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First Fully Custom Jewelry Company, Wove, Raises $3.85 Million In Venture Capital Funding To Offer Newly Engaged Couples Stress-Free Engagement Ring Shopping Experience

Nov 21, 2022about 3 years ago

Amount Raised

$3.85 Million

Round Type

seed

BostonCommerce and ShoppingE Commerce

Investors

Early Light VenturesContext VenturesRarebreed VenturesOutlander VcSpringdale Ventures

Description

WOVE, the only online custom jewelry company that helps newly engaged couples build exact replicas before delivering high-end engagement rings, today announces the close of $3.85 Million in seed funding led by Springdale Ventures.

Company Information

Company

Wove Made

Location

Boston, Massachusetts, United States

About

Create a custom ring or choose from our pre-designed styles and get a free at-home ring try-on. Wove is a 21st century jeweler, bringing the jewelry designer directly to couples for custom engagement ring creation. We ensure couples love their final ring before they make the investment by providing a free ring home try-on service. Once couples are certain, our artisans handcraft their real ring in Lancaster, Pennsylvania, and have it at their home in a week. As an added perk, those who create a custom ring with Wove get to keep their try-on ring as a 'Honeymoon Ring', unlocking stress-free travel while still having the ring they love on their finger.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers