About Wove Made
Wove Made is a company based in Lancaster (United States) founded in 2021 by Drew Wolgemuth and Brian Elliott. Wove Made has raised $3.85 million across 2 funding rounds from investors including Springdale Ventures, Outlander VC and RareBreed Ventures. Wove Made offers products and services including Bespoke Designs, Engagement Rings, Fine Jewelry, and Wedding Bands. Wove Made operates in a competitive market with competitors including CustomMade, Gemvara, Alexis Russell, Klase and Tangerine Jewelry Shop, among others.
- Headquarter Lancaster, United States
- Founders Drew Wolgemuth, Brian Elliott
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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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- Legal Name Wove Made 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
$3.85 M (USD)
in 2 rounds
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Latest Funding Round
$3.72 M (USD), Debt – Conventional
May 30, 2023
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Investors
Springdale Ventures
& 6 more
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Employee Count
Employee Count
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Products & Services of Wove Made
Wove Made offers a comprehensive portfolio of products and services, including Bespoke Designs, Engagement Rings, Fine Jewelry, and Wedding Bands.
Service for creating personalized jewelry pieces through online tools.
Collection of rings designed for engagements and special occasions.
Range of high-quality jewelry items for everyday or formal wear.
Selection of bands tailored for wedding and commitment ceremonies.
People of Wove Made
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Funding Insights of Wove Made
Wove Made has successfully raised a total of $3.85M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3.72 million completed in May 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 Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $3.7M
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First Round
First Round
(21 Nov 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Debt – Conventional - Wove Made | Valuation |
investors |
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| Nov, 2022 | Amount | Seed - Wove Made | Valuation | Springdale Ventures |
Investors in Wove Made
Wove Made has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Springdale Ventures, Outlander VC and RareBreed Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Springdale Ventures is engaged in funding transformative consumer brands.
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Founded Year | Domain | Location | |
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Venture capital is provided to tech companies by Outlander VC.
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Founded Year | Domain | Location | |
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RareBreed Ventures is focused on pre-seed investments for founders.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wove Made
Financial Statements - Wove Made
Wove Made Comparisons
Competitors of Wove Made
Wove Made 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 CustomMade, Gemvara, Alexis Russell, Klase and Tangerine Jewelry Shop, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Customization for precious jewellery is facilitated via an online marketplace.
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| domain | founded_year | HQ Location |
Custom fine jewelry is crafted and sold online.
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| domain | founded_year | HQ Location |
Customized precious jewelry is provided through an online platform.
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| domain | founded_year | HQ Location |
Online store selling customized necklaces, earrings, rings, and anklets directly to consumers.
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| domain | founded_year | HQ Location |
Runs a direct-to-consumer brand specializing in multi-category handcrafted precious jewelry.
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Frequently Asked Questions about Wove Made
Wove Made was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Wove Made is headquartered in Lancaster, United States. It is registered at Lancaster, Pennsylvania, United States.
Drew Wolgemuth is the current CEO of Wove Made. They have also founded this company.
Wove Made is a funded company, having raised a total of $3.85M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.85M, raised on Nov 21, 2022.
Wove Made was founded in 2021 in Lancaster, United States, as an internet-first brand in the fast-fashion jewelry sector. Rings and bands for engagements, weddings, and anniversaries are included in its product catalog. Pre-designed options are provided, alongside customization services tailored to specific occasions. Operations are led by co-founders Drew Wolgemuth, serving as CEO, and Brian Elliott.
Wove Made's top competitors include CustomMade, Gemvara and Alexis Russell.
Wove Made offers Bespoke Designs, Engagement Rings, Fine Jewelry, and Wedding Bands.
Wove Made has 7 investors. Key investors include Springdale Ventures, Outlander VC, RareBreed Ventures, Context VC, and PenFed Credit Union.