We are thrilled to announce that our portfolio company Printify has successfully raised its $45 million Series A round, which was led by Index Ventures with participation from H&M Group, Virgin Group, Transferwise, Vinted, Squarespace, Redhat and Will Smith’s Dreamers VC.
We invested in Printify in 2019 and knew they were going to be solving a complex problem for many eCommerce businesses. With the recent boom in the creator economy, Printify has become a global marketplace for custom products and on-demand printing and shipping. The company now connects almost two million merchants with print providers and ships up to a million units per month.
Whilst other startups have attempted to enter the custom printing business, Printify offers the largest selection of on-demand printed products for influencers, creators, and merchants whilst also offering the lowest prices and highest quality. From stickers and mugs, to hoodies, t-shirts, and hats, Printify has emerged as a leader in the industry.
We could not be more proud of the entire Printify team on this amazing accomplishment. We are excited to support a company that is democratizing product creation for entrepreneurs and startups who want to enhance and build their brand through high quality, custom products.