The Drop, a London, UK-based fashion tech startup, raised £500k in seed funding.
The round was led by Sir John Hegarty’s The Garage Soho, with participation from Paddy Byng.
The company intends to use the funds to expand operations and its business reach.
Founded in 2016 by Jonathan Kruger and Stephen Stroud, The Drop is an online company that makes menswear on demand. Custom suits and consultations are carried out via an online chat and all their suits are made on demand according to people’s measurements.