How much did TALA raise?

TALA raised £5 Million in a Series A round on July 16, 2024.

Who invested in TALA?

Active Partners, Venrex and Pembroke VCT are named as investors in this round.

Who are the decision-makers at TALA?

Fundz holds 3 contacts at TALA, including the Head of Performance Marketing. Names and contact details are shown to Fundz members.

TALA raised £5m in a Series A funding round led by Pembroke VCT, Venrex, and Active Partners to expand their sustainable activewear brand.

PRIVATEJul 16, 2024

Amount Raised

£5 Million

Round Type

Series A

FashionRetail

Investors

Active PartnersVenrexPembroke VCT

Description

Grace Beverley's activewear brand TALA raised £5m in a Series A funding round after seven months of fundraising challenges. The company, founded in 2019 with a focus on sustainability, has experienced significant growth and profitability, despite the obstacles faced in a tough marketplace and the lack of VC funding for female-founded businesses in the UK.

Quick answer

TALA raised £5 Million in a Series A round, dated July 16, 2024. Investors: Active Partners, Venrex and Pembroke VCT.

How much did TALA raise?: TALA raised £5 Million in a Series A round on July 16, 2024.
Who invested in TALA?: Active Partners, Venrex and Pembroke VCT are named as investors in this round.
What does TALA do?: TALA’s mission is to bring you consciously-made, active-inspired pieces that deliver on performance, fit, quality and style, without the hefty price tag.
Who are the decision-makers at TALA?: Fundz holds 3 contacts at TALA, including the Head of Performance Marketing. 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 TALA that raised within 45 days of this round, from Fundz verified event records.

The Style Pulse raised an undisclosed amount (Seed) on August 26, 2024.
Powder Beauty raised an undisclosed amount (Pre-Series A) on August 26, 2024.
Greenlane Holdings raised $6.5M on August 13, 2024.
RŌZ raised an undisclosed amount (Seed) on August 12, 2024.
Haldèn raised $596K (Seed) on August 12, 2024.
Moxie Beauty raised $2.1M (Angel) on July 29, 2024.

Who to call at TALA, and when

A new round usually means TALA is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

TALA

About

TALA’s mission is to bring you consciously-made, active-inspired pieces that deliver on performance, fit, quality and style, without the hefty price tag. When founder Grace Beverley shifted from fast fashion in her everyday clothing, she found a host of sustainable options in every category other than activewear. The usual options of rental & pre-owned clothing aren’t very appealing when it comes to activewear. We don’t know about you but wearing someone’s old sweaty clothes does not seem like an alternative we can get excited about. And so it became clear that the activewear industry - despite booming - was completely underserved when it came to sustainability, especially at a price point that wasn’t eye-watering. We aim to create ultra flattering active-inspired pieces that you’ll feel good in, and good about.

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Related People

3 contacts

Verified contactsAlex D., Head of Performance Marketing hiddenSee plans and pricing

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Funding Insights

What this usually means

Typical timeline to Series B

Series A companies typically raise their next round in 10-18 months

TALA 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.

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