Laced Secures $12 Million in Series A Funding
Laced, an innovative online marketplace headquartered in London, UK, has successfully secured $12 million in Series A funding to enhance its operations and offerings. The funding round was predominantly led by Talis Capital, a venture capital firm known for investing in forward-thinking companies. Additionally, the funding garnered interest from various prominent organizations, including H&M Group Ventures, the investment arm of the global fashion giant H&M Group, as well as BY Venture Partners and Truesight Ventures. Noteworthy angel investors like Bart Swanson, who is currently a board member at Impossible Foods and has a history with Zoom, and Eric Archambeau, the Co-Founder of Astanor Ventures, also participated in this significant funding round.
Since its inception in 2018, under the leadership of CEO Chris Gibbons, Laced has served as a vital connection point for buyers and sellers of sneakers and luxury goods.
The marketplace has gained a reputation for providing a secure environment for both collectors and enthusiasts, ensuring that transactions are seamless and trustworthy. Laced distinguishes itself by offering a wide range of services, including comprehensive authentication of sneakers, same-day order processing, and deliveries that happen seven days a week. Furthermore, the platform ensures that sellers receive payouts the same day their items are sold, enhancing the overall experience for users who engage in buying and selling high-end sneakers.
The dedication of Laced's team to providing exceptional service is evident through their strategic roles. Alongside CEO Chris Gibbons, the executive team includes Chief Technical Officer Chris Conolly, who oversees the technology aspects; Head of Product Design Doran Black, who is responsible for the user experience; and Chief of Staff Gareth Olyott, who ensures smooth operations across departments. This team is focused on leveraging the newly acquired funds to further advance Laced's technology and expand its product offerings, thereby solidifying its position as a leading marketplace for authentic sneakers and luxury goods. As the sneaker culture continues to grow globally, Laced is well-positioned to capitalize on this trend and cater to the needs of sneaker enthusiasts everywhere.
They've invested in Laced
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| Investors | Investment Focus | Startup Investments | Round Size | Connect |
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 Talis Capital( ) | BondavalPremFina | |||
 H&M Group Ventures( ) | ||||
 BY Venture Partners( ) | ||||
 Truesight Ventures( ) | ||||
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