jbrds, a Baltimore, MD-based children footwear brand, raised $500K in Seed funding, at a $5M valuation.
The backers were not disclosed.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Mike Gugat, CPO Dr. Jay LeBow, and David Hirshfeld, jbrds is a footwear startup for infants, toddlers and kids. It is creating footwear with its introductory shoe, the Stand2Walk, designed to support the lateral column and developing cuboid bone while stabilizing a child’s heel. Following its first product line, Stand2Walk (ages 9-18 months), the company will introduce ranges for all developmental phases of kids’ lives — Walk2Run (ages 18 months to 3 years), Run2Play (ages 3-5 years) and GoPlay (ages 5-8 years).
FinSMEs
30/08/2023