D2C Footwear Brand Solethreads Raises $3.7 Million In Funding From Fireside Ventures, Others
Amount Raised
$3.7 Million
Round Type
Seed
GurgaonFashionRetailDescription
Direct-to-consumer (D2C) footwear startup Solethreads has raised $3.7 million (around Rs 31 crore) from Fireside Ventures and existing investors DSG Consumer Partners and Saama Capital. This concludes the company’s Series A round, in which it had earlier raised Rs 27 crore during 2020 and 2021.Founded in 2020, Solethreads currently sells flip-flops, slides and sneakers for both men and women via both online and offline channels. The Gurgaon-based firm plans to use these funds for research and development and to grow its product portfolio, which currently has 1,200 stock keeping units (SKUs). “It is very important for us to lead the curve when it comes to designs and innovations, and for us to be able to do that, the entire back-end needs to sit in-house, especially the design team
Quick answer
Solethreads raised $3.7 Million in a Seed round, dated July 18, 2023. Solethreads is based in Gurgaon, Haryana, India.
- How much did Solethreads raise?
- Solethreads raised $3.7 Million in a Seed round on July 18, 2023.
- What does Solethreads do?
- Solethreads was co-founded in 2019 by Gaurav Chopra, Sumant Kakaria, Aprajit Kathuria and Vikram Iyer, who wanted to disrupt the open footwear category with an emphasis on comfort, innovation, and superior designs.
- Where is Solethreads based and how big is it?
- Solethreads is based in Gurgaon, Haryana, India.
- Who are the decision-makers at Solethreads?
- Fundz holds 1 contact at Solethreads. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Fashion and Retail around the same time
Companies in the same sectors as Solethreads that raised within 45 days of this round, from Fundz verified event records.
- SKIMS raised $271M on July 7, 2023.
- Freakins raised $4M (Seed) on July 5, 2023.
- Ponto raised $2.6M (Seed) on June 30, 2023.
- Mainstreet Marketplace raised $2M (Seed) on June 26, 2023.
- Jaya Apparel Group raised an undisclosed amount (Private Equity) on June 21, 2023.
- GoodBuy Gear raised $14M (Funding Round) on June 20, 2023.
Who to call at Solethreads, and when
A new round usually means Solethreads is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Solethreads raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Solethreads, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Solethreads. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Solethreads raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Solethreads raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.