Tag Archives: Teespring

Is Teespring the future of apparel?

Commentary
They say that necessity is the mother of invention, and the rapid growth in the number of startups in the US market saw a need for innovative forms of early stage funding. Today, crowdfunding is disrupting the finance community by giving entrepreneurs opportunity to generate funds directly from a large pool investors, providing a feasible alternative to traditional funding sources such as banks and venture capital. While crowdfunding isn’t for everyone, the financial model is quickly catching fire and has spawned countless niche platforms that focus on raising funds for sectors such as, real estate, healthcare, charity and tech startups. One of the more popular tech businesses that leveraged the crowdfunding model is t-shirt company Teespring. What makes Teespring unique is it allows users to create and sell custom-designed

t-shirts without any upfront costs. The user can design a t-shirt and sell it online and the money generated from the sales will be used to pay for the production of the t-shirts and shipping. The business model is so effective that the company has sold six million t-shirts this year alone and claims to have turned at least 10 people into millionaires.

Today, the company received a massive $35 million Series B from Khosla Ventures.You can read about the funding here.

Top Ecommerce Deals for April 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $157,000,000 Wayfair T. Rowe Price Associates, Julie M.B. Bradley Ecommerce Investment
2 $150,000,000 Ozon.ru AFK Sistema, MTS Ecommerce Investment
3 $134,000,000 Snapdeal EBay Ecommerce Investment
4 $126,000,000 SK Encar Carsales.com Ecommerce Acquisition
5 $122,500,000 Harry’s Consortium Ecommerce Investment
6 $98,654,400 Westwing Consortium Ecommerce Investment
7 $76,000,000 Powa Undisclosed Ecommerce Investment
8 $75,000,000 Souq Naspers Limited Ecommerce Investment
9 $60,000,000 Birchbox Consortium Ecommerce Investment
10 $50,000,000 Cheyipai Consortium Ecommerce Investment
11 $50,000,000 Myntra Consortium Ecommerce Investment
12 $43,000,000 Ideeli Groupon Ecommerce Acquisition
13 $30,000,000 Julep Consortium Ecommerce Investment
14 $27,129,690 BuildDirect Mohr Davidow Ventures, BDC Venture Capital Ecommerce Investment
15 $25,000,000 Boqii Goldman Sachs Ecommerce Investment
16 $23,000,000 Hampton Creek Foods Consortium Ecommerce Investment
17 $21,000,000 The Cambridge Satchel Company Index Ventures Ecommerce Investment
18 $20,000,000 Teespring Andreessen Horowitz Ecommerce Investment
19 $18,500,000 Twice Andreessen Horowitz Ecommerce Investment
20 $18,000,000 NatureBox Consortium Ecommerce Investment

More information

  1. Wayfair Secures $157M in Series B Financing (FinSMEs)
  2. Ozon receives giant funding from AFK Sistema and MTS (EWDN)
  3. EBay Bets Big On India, Pours Another $134M Into Online Marketplace Snapdeal (TechCrunch)
  4. Carsales splashes $126m on SK Encar (The Australian)
  5. 10-Month-Old Harry’s Lands $122.5M, Buys 93-Year-Old Factory To Go Toe-To-Toe With Gillette And Schick (TechCrunch)
  6. Westwing Receives €72M (FinSMEs)
  7. Powa secures USD76m for m-commerce platform (Mobile Payments Insider)
  8. Souq raises an additional $75m from Naspers (Wamda)
  9. Beauty startup Birchbox lands $60M in funding (C/NET)
  10. Cheyipai Completes US$50M Financing (FinSMEs)
  11. Myntra Raises $50M (FinSMEs)
  12. Groupon Acquires Ideeli for $43M (FinSMEs)
  13. Beauty And E-Commerce Brand Julep Raises $30M To Disrupt The $160B Cosmetics Industry (TechCrunch)
  14. BuildDirect Raises CDN$30M in Series B Funding (FinSMEs)
  15. Pet E-commerce Site Boqii Closes $25 Million Series B Financing, Poised for Offline Expansion in 2014 (TechNode)
  16. Hampton Creek Foods Completes $23M Series B Financing (FinSMEs)
  17. The Cambridge Satchel Company Raises $21M (FinSMEs)
  18. Andreessen Horowitz Invests $20M In Custom Apparel Platform Teespring (TechCrunch)
  19. Secondhand Clothing Marketplace Twice Raises $18.5M From Andreessen Horowitz (TechCrunch)
  20. Healthy Snack Startup NatureBox Raises $18 Million Series B Led By Canaan Partners (TechCrunch)

Top 20 Ecommerce Deals for March 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $157,000,000 Wayfair T. Rowe Price Associates, Julie M.B. Bradley Ecommerce Investment
2 $134,000,000 Snapdeal EBay Ecommerce Investment
3 $126,000,000 SK Encar Carsales.com Ecommerce Acquisition
4 $122,500,000 Harry’s Consortium Ecommerce Investment
5 $76,000,000 Powa Undisclosed Ecommerce Investment
6 $75,000,000 Souq Naspers Limited Ecommerce Investment
7 $50,000,000 Myntra Consortium Ecommerce Investment
8 $50,000,000 Cheyipai Consortium Ecommerce Investment
9 $43,000,000 Ideeli Groupon Ecommerce Acquisition
10 $27,129,690 BuildDirect Mohr Davidow Ventures, BDC Venture Capital Ecommerce Investment
11 $25,000,000 Boqii Goldman Sachs Ecommerce Investment
12 $23,000,000 Hampton Creek Foods Consortium Ecommerce Investment
13 $21,000,000 The Cambridge Satchel Company Index Ventures Ecommerce Investment
14 $20,000,000 Teespring Andreessen Horowitz Ecommerce Investment
15 $18,500,000 Twice Andreessen Horowitz Ecommerce Investment
16 $17,815,200 Outfittery Consortium Ecommerce Investment
17 $15,000,000 FirstCry.com Consortium Ecommerce Investment
18 $14,000,000 Lyst Consortium Ecommerce Investment
19 $10,500,000 Tapingo Khosla Ventures, Carmel Ventures Ecommerce Investment
20 $10,000,000 Luxola Transcosmos, GREE Ventures Ecommerce Investment

More information

  1. Wayfair Secures $157M in Series B Financing (FinSMEs)
  2. EBay Bets Big On India, Pours Another $134M Into Online Marketplace Snapdeal (TechCrunch)
  3. Carsales splashes $126m on SK Encar (The Australian)
  4. 10-Month-Old Harry’s Lands $122.5M, Buys 93-Year-Old Factory To Go Toe-To-Toe With Gillette And Schick (TechCrunch)
  5. Powa secures USD76m for m-commerce platform (Mobile Payments Insider)
  6. Souq raises an additional $75m from Naspers (Wamda)
  7. Myntra Raises $50M (FinSMEs)
  8. Cheyipai Completes US$50M Financing (FinSMEs)
  9. Groupon Acquires Ideeli for $43M (FinSMEs)
  10. BuildDirect Raises CDN$30M in Series B Funding (FinSMEs)
  11. Pet E-commerce Site Boqii Closes $25 Million Series B Financing, Poised for Offline Expansion in 2014 (TechNode)
  12. Hampton Creek Foods Completes $23M Series B Financing (FinSMEs)
  13. The Cambridge Satchel Company Raises $21M (FinSMEs)
  14. Andreessen Horowitz Invests $20M In Custom Apparel Platform Teespring (TechCrunch)
  15. Secondhand Clothing Marketplace Twice Raises $18.5M From Andreessen Horowitz (TechCrunch)
  16. Outfittery Raises €13M in Funding (FinSMEs)
  17. FirstCry.com Raises $15M in Series C Funding (FinSMEs)
  18. Lyst Raises $14M in Series B Funding (FinSMEs)
  19. Tapingo Raises $10.5M in Series B Funding (FinSMEs)
  20. Luxola Raises $10M (FinSMEs)

Top 20 Transaction Deals for February 2014

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $523,500,000 Jobstreet Seek Transactions Acquisition
2 $260,000,000 Ticket Monster Groupon Transactions Acquisition
3 $200,000,000 LegalZoom Permira Transactions Acquisition
4 $195,000,000 China South City Holdings Tencent Transactions Investment
5 $120,000,000 Bright LinkedIn Transactions Acquisition
6 $88,000,000 Delivery Hero Insight Venture Partners Transactions Investment
7 $82,000,000 17u.cn Consortium Transactions Investment
8 $80,000,000 Stripe Consortium Transactions Investment
9 $75,000,000 AvantCredit Undisclosed Transactions Investment
10 $57,000,000 Spiceworks Consortium Transactions Investment
11 $45,168,480 NetRegistry Melbourne IT Transactions Acquisition
12 $32,000,000 Specialists On Call Warburg Pincus Transactions Investment
13 $30,000,000 Oscar Consortium Transactions Investment
14 $30,000,000 SiteMinder Technology Crossover Ventures Transactions Investment
15 $27,000,000 Vinted Accel Partners, Insight Venture Partners Transactions Investment
16 $23,600,000 MDLIVE Consortium Transactions Investment
17 $20,000,000 Teespring Andreessen Horowitz Transactions Investment
18 $20,000,000 Munchery Consortium Transactions Investment
19 $20,000,000 foodpanda-hellofood Phenomen Ventures Transactions Investment
20 $20,000,000 PayNearMe Consortium Transactions Investment

More information

  1. Australia’s Seek to Buy Jobstreet in $524 Million Deal (Wall Street Journal)
  2. Groupon’s $260M Acquisition Of Ticket Monster From LivingSocial Has Closed (TechCrunch)
  3. The $425M LegalZoom deal is a win for VCs, but less exciting for the company or LA (PandoDaily)
  4. Tencent Invests $195M In Logistics Firm China South City To Compete With Alibaba (TechCrunch)
  5. LinkedIn makes its biggest acquisition by paying $120m for job matching service Bright (The Next Web)
  6. Delivery Hero Raises $88M in Series E Financing (FinSMEs)
  7. Tencent Joins A $82mn Round of Funding in Online Travel Service 17u (TechNode)
  8. Eyeing International Growth, Stripe Raises $80M From Peter Thiel, Khosla And Sequoia At A $1.75B Valuation (TechCrunch)
  9. AvantCredit raises $75 million, prepares to hire 100 (Built In Chicago)
  10. Spiceworks Closes $57M Series E Funding (FinSMEs)
  11. Melbourne IT snares NetRegistry in $50.4m deal (AFR)
  12. Specialists On Call Receives $32M Investment (FinSMEs)
  13. Oscar, a New Health Insurer, Raises $30 Million (DealBook NT TImes)
  14. SiteMinder Raises US$30M in Funding (FinSMEs)
  15. Vinted Raises $27M (FinSMEs)
  16. MDLIVE Raises $23.6M in Funding (FinSMEs)
  17. Teespring Raises $20M in Funding (FinSMEs)
  18. Sources: Munchery Raising An Additional $20M For Its Gourmet Meal Delivery Service (TechCrunch)
  19. foodpanda-hellofood Raises $20M (FinSMEs)
  20. PayNearMe raises $20 million in new funding (Mobile Payments Today)