What is New Deal?
New Deal, established in 1995, specializes in urban streetwear and hip hop clothing, targeting young adults with contemporary fashion trends. The brand also offers complementary accessories, positioning itself as a prominent name in the street fashion industry. Their product lines are designed to resonate with the cultural and stylistic preferences of their core demographic.
How much funding has New Deal raised?
New Deal has raised a total of $2.9M across 2 funding rounds:
Debt
$1M
Debt
$1.9M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.9M led by PPP
What's next for New Deal?
The recent major strategic investment signifies a pivotal moment for New Deal, likely enabling further expansion and scaling of its operations. This infusion of capital is expected to bolster its market position, potentially through enhanced product development, broader distribution channels, or amplified marketing initiatives. The company's history of securing enterprise-level funding indicates a robust business model and strong investor confidence in its long-term growth potential.
See full New Deal company page