Vint, a wine investing startup co-founded by Nick King and Patrick Sanders in 2019, is ceasing operations after struggling for profitability despite a capital raise of $5 million earlier this year. The company informed its customers about the shutdown and the sale of its assets in a recent email, although it did not specify the reasons behind the closure.
As part of its wind-down strategy, Vint has engaged G2 Capital, an investment banking firm, and SimpleClosure, a business dissolution company, to facilitate the asset sale process. The email noted that representatives from these firms would contact investors regarding timelines and distribution details.
Since launching its service to investors in May 2021, Vint had aimed to provide an online platform for purchasing shares in wine collections, promoting itself as an alternative asset investment. However, filings revealed a net loss of approximately $890,000 in 2025, indicating ongoing financial difficulties.