About Spreadshirt
Spreadshirt is a company based in Leipzig (Germany) founded in 2002. It operates as a Direct-to-Consumer (D2C), and Two-Sided Marketplace. Spreadshirt has raised $12.74 million across 2 funding rounds from investors including Accel and Kennet Partners. Spreadshirt has completed 1 acquisition, including Vitrinepix. Spreadshirt offers products and services including Custom Clothing and Accessories. Spreadshirt operates in a competitive market with competitors including Herrenschmiede, ShirtCity and pawaho, among others.
- Headquarter Leipzig, Germany
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Sectors
Retail
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Email
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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
$12.74 M (USD)
in 2 rounds
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Latest Funding Round
$12.74 M (USD), Series B
Feb 23, 2009
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Investors
Accel
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Spreadshirt
Spreadshirt offers a comprehensive portfolio of products and services, including Custom Clothing and Accessories. 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.
Customized clothing items are offered for personalization needs.
Various accessories are provided for custom design options.
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Funding Insights of Spreadshirt
Spreadshirt has successfully raised a total of $12.74M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $12.74 million completed in February 2009. 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 Series B — $12.7M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2009 | Amount | Series B - Spreadshirt | Valuation | Kennet Partners | |
| Jul, 2006 | Amount | Series A - Spreadshirt | Valuation | Accel |
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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 |
Investors in Spreadshirt
Spreadshirt has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Accel and Kennet Partners. 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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Tech and offline focused VC firm investing primarily in the US and Europe
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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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 Spreadshirt
Spreadshirt has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vitrinepix. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Limited information is available on Vitrinepix's core activities and operations.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Spreadshirt
| 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 |
Spreadshirt Comparisons
Competitors of Spreadshirt
Spreadshirt 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 Herrenschmiede, ShirtCity and pawaho, 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 |
Manufactures custom tailored apparel for individual clients.
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| domain | founded_year | HQ Location |
Operates a digital platform for custom-made t-shirts.
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| domain | founded_year | HQ Location |
An online store specializing in personalized clothing for dog owners.
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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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Latest news on Spreadshirt
Frequently Asked Questions about Spreadshirt
When was Spreadshirt founded?
Spreadshirt was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Where is Spreadshirt located?
Spreadshirt is headquartered in Leipzig, Germany. It is registered at Leipzig, Saxony, Germany.
Is Spreadshirt a funded company?
Spreadshirt is a funded company, having raised a total of $12.74M across 2 funding rounds to date.
What does Spreadshirt do?
Spreadshirt is recognized as a creative platform where over 250 products, including clothing and accessories, are customized. A marketplace for unique designs by independent designers is maintained, alongside tools for users to create personalized items with graphics and photos. Solutions for businesses and organizations through Spreadshirt Pro are offered, focusing on custom corporate teamwear, giveaways, and white label shops. The platform serves various sectors, including individual consumers, teams, and businesses, with worldwide delivery ensured.
Who are the top competitors of Spreadshirt?
Spreadshirt's top competitors include Herrenschmiede, ShirtCity and pawaho.
What products or services does Spreadshirt offer?
Spreadshirt offers Custom Clothing and Accessories.
How many acquisitions has Spreadshirt made?
Spreadshirt has made 1 acquisition, including Vitrinepix.
Who are Spreadshirt's investors?
Spreadshirt has 2 investors. Key investors include Accel, and Kennet Partners.