What is Creare Group?
Founded in 2008, Creare Group is a specialized entity with a core team of 5 employees, leveraging over 100 years of combined expertise. The company excels in global sourcing, creative and technical design, and driving innovation across the textile, garment, and brand development levels. Strategically located in New York City's Garment District, Creare Group actively monitors global fashion trends through biannual forecasting trips and maintains constant communication with international partners in regions like Europe and Mauritius. This global perspective ensures adaptability to shifting fashion dynamics and the creation of new market opportunities. Creare Group meticulously selects its manufacturing and brand collaborators, prioritizing those capable of developing exclusive designs, pioneering fabric technologies, and delivering exceptional quality and value. This selective approach has positioned Creare Group as a leader, providing clients and suppliers with a unique environment for design ideation, fabric technology exploration, and retail-inspired showroom experiences.
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 recent large-scale, late-stage funding infusion positions Creare Group for significant strategic advancements. This capital injection is expected to fuel the company's expansion into new markets, enhance its innovative design capabilities, and potentially broaden its global sourcing network. The emphasis on a 'major strategic investment' suggests a focus on scaling operations, solidifying key partnerships, and further embedding its leadership in textile and garment innovation. Creare Group is poised to leverage this financial backing to reinforce its competitive edge and capitalize on emerging opportunities within the dynamic global fashion industry.
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