SPOKE sweeps £5M in crowdfunding to build on-demand menswear brand — TFN

SPOKE, a custom-made on-demand menswear brand, has secured a £5M crowdfunding round on the Seedrs platform. The round was led by existing investors, including Oxford Capital, Forward Partners, BGF, and 24 Haymarket. The funding will be used to invest in the team, technology, and marketing to accelerate its reach in international markets, particularly in the US and Europe. The company is currently experiencing rapid growth, with over 60% year-on-year increase and plans to quadruple revenue in the US by 2024.

SPOKE Raises £5 Million to Expand On-Demand Menswear Brand Globally

SPOKE is a custom-made on-demand menswear brand that has developed a unique platform to deliver a customised finish in over 400 size options across its legwear ranges, covering leg length, waist and build. It is currently experiencing an exhilarating post-pandemic recovery, with the growth of more than 60% year-on-year, as work and going out trends normalise. The US is SPOKE’s second-largest market after the UK and is currently growing at over 100% per annum.  The company is planning to build a US team to quadruple revenue by 2024.

A custom-made on-demand menswear brand offering over 400 size options across its legwear ranges.

3 years ago

SPOKE Raises £5 Million to Expand On-Demand Menswear Brand Globally

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