Source4Style Raises $500K in Series A Financing
Source4Style, a NYC-based online B2B marketplace that connects designers to a community of inspirational materials suppliers, has raised $500k in Series A financing.
Backers include Golden Seeds, Landis Capital and Great Oaks Capital.
The company intends to use the funding for technology builds, including enhancement of search and reviews, as well as for marketing efforts.
Source4Style, which is currently focused on textiles, will soon expand to include suppliers of other materials including yarns, lace, and trim. Founded in 2009 by CEO Benita Singh and Summer Rayne Oakes, the company has acquired designers from 76 countries and showcases suppliers from 26 countries.