What is Spoke?
Founded in 2014 and headquartered in Richmond, England, Spoke specializes in the creation and sale of custom-fit trousers and apparel. Operating on a direct-to-consumer model, the company aims to provide personalized apparel solutions, differentiating itself in the competitive fashion market through its focus on fit and tailored offerings. The company's strategic approach to its market segment has been supported by consistent capital infusion.
How much funding has Spoke raised?
Spoke has raised a total of $18M across 3 funding rounds:
Angel/Seed
$1.8M
Series B
$10.1M
Other Financing Round
$6.1M
Angel/Seed (2017): $1.8M with participation from Oxford Capital Partners
Series B (2019): $10.1M led by BGF
Other Financing Round (2022): $6.1M, investors not publicly disclosed
Key Investors in Spoke
BGF
BGF, headquartered in London, United Kingdom, is a significant investor in small and mid-sized businesses, known for supporting companies across various growth stages and sectors.
Oxford Capital Partners
Oxford Capital Partners, based in Oxford, Oxfordshire, UK, is an investment manager providing Growth Capital to smaller companies, assisting entrepreneurs in business expansion.
What's next for Spoke?
The recent major strategic investment signals a pivotal phase for Spoke, likely enabling further expansion of its product lines, enhancement of its e-commerce platform, and broader market penetration. As an enterprise-level funding recipient, Spoke is positioned to scale its operations, potentially exploring new manufacturing technologies or expanding its direct-to-consumer reach into new geographical markets. The company's trajectory suggests a focus on solidifying its brand presence and optimizing its supply chain for custom apparel.
See full Spoke company page
