What is Sojo?
Founded in 2021, Sojo operates as a digital platform provider focused on clothing repair and alterations. The company aims to extend the lifespan of garments through convenient and accessible services, positioning itself within the growing sustainable fashion and circular economy market. By offering a streamlined process for consumers to get their clothes mended or modified, Sojo addresses both environmental concerns and the desire for personalized fashion.
How much funding has Sojo raised?
Sojo has raised a total of $2.4M across 1 funding round:
Other Financing Round
$2.4M
Other Financing Round (2022): $2.4M with participation from Mustard Seed MAZE, CapitalT, Vertex Albion Capital, and Ascension Ventures
Key Investors in Sojo
Mustard Seed MAZE
Mustard Seed MAZE is an impact Venture Capital fund investing in bold entrepreneurs with sustainable business models across Europe. They target fast-growing European ventures where impact and financial returns are mutually reinforcing.
CapitalT
CapitalT is an investment firm that focuses on backing exceptional teams and innovative ideas, investing early and collaborating closely with teams to help them grow and scale.
Ascension Ventures
Ascension is a venture capital firm specializing in backing early-stage tech businesses addressing societal challenges, with a focus on impact-driven investments and empowering founders.
What's next for Sojo?
The recent major strategic investment signals a pivotal growth phase for Sojo. This infusion of capital is expected to fuel expansion, potentially enhancing its technological infrastructure, broadening its service offerings, and increasing its market reach within the UK and possibly beyond. The company's focus on sustainability and repair aligns with increasing consumer demand for eco-conscious fashion solutions, suggesting a strong trajectory for future development and market penetration.
See full Sojo company page
