What is SoleSavy?
SoleSavy operates as a digital community designed for collectors and enthusiasts passionate about acquiring high-demand footwear and accessories. Founded in 2018 by Dejan Pralica and Justin Dusanj, the company initially established itself as a paid community, primarily hosted on Slack, to help members navigate the challenges of obtaining limited-edition items often targeted by bots and resellers. The platform aims to democratize access to coveted products by fostering a supportive and informed collector base.
How much funding has SoleSavy raised?
SoleSavy has raised a total of $12.5M across 1 funding round:
Series A
$12.5M
Series A (2021): $12.5M with participation from Origin Ventures, LAUNCH, Bedrock Capital Management, Banana Capital, Panache Ventures, and Bessemer Venture Partners
Key Investors in SoleSavy
Origin Ventures
Origin Ventures is an early-stage venture capital firm that invests in bold founders and innovative companies transforming productivity and automation through artificial intelligence. Their portfolio includes a range of sectors such as electrification, labor automation, commerce, and AI-native software. With a focus on long-term success, they provide capital and resources to help companies scale purposefully. Origin Ventures aims to reshape industries and improve lives by supporting extraordinary people and their groundbreaking ideas.
LAUNCH
LAUNCH is an investment firm focused on supporting early-stage companies. Their investment thesis often centers on innovative technologies and disruptive business models, aiming to provide foundational capital for growth.
Bedrock Capital Management
Bedrock Fund Management, LLC is a technology investment firm focused on identifying and capitalizing on narrative violations in the market. The firm aims to provide innovative investment solutions to its clients. With a dedicated team, Bedrock seeks to navigate the complexities of technology investments. Their services are tailored for investors looking to engage with emerging trends in the tech industry.
What's next for SoleSavy?
With the recent influx of $12.5M in strategic investment, SoleSavy is poised for accelerated expansion. This capital infusion, part of its $12.5M in total funding, will likely be directed towards enhancing its community infrastructure, expanding its reach to new markets, and potentially developing new features to combat resale market inefficiencies. The company's focus on building a robust, engaged community positions it well to capitalize on the enduring popularity of sneaker culture and the broader collectibles market.
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