Fundz

The Edit Ldn Raises Seed Round To Serve Sneakerheads Around The World

PRIVATEJan 17, 2023

Round Type

Seed

E CommerceFashionRetail

Investors

Philadelphia 76ers’ P.J. TuckerRegah Ventures

Description

Before founding The Edit LDN, Moses Rashid frequented sneaker festivals and exhibitions to buy limited edition shoes. But Rashid, who describes himself as a “huge sneakerhead,” was often disappointed by the shopping experience. “I found it crazy that I was dropping $850 on a pair of sneakers but I wouldn’t even get a bag to bring them home in!” he said. He started The Edit LDN out of his home two years ago to give other sneakerheads the kind of premium experience they’d expect from luxury brands like Louis Vuitton or Dior.

Quick answer

The Edit LDN raised an undisclosed amount in a Seed round, dated January 17, 2023. Investors: Philadelphia 76ers’ P.J. Tucker and Regah Ventures.

How much did The Edit LDN raise?
The Edit LDN raised an undisclosed amount in a Seed round on January 17, 2023.
Who invested in The Edit LDN?
Philadelphia 76ers’ P.J. Tucker and Regah Ventures are named as investors in this round.
What does The Edit LDN do?
A Global Online Destination for Limited Sneakers and High End Streetwear.

Source: Fundz verified event record.

Who else raised in E Commerce and Fashion around the same time

Companies in the same sectors as The Edit LDN that raised within 45 days of this round, from Fundz verified event records.

  • Jendaya raised an undisclosed amount (Funding Round) on February 10, 2023.
  • Citizenry raised $2.3M (Seed) on January 31, 2023.
  • Boxed raised $20M (Funding Round) on January 20, 2023.
  • Syky raised an undisclosed amount (Series A) on January 17, 2023.
  • Wakefit raised $40M (Funding Round) on January 13, 2023.
  • Neptune Wellness Solutions raised an undisclosed amount (Debt Financing) on January 13, 2023.

Who to call at The Edit LDN, and when

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

  • An alert the day The Edit LDN raises, hires an executive or expands, scored against what you sell
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Company Information

Company

The Edit LDN

About

A Global Online Destination for Limited Sneakers and High End Streetwear. Featured in The Times, GQ, Hypebeast, Forbes, and more. Brands we carry include: Jordan, Yeezy, New Balance, Travis Scott, Dior, Off-White, CPFM, KITH, to name a few... Being self-confessed sneaker-heads, we identified a gap in the market and established The Edit LDN to digitally connect investors and owners of sneakers with buyers, redefining a market forecasted to hit $30B by 2030. Turning a passion into a multi million pound business in just 2.5 years, the business has grown 500% Year on Year and is on track to scale further into USA & UAE this year. We became: • The 1st Reseller to enter Harrods, now on 3 floors. • The 1st Global Sneaker Marketplace to pledge to removing 1KG of plastic from the oceans with every sale through their platform - PreLoved Marketplace launching 2022. • The 1st Global Sneaker Marketplace to accept Crypto, entering the Metaverse via Bloktopia, 2022 • The 1st Global Sneaker Marketplace to deliver a Same Day Service We will be the most Disruptive, and most Innovative Sneaker & Streetwear Marketplace, Globally. Further Highlights include: • Harrods - 2,000 SQ FT space in Iconic Department Store, now across 3 floors. • Global Partnership with Threads Styling - UK & USA • Included in Klarna's Heartbeat 4 Sneakers Week alongside Size, Footlocker and Adidas • Collaboration with Defected Records • Collaboration with McQueen

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The Edit LDN raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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