grow Vinebox’s revenue 595% over the most competitive time of the year for ecommerce.
Vinebox used Clearbanc's growth capital to fund their Q4 FB, Instagram and Pinterest ad campaigns.
Vinebox successfully positioned itself to take advantage of the busiest online shopping period of the year.
Vinebox got such a high return on investment that it was able to secure a $5.9M series A (double the expected valuation).