What is SoleSavy?
Founded in 2018 by Dejan Pralica and Justin Dusanj, SoleSavy operates as a paid community, primarily hosted on Slack, designed for collectors and enthusiasts. The platform addresses the challenges faced by consumers in acquiring popular footwear and merchandise, often targeted by bots and resellers. By fostering a community environment, SoleSavy aims to democratize access to retail-limited items and provide a trusted space for enthusiasts to connect and transact.
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 Panache Ventures, Bedrock Capital Management, Bessemer Venture Partners, Banana Capital, Origin Ventures, and LAUNCH
Key Investors in SoleSavy
Panache Ventures
Panache Ventures is a leading pre-seed and seed fund in Canada, dedicated to helping visionary entrepreneurs build high-growth companies from the ground up. They provide initial investments of up to $1.5 million and often serve as the first institutional investor for founders across various sectors.
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.
Bessemer Venture Partners
Bessemer Venture Partners (Bessemer) is a venture capital firm with a long history, established in 1911, and offices across multiple continents, focusing on supporting growth-stage companies.
What's next for SoleSavy?
With its recent major strategic investment, SoleSavy is poised for significant expansion. The enterprise-level funding suggests a strategic push to scale operations, enhance its community platform, and potentially broaden its market reach beyond sneakers into other high-demand collectible categories. This capital injection will likely fuel technological advancements, such as improved bot mitigation strategies and enhanced user experience features, solidifying SoleSavy's position as a leader in the enthusiast community market.
See full SoleSavy company page
