About Loop Cashmere
Loop Cashmere is a Retail company based in Harrogate (United Kingdom) founded in 2020 by Richard Levin and Claire Heathcote. Handcrafted winter wear for men and women is offered online. Loop Cashmere has raised $371.18 thousand across 2 funding rounds from investors including Finance Yorkshire. Loop Cashmere was last valued at $1.19 million in July 2023. Its website loopcashmere.co.uk draws about 16 thousand monthly visits. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Apparel. Its legal entity is HARROGATE CASHMERE COMPANY LTD. Its competitors include Wool and The Gang and Little Good Knits; 1 of its 2 listed competitors has raised funding.
Company details
Loop Cashmere was founded in 2020 and is headquartered in Harrogate, United Kingdom. Winter apparel such as sweaters, hoodies, ponchos, cardigans, coats, jackets, and dresses is handcrafted and sold through an internet-first model to men and women. Accessories including scarves, beanies, socks, and gloves are also provided, alongside maintenance items like wool mists and combs. Operations focus on the fashion sector with an emphasis on wool-based products.
- Headquarters Harrogate, United Kingdom
- Founders Richard Levin, Claire Heathcote
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website loopcashmere.co.uk
- Social LinkedIn X Facebook Instagram
- Legal Name Harrogate Cashmere Company Ltd
- Date of Incorporation 22 May, 2020
- Jurisdiction LEEDS, ENGLAND
- Total Equity Funding$371.18K (USD)
in 2 rounds
- Latest Funding Round$76.34K (USD), Seed
Jul 2023
- Investors
Funding Insights of Loop Cashmere
Loop Cashmere has successfully raised a total of $371.18K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $76.34 thousand completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $371,184
- Total Rounds 2
- Last Round Seed — $76,341
- First Round $294,843
(Aug 2022)
- Investors Count 1
All 2 funding rounds of Loop Cashmere with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $76,341 | Seed | $1.19M | – | – |
| Aug 2022 | $294,843 | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2023 | $1.19M | •••••••• |
Last known valuation $1.19M (Jul 2023). 1 investors in total: 1 institutional.
Investors in Loop Cashmere
Loop Cashmere has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Finance Yorkshire.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Funding is provided to support SME growth in Yorkshire. | finance-yorkshire.com | Barnsley, United Kingdom |
Investor details for Loop Cashmere
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- Complete investor list
- Round participation
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People of Loop Cashmere
3 people are tracked at Loop Cashmere (3 in leadership).
| Name | Role | Group |
|---|---|---|
Richard Levin | Co-Founder | Leadership |
Claire Heathcote | Co-Founder | Leadership |
Aude V. | Chief Executive Officer | Leadership |
Complete people profiles for Loop Cashmere
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Timeline of Loop Cashmere
4 dated milestones of Loop Cashmere across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Loop Cashmere is founded.
- Funding First funding round of $295K.
- Funding Latest funding round, Seed, of $76K.
- Milestone Reaches Minicorn status.
Competitors of Loop Cashmere
Loop Cashmere has 2 listed competitors in our database, 1 of them funded. They include Wool and The Gang and Little Good Knits.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| woolandthegang.com | 2008 | London, United Kingdom | $4.33M | 24 | Handcrafted knitwear and knitting kits are provided for custom designs. | |
| littlegoodknits.com | 2022 | London, United Kingdom | Sells eco-friendly knitwear online through collaborations and direct sales. |
Detailed competitors of Loop Cashmere
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- Full competitor set
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Web traffic of Loop Cashmere
The website of Loop Cashmere (loopcashmere.co.uk) receives about 16.4K visits a month.
- Monthly visits16.4K
▼ 18.1% vs previous month
Websites whose visitors overlap most with Loop Cashmere. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
theglamorousgoat.com | theglamorousgoat.com | 100% | #5,968,343 | – | |
| cablemelbourne.com | 92% | #758,878 | View details |
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Related news about Loop Cashmere
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Frequently Asked Questions about Loop Cashmere
Loop Cashmere was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Loop Cashmere is headquartered in Harrogate, United Kingdom.
Loop Cashmere is a funded company, having raised a total of $371.18K across 2 funding rounds to date. The company's 1st funding round was a Seed of $294.84K, raised on Aug 2022.
Loop Cashmere was founded in 2020 and is headquartered in Harrogate, United Kingdom. Winter apparel such as sweaters, hoodies, ponchos, cardigans, coats, jackets, and dresses is handcrafted and sold through an internet-first model to men and women. Accessories including scarves, beanies, socks, and gloves are also provided, alongside maintenance items like wool mists and combs. Operations focus on the fashion sector with an emphasis on wool-based products.
Loop Cashmere's top competitors include Wool and The Gang and Little Good Knits.
Loop Cashmere has 1 investor. Key investors include Finance Yorkshire.
The valuation of Loop Cashmere is $1.19M as of Jul 2023.
Loop Cashmere operates through Harrogate Cashmere Company Ltd.