Sewport, the online style production marketplace, raises ₤ 650,000.

Sewport, an online fashion marketplace that intends to link emerging and developed designer and brand names with producers worldwide, has raised ₤ 650,000 to money its future development.

The business was established just under a year ago by Latvian business owner Boris Hodackel and has currently drawn in more than 500 producers and suppliers, as well as more than 4,000 brand names globally. Hodakel started the business after dealing with high-end high fashion brands and understanding there was a space in the market for a “one-stop-shop” making marketplace for both recognized brand names and new designers.It has raised the cash from endeavor capital fund< a href=https://www.fuel.ventures target=_ blank rel=noopener > Fuel Ventures and will be investing it in staff, marketing and growth. The company is looking to work with staff member to assist with technical advancement and customer success, along with create complimentary and openly available instructional product for emerging brands.Around 90%of the platform’s current users are from the UK and the United States and it is aiming to extend its reach to other nations, with a particular concentrate on Europe. It states its mission is to provide individuals all over the world a possibility to turn their visions into real-life items, whether they’re a full-time designer at a big brand name, or someone with an idea for an item they can’t discover on the high street.Hodakel said:”When we began a little bit more than 10 months ago our mission was to give everybody, whether they’re the CEO of Gucci, or a trainee in Bristol, an opportunity to produce precisely what they desired, and that hasn’t altered. We have actually got thousands of designers all around the world utilizing Sewport to discover the best producers for them, and with this financial investment we’re wishing to give much more individuals an opportunity to become fashion designers.”

“We started this company due to the fact that there are countless people out there who are continuously searching for items and products of clothing that they need, but simply can’t find. Whether it be maternity lingerie or tailored clothing for different sized people– we give everybody a possibility to produce anything they desire in the easiest way possible. Among our most significant objectives is to make the fashion and style world available to the masses, along with to assist inform emerging brand names,” he added.Fuel Ventures specialises in supplying seed financing to early stage innovation business. As moneying it offers entrepreneurs with knowledge and insights in business development, marketing and brand-building through its experience of building, scaling and exiting worldwide business.

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