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Avoli Partners with SCHEELS to Exclusively Sell Footwear in Select Storefronts
Aug 07, 2024•almost 2 years ago
Contract Type
partnership
Description
Avoli has closed its initial funding round, raising over $2.1M, and has partnered with leading sports retailer SCHEELS to exclusively sell its footwear in select storefronts across the United States. The funding will be used for working capital and growth initiatives including new strategic hires, increased brand marketing, and broadening the availability of its market-leading footwear.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months