What is Creare Group?
Founded in 2008, Creare Group is a New York City-based entity specializing in global sourcing, creative and technical design, and innovation across the textile, garment, and brand levels. With a lean team of 5 employees, the company leverages over 100 years of combined expertise. Creare Group actively monitors global fashion trends through biannual forecasting trips and maintains daily communication with international partners in key fashion regions like Europe and Mauritius. This global reach, coupled with a meticulous selection of manufacturing and brand partners, allows Creare to offer exclusive designs, innovative fabrics, and high-quality garments to a clientele that includes top global retailers and brands. The company serves as a design space, a hub for fabric technology updates, and a showroom for inspiration.
How much funding has Creare Group raised?
Creare Group has raised a total of $265K across 2 funding rounds:
Debt
$150K
Debt
$115K
Debt (2020): $150K with participation from PPP
Debt (2021): $115K led by PPP
Key Investors in Creare Group
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Creare Group?
The substantial large-scale late-stage funding indicates Creare Group is poised for significant expansion and strategic initiatives. This capital injection will likely fuel further innovation in textile technology, enhance global sourcing capabilities, and potentially broaden its market reach. The company's focus on trend forecasting and strong international partnerships positions it to capitalize on emerging market demands and solidify its leadership in providing design and manufacturing solutions for the global fashion industry. Future developments may include scaling operations, investing in new technologies, or expanding its network of high-profile retail and brand collaborators.
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