About Weaver & Loom
Weaver & Loom is a Consumer company based in Toronto (Canada) founded in 2018 by William Buddle, Ali Ghassemi, and Samten Dorje Hoazangtsang. Bespoke rugs are designed by users through a digital platform. Weaver & Loom has raised $20 thousand across 1 funding round from investors including Techstars. Its chief executive, as recorded, is Ali Ghassemi. Weaver & Loom offers products and services including Weaver & Loom Platform. Its focus areas include Consumer Goods, Home Furnishing Products, Home Textiles and Carpets & Rugs. Its competitors include The Scott Brothers, Kraus Flooring and Fabrocia.
Company details
Weaver Loom was established in 2018 in Toronto, Canada, as a digital platform in the home furnishings sector. Custom rugs are created by designers using an innovative online tool. Operations focus on producing luxury items at reduced costs while emphasizing sustainability. The platform connects creators with manufacturing processes to deliver personalized products efficiently.
- Headquarters Toronto, Canada
- Founders William Buddle, Ali Ghassemi, Samten Dorje Hoazangtsang
- SectorsConsumer
- Email••••••••
- Website weaverandloom.com
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$20K (USD)
in 1 rounds
- Latest Funding Round$20K (USD), Seed
Jun 2023
- Investors
Products & Services of Weaver & Loom
Weaver & Loom offers a comprehensive portfolio of products and services, including Weaver & Loom Platform.
Digital tool for creating and ordering bespoke hand-knotted rugs.
Funding Insights of Weaver & Loom
Weaver & Loom has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 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 $20,000
- Total Rounds 1
- Last Round Seed — $20,000
- First Round $20,000
(Jun 2023)
- Investors Count 1
All 1 funding rounds of Weaver Loom 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 |
|---|---|---|---|---|---|
| Jun 2023 | $20,000 | Seed | – | Techstars | – |
1 investors in total: 1 institutional.
Investors in Weaver & Loom
Weaver & Loom has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States |
Investor details for Weaver Loom
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Weaver & Loom
3 people are tracked at Weaver & Loom (3 in leadership).
| Name | Role | Group |
|---|---|---|
William Buddle | Co-Founder | Leadership |
Ali Ghassemi | Co-Founder & CEO | Leadership |
Samten Dorje Hoazangtsang | Co-Founder | Leadership |
Complete people profiles for Weaver & Loom
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Weaver & Loom
2 dated milestones of Weaver & Loom across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Weaver & Loom is founded.
- Funding First funding round of $20K.
Competitors of Weaver & Loom
Weaver & Loom has 3 listed competitors in our database. They include The Scott Brothers, Kraus Flooring and Fabrocia.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thescottbrothers.com | 2005 | Vancouver, Canada | Home renovation experts offering design tips, furniture, and TV shows via digital media. | |||
| krausflooring.com | 1959 | Waterloo, Canada | Carpets are manufactured by Kraus Flooring and distributed through retailers. | |||
| fabrocia.com | 2020 | Toronto, Canada | Operates a direct-to-consumer brand specializing in handmade rugs. |
Detailed competitors of Weaver Loom
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Weaver & Loom
Weaver & Loom was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Weaver & Loom is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Ali Ghassemi is the CEO of Weaver & Loom, as recorded in our data. They have also founded this company.
Weaver & Loom is a funded company, having raised a total of $20K across 1 funding round to date. The company's 1st funding round was a Seed of $20K, raised on Jun 2023.
Weaver Loom was established in 2018 in Toronto, Canada, as a digital platform in the home furnishings sector. Custom rugs are created by designers using an innovative online tool. Operations focus on producing luxury items at reduced costs while emphasizing sustainability. The platform connects creators with manufacturing processes to deliver personalized products efficiently.
Weaver & Loom's top competitors include Kraus Flooring, The Scott Brothers and Fabrocia.
Weaver & Loom offers Weaver & Loom Platform.
Weaver & Loom has 1 investor. Key investors include Techstars.