Laced, a London, UK-based online marketplace for authentic sneakers, raised $12M in Series A funding.
The round was led by Talis Capital, with participation from H&M Group Ventures, the investment arm of H&M Group, BY Venture Partners, Truesight Ventures as well as a number of prominent angel investors, including Bart Swanson (current board member at Impossible Foods, and previously at Zoom) and Eric Archambeau (Co-Founder of Astanor Ventures).
The company intends to use the funds to further expand and develop its technology and product offering.
Founded in 2018 by CEO Chris Gibbons, Laced connects buyers and sellers of sneakers and luxury goods, providing a secure service for collectors and enthusiasts. The company offers authentication of goods, same-day order processing, seven-day-a-week deliveries and same-day-as-sale payouts as standard. The marketplace is anonymous, with the identities of buyers and sellers never revealed.
The team is also comprised of Chief Technical Officer Chris Conolly, Head of Product Design Doran Black, and Chief of Staff Gareth Olyott.
FinSMEs
24/05/2023