What is Sundar?
Sundar operates a digital apparel sourcing platform coupled with sustainability tracking tools, designed to address critical industry needs. Originating from MIT, the company has garnered support from influential entities such as the European Commission, the UK Government, and the Omidyar Foundation, an impact fund dedicated to combating modern slavery. Its backing by major Silicon Valley institutional investors and early adoption by leading contemporary fashion brands and global apparel manufacturers signal its disruptive potential. Sundar also fosters active partnerships with major enterprise technology providers serving the apparel and retail sectors worldwide, positioning itself as a key player in the industry's digital transformation.
How much funding has Sundar raised?
Sundar has raised a total of $1.3M across 1 funding round:
Angel/Seed
$1.3M
Angel/Seed (2015): $1.3M with participation from Techstars Ventures, Correlation Ventures, and New Enterprise Associates
Key Investors in Sundar
Techstars Ventures
Techstars Ventures is a global venture capital firm that supports entrepreneurs in building thriving startup communities through accelerator programs and investment funds.
Correlation Ventures
Correlation Ventures focuses on reinventing industries through innovative investment strategies and groundbreaking data science to support companies in making rapid investment decisions.
New Enterprise Associates
New Enterprise Associates (NEA) is a venture capital firm established in 1977, dedicated to assisting entrepreneurs in building successful businesses.
What's next for Sundar?
With its recent strategic investment and substantial total capital raised, Sundar is poised for accelerated growth and market expansion. The company's focus on sustainability and digital sourcing aligns with increasing industry demand for transparency and ethical practices. Future endeavors will likely involve scaling its platform capabilities, deepening enterprise partnerships, and further integrating its sustainability tracking tools across the global apparel supply chain. The backing from impact-focused investors and governmental bodies suggests a strategic direction aimed at not only commercial success but also significant social and environmental impact.
See full Sundar company page
