6 years ago
SupplyCompass Secures £1.5 Million Seed Funding for Sustainable Sourcing Platform
SupplyCompass, a London and Mumbai-based design-to-delivery sourcing platform, has raised £1.5 million in seed funding led by Episode 1, with participation from Unicorn Ascension, Ascension Ventures, and AngelList investors Andy Chung and Philipp Moehring
The company plans to use the funding to develop its technology and expand its curated marketplace of international manufacturers
SupplyCompass connects fashion and interiors companies with vetted manufacturers, streamlining the sourcing and manufacturing process through a cloud-based platform, expert team, and a focus on sustainable practices.
ProblemTechnology
"Sourcing and managing manufacturing for fashion and interiors companies is complicated, time-consuming and often unsustainable. "
Solution
"SupplyCompass provides a platform that connects companies with vetted manufacturers, simplifies the design and production process, and helps brands manage their supply chains efficiently."