About SnapSuits
SnapSuits is a company based in Boston (United States) founded in 2014 by Ryan Leahy. It operates as a B2C. SnapSuits has raised $601.5 thousand across 2 funding rounds. SnapSuits operates in a competitive market with competitors including The Black Tux, Generation Tux, Vow To Be Chic, Union Station and Menguin, among others.
- Headquarter Boston, United States
- Founders Ryan Leahy
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Sectors
Retail
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$601.5 K (USD)
in 2 rounds
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Latest Funding Round
$301.5 K (USD), Seed
Apr 25, 2018
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Investors
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Employee Count
Employee Count
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Funding Insights of SnapSuits
SnapSuits has successfully raised a total of $601.5K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $301.5 thousand completed in April 2018. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $301,500
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First Round
First Round
(30 Sep 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Seed - SnapSuits | Valuation |
investors |
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| Sep, 2016 | Amount | Seed - SnapSuits | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by SnapSuits
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SnapSuits
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Snapsuits Comparisons
Competitors of SnapSuits
SnapSuits 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 The Black Tux, Generation Tux, Vow To Be Chic, Union Station and Menguin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Men's wedding apparel rentals are provided via an online platform.
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| domain | founded_year | HQ Location |
Tuxedos for men are rented via an online platform.
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| domain | founded_year | HQ Location |
Designer bridesmaid dresses and Little White Dresses are rented online.
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in bridesmaids dresses.
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| domain | founded_year | HQ Location |
Men's wedding attire is rented online through a customizable platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SnapSuits
When was SnapSuits founded?
SnapSuits was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is SnapSuits located?
SnapSuits is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of SnapSuits?
Ryan Leahy is the current CEO of SnapSuits. They have also founded this company.
Is SnapSuits a funded company?
SnapSuits is a funded company, having raised a total of $601.5K across 2 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Sep 30, 2016.
What does SnapSuits do?
SnapSuits, established in 2014, excels in engaging in retail operations, dealing with fashion products, apparel, and custom menswear. SnapSuits specializes in custom-fit suits tailored for grooms. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of SnapSuits?
SnapSuits's top competitors include The Black Tux, Generation Tux and Vow To Be Chic.