About LoveCrafts
LoveCrafts is a company based in London (United Kingdom) founded in 2012 by Laurence Garrett was acquired by Missouri Star Quilt Company in September 2024. LoveCrafts has raised $145.58 million across 9 funding rounds from investors including Balderton Capital, Scottish Equity Partners and Highland Europe. LoveCrafts has completed 2 acquisitions, including Deramores Retail and WEBS. LoveCrafts offers products and services including Yarn, Knitting Patterns, Crochet Patterns, Cross Stitch Kits, and Fabric. LoveCrafts operates in a competitive market with competitors including Zulily, Amazon, Groupon, Trouva and Argos, among others.
- Headquarter London, United Kingdom
- Founders Laurence Garrett
-
Sectors
Retail
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Lovecrafts Group Limited
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$145.58 M (USD)
in 9 rounds
-
Latest Funding Round
$22 M (USD), Series C
Jan 28, 2021
-
Investors
Balderton Capital
& 4 more
-
Employee Count
Not available
-
Investments & Acquisitions
Deramores Retail
& 1 more
-
Acquired by
Missouri Star Quilt Company
(Sep 30, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of LoveCrafts
LoveCrafts offers a comprehensive portfolio of products and services, including Yarn, Knitting Patterns, Crochet Patterns, Cross Stitch Kits, and Fabric.
Fibers for knitting and crochet projects in various weights
Designs for creating garments and accessories
Instructions for making crochet items and toys
Complete sets for embroidery and cross stitch projects
Cotton and other fabrics for sewing and quilting
People of LoveCrafts
Unlock access to complete
Funding Insights of LoveCrafts
LoveCrafts has successfully raised a total of $145.58M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $22 million completed in January 2021. 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.
Investors in LoveCrafts
LoveCrafts has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Balderton Capital, Scottish Equity Partners and Highland Europe.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on tech companies
|
Locked | Locked | Locked | |
|
Multistage venture capital investments are focused on technology sectors.
|
Locked | Locked | Locked | |
|
Growth-stage consumer and enterprise technology companies are funded.
|
Locked | Locked | Locked |
Investor details for LoveCrafts
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by LoveCrafts
LoveCrafts has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Deramores Retail and WEBS.
Investment portfolio details for LoveCrafts
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Knitting and crochet supplies are retailed online by Deramores Retail.
|
Locked | Locked | 2010 | Locked | |
|
Retailer for yarn and related supplies
|
Locked | Locked | 1974 | Locked |
Complete acquisition details for LoveCrafts
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - LoveCrafts
Detailed financials for LoveCrafts
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Lovecrafts Comparisons
Peer comparison for LoveCrafts
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of LoveCrafts
LoveCrafts operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zulily, Amazon, Groupon, Trouva and Argos, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Online shopping platform is operated via flash sales by Zulily.
|
|
| Locked | Locked | Locked |
Multi-category products are offered through an online marketplace.
|
|
| Locked | Locked | Locked |
Online marketplace offering deals on multi-category products and services
|
|
| Locked | Locked | Locked |
Multi-category fashion and lifestyle products are retailed online.
|
|
| Locked | Locked | Locked |
Multi-category products are retailed online by Argos across various sectors.
|
Detailed competitors of LoveCrafts
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Lovecrafts
Complete news archive for LoveCrafts
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about LoveCrafts
LoveCrafts was founded in 2012 and raised its 1st funding round 1 year after it was founded.
LoveCrafts is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
LoveCrafts is a funded company, having raised a total of $145.58M across 9 funding rounds to date.
LoveCrafts was established in 2012 in London, United Kingdom, within the craft making sector. A community platform is operated, combining social networking with e-commerce features. Makers upload projects including guidelines and images, plan activities, seek advice, and purchase supplies through dedicated sites loveknitting.com and lovecrochet.com. Earnings are enabled for users selling design guides, while revenue is derived from accessories, raw materials, and these user contributions.
LoveCrafts offers Yarn, Knitting Patterns, Crochet Patterns, Cross Stitch Kits, and Fabric.
LoveCrafts has made 2 acquisitions, including Deramores Retail, and WEBS.
LoveCrafts has 5 investors. Key investors include Balderton Capital, Scottish Equity Partners, Highland Europe, TriplePoint Capital, and Missouri Star Quilt Company.