What is Marathon?
Based in Attleboro, Massachusetts, Marathon operates as a specialized entity within the jewelry supply chain, employing approximately 75 personnel. The company distinguishes itself through its active membership in the Responsible Jewellery Council (RJC), a critical standards-setting organization. By adhering to the RJC Code of Practices, Marathon integrates ethical, human rights, social, and environmental considerations into its core decision-making processes. This commitment to third-party audited business practices positions the firm as a reliable partner for stakeholders prioritizing transparency and sustainability in the procurement of diamond, gold, and platinum group metals.
How much funding has Marathon raised?
Marathon has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$808K
Debt (2020): $350K with participation from PPP
Debt (2021): $808K led by PPP
Key Investors in Marathon
PPP
Public-Private Partnership
What's next for Marathon?
With the recent capital deployment, Marathon is well-positioned to enhance its operational infrastructure and further embed its ethical compliance framework into its day-to-day activities. The company's strategic focus remains on balancing growth with the stringent requirements of the RJC, ensuring that its supply chain remains resilient and compliant with global standards. Future initiatives will likely involve optimizing internal processes to meet the increasing demand for ethically sourced jewelry components, thereby strengthening its market position as a leader in responsible manufacturing and distribution.
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