About Spoonflower
Spoonflower is a company based in Durham (United States) founded in 2008 was acquired by Shutterfly in June 2021.. Spoonflower has raised $25 million across 1 funding round from investors including Shutterfly, Bull City Venture Partners and Guidepost Growth Equity. Spoonflower offers products and services including Custom Fabric, Wallpaper, and Home Decor. Spoonflower operates in a competitive market with competitors including Rugs Direct, Fabric, Blue Ridge Home Fashions, SOMERSELLE and Pacific Linens, among others.
- Headquarter Durham, United States
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Spoonflower, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25 M (USD)
in 1 rounds
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Latest Funding Round
$25 M (USD), Series A
Aug 26, 2015
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Investors
Shutterfly
& 2 more
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Employee Count
Employee Count
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Acquired by
Shutterfly
(Jun 14, 2021)
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Products & Services of Spoonflower
Spoonflower offers a comprehensive portfolio of products and services, including Custom Fabric, Wallpaper, and Home Decor. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fabric with unique artist designs for home projects
Custom wallpaper featuring global artist prints
Decor items like bedding printed on demand
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Funding Insights of Spoonflower
Spoonflower has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series A round of $25 million completed in August 2015. 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 1
- Last Round Series A — $25.0M
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First Round
First Round
(26 Aug 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Series A - Spoonflower | Valuation |
investors |
| 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 |
Investors in Spoonflower
Spoonflower has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Shutterfly, Bull City Venture Partners and Guidepost Growth Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital is provided for B2B software founders.
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Founded Year | Domain | Location | |
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Growth-stage companies are targeted for investment by Guidepost Growth Equity.
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Founded Year | Domain | Location | |
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Personalized photo products including books, gifts, and decor are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Spoonflower
| 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 - Spoonflower
| 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 |
Spoonflower Comparisons
Competitors of Spoonflower
Spoonflower 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 Rugs Direct, Fabric, Blue Ridge Home Fashions, SOMERSELLE and Pacific Linens, 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 |
Online retailer of rugs
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| domain | founded_year | HQ Location |
A range of fabric products is retailed online by Fabric.
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| domain | founded_year | HQ Location |
Online seller of comforters, pillows, and bedding accessories.
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in home textiles.
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| domain | founded_year | HQ Location |
Home textiles are retailed online by Pacific Linens.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Spoonflower
Frequently Asked Questions about Spoonflower
When was Spoonflower founded?
Spoonflower was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Where is Spoonflower located?
Spoonflower is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Is Spoonflower a funded company?
Spoonflower is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series A of $25M, raised on Aug 26, 2015.
What does Spoonflower do?
Spoonflower is an online platform that allow individuals to print custom fabric, wallpaper and gift wrap on-demand. Also operates a community marketplace of surface designs by independent artists. Uses eco-friendly digital textile technology for printing.
Who are the top competitors of Spoonflower?
Spoonflower's top competitors include Rugs Direct, Fabric and Pacific Linens.
What products or services does Spoonflower offer?
Spoonflower offers Custom Fabric, Wallpaper, and Home Decor.
Who are Spoonflower's investors?
Spoonflower has 3 investors. Key investors include Shutterfly, Bull City Venture Partners, and Guidepost Growth Equity.
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