×
42 261
Fashion Jobs
LEVI'S
Account Executive, Dockers
Permanent · San Francisco
LEVI'S
Director de&i Communications And Employer Brand
Permanent · Remote
VICTORIA'S SECRET
Brand Operations Manager-The Mall at Wellington Green
Permanent · Wellington
VICTORIA'S SECRET
Senior Project Manager, Store Operations
Permanent · Columbus
PINK
Manager, PR & Brand Partnerships
Permanent · Reynoldsburg
NIKE
Director, HR Business Partner - Global Operations & Logistics
Permanent · Beaverton
CONVERSE
dc Operations Manager
Permanent · Boston
NIKE
Material Design Director - Catalyst Footwear
Permanent · Beaverton
NIKE
Global Brand Experience Design Director - Men's Studio
Permanent · Beaverton
NIKE
Lead Video Editor - Global Brand Imaging Studio - l.a
Permanent · Los Angeles
NIKE
Associate Product Line Manager-Global Football Apparel, Promo & Licensed
Permanent · Beaverton
NIKE
Global Corporate Narrative Communications Director
Permanent · New York
CONVERSE
Learning & Development Manager
Permanent · Boston
NIKE
Director, Application Security
Permanent · Beaverton
NIKE
Product Manager, Member And Partner Experiences
Permanent · Beaverton
NIKE
Global Payments Business Analyst
Permanent · Beaverton
NIKE
Brand Experience Design Director - la Brand Creative Studio
Permanent · Los Angeles
NIKE
HR Manager - Global Digital
Permanent · Beaverton
NIKE
Financial Analyst - Global Finance Apparel And Equipment
Permanent · Beaverton
NIKE
Digital Commerce Experience gO-To-Market sr. Manager
Permanent · Beaverton
NIKE
Global Catalyst Brand Management, Relationship Manager
Permanent · Beaverton
NIKE
Art Director, Global Brand Defining
Permanent · Beaverton
Published
Jul 7, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

SoleSavy secures $12.5 million in Series A funding round

Published
Jul 7, 2021

Canadian community-based sneaker startup SoleSavy has raised $12.5 million in Series A funding to ultimately help the company grow through investments in technology, product, services and more. 

SoleSavy secures Series A Funding for next phase of growth. - Facebook: SoleSavy


The funding round was led by Bedrock Capital and investors including Jason Calacanis’ Launch, Panache Ventures, Origin Ventures, Bessemer Ventures, Turner Novak’s Banana Capital, Dapper Labs’ CEO Roham Gharegozlou, Shopify’s President Harley Finkelstein, and Thomas Wesley “Diplo” Pentz.

This round follows an initial seed round of $2 million, secured in December, bringing the company’s total funding to date to $14.5 million.

SoleSavy will expand its offerings this fall to include a peer-to-peer member marketplace that will change how members interact and purchase sneakers. Next, SoleSavy’s footprint will expand beyond North America to markets including Australia and New Zealand, United Kingdom, Singapore, Japan, Mexico and Europe, while it continues to invest in community-led content and experiences including the SoleSavy podcast network, editorial features, original video, and unique member events.

“SoleSavy aims to solve the current challenges of the sneaker industry—one that has evolved from people enjoying their passion to being exploited for profit,” said Dejan Pralica, Co-Founder and CEO of SoleSavy. 

“With explosive member growth that has translated into a highly engaged community, we’re clear on the problems that must be solved, and how we can help make sneakers better for all types of enthusiasts. This new round of investment will help accelerate our mission, as we invest more into technology, hire the best talent, and launch new products and services.”

Founded by Pralica and Justin Dusanj in 2018, SoleSavy has experienced impressive growth since inception. It maintains a 90 percent daily active user rate, has experienced a three-fold increase in membership and a revenue increase of 200 percent.  

Following the initial seed round, the company has hired more than 35 employees in Los Angeles, New York, Dallas, Vancouver and Toronto, bringing a wealth of experience from the Los Angeles Lakers, Nike’s Jordan Brand, Complex Networks, JD Sports and more.

Copyright © 2021 FashionNetwork.com All rights reserved.